Search found 3 matches

by lmorganlmorgan
Mon Aug 29, 2011 11:09 pm
Forum: Accounting
Topic: Payroll Beginning Balances
Replies: 4
Views: 1547

Re: Payroll Beginning Balances

Wow!!! I hoped it would be easier than that. Maybe this will be a fix in future updates. Thanks for the info.
by lmorganlmorgan
Sat Aug 27, 2011 8:11 pm
Forum: Accounting
Topic: Closing Costs
Replies: 4
Views: 1581

Re: Closing Costs

You are not really paying for it twice because you were not out any cash at the time of the loan. You would record the fees to an expense now and when you pay down the loan you will only record the interest as an expense. The principle portion of your payments will not be recorded to an expense.
by lmorganlmorgan
Sat Aug 27, 2011 5:23 pm
Forum: Accounting
Topic: Payroll Beginning Balances
Replies: 4
Views: 1547

Payroll Beginning Balances

We are starting to use PC for the first time. Can someone tell me where you go to enter the employees YTD payroll information before we start processing payroll on PC. I'm assuming you can do this since it would be necessary for future payroll tax reports and W-2 at year end.