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taxsolver71
01-14-2008, 08:03 AM
Hi All,

I am a new member, I have a small business of about 26 accounts right now and looking to grow slowly as I do all the work by myself. always looking for advice on how to improve business. In the winters I am a tax accountant, so if anybody needs advice, I would be more than glad to help. http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/rock.gif

realhuntin
01-14-2008, 08:37 AM
Hi Mike

Welcome to the Gopher Forum.

How long have you been in the Lawn Care Busimess?

What would be the most overlooked thing you have seen as an accountant, with in our industry?

Thanks
Tim

Steve
01-14-2008, 02:11 PM
Hi Mike,

Welcome to our forum!

You should put some kind of ad in your forum signature to promote your tax services.

Being involved in tax preparation really must give you an interesting look at business! What do you find is the toughest part about running your business so far?

taxsolver71
01-15-2008, 08:36 AM
I feel the biggest mistakes made in accounting for the industry is classifying assets and making hte correct entry when a payment is made in Quickbooks. Quickbooks is a great tool, but if you do not know a little bookkeeping it can make it #### on your accountant. A new asset should be listed as a fixed asset, with a current liability set up for the amount due. Both balances should be equal to start. Any payments made should reduce the liability and dont forget to keep track of depreciation and accumulated depreciation for year end. http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/pointlaugh.gif

Steve
01-15-2008, 02:11 PM
That was very insightful!