Hacker News new | ask | show | jobs
by gavinhoward 1309 days ago
The result was clear enough. Thank you. :)

It makes more sense that I would just give an accountant my G/L (General Ledger?), and it makes sense that gross sales matter most.

It also makes sense that more input is good past a certain threshold. I'll definitely go with a firm at that point, but I admit that I don't want accountants to save me money on taxes; I want to have bulletproof accounting so that the IRS doesn't audit me or finds absolutely nothing to worry about if they do.

Thank you for the two links. I had found the first, and the second only confirmed what I thought. I think any misconceptions I have from here can be correct by an actual accountant.

I actually check my trial balance every week. (I didn't know that's what I was doing, but that's what I do.) Other than that, I'll try to leave it up to my accountant. (I can be a control freak.)

I definitely would have made the mistake of changing accounts in the middle of a year, thank you.

If banks consider old A/R's unrecoverable, that means they generally are, and that means I should not allow customers to get lax on paying them. That's a great tip, thank you.

And thank you for the encouragement and help!