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BTCI
November 1, 2019
Question

Overwhelmed and need guidance

  • November 1, 2019
  • 3 replies
  • 0 views

Hi, my husband and I started an incorporated company and I have been trying to do the bookkeeping. I've been using quickbooks online and I understand how to do things on the technical side (how to log expenses etc) but I am feeling lost and overwhelmed when it comes to knowing WHERE to put things. For example, I dont know where or how to log the transfer of funds that we "pay" ourselves with. I also don't know where or how to enter in our overhead costs like house insurance, property insurance, property taxes, hydro bills, (I understand that there is only a percentage allowed ) etc etc. My question is does anyone know of a mentor/buddy program that I can join where I can have someone who can help me along when I need it? Does such a program exist?  (I'm In Canada if that matters). Thanks for reading and for any helpful information.  I am trying my best to keep things well documented and organized to save us a headache later but I'm not feeling confident that I'm doing this right. 

Thanks!

 

3 replies

R
Rochelley
November 1, 2019

Hello @BTCI ,

 

Where are you located?  There should be a Quickbooks ProAdvisor in your area that could point you in the right direction.  If you have any trouble finding someone, I would be happy to help you.  I'll PM you.

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BTCIAuthor
November 1, 2019

@Rochelley  could you email me at [email address removed] please? I can't figure out the DM thing, sorry! 

Thanks for taking the time to reply back!

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Rochelley
November 1, 2019

Sorry, your email in your message was removed by the forum.  I'm guessing they want us to stay within the community :)  If you click on your Avatar on the top right of the screen, go to My Settings.  Then Preferences, then Private Messenger.  Put checkmarks in both boxes.  Then I will be able to PM you.

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Rochelley
November 1, 2019

Tried to PM you but you must have private messaging disabled as you don't show up as a valid recipient.  When you get it turned on, PM me to @Rochelley .

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BTCIAuthor
November 1, 2019

Hi, thanks for the reply. I am not sure how to turn on private messages. I went under preferences but couldn't see a tab.

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Anonymous
November 1, 2019

QB has a lot of user guide + video and stuff that is very helpful for 'learning to use the program' - which is mostly HOW to do things.

But getting yourself some very basic accounting & bookkeeping knowledge first will help you to understand WHY to do things - which QB doesn't really teach. 

I cant suggest any specific thing but there are tons of free learning resources on the internet. You'd probably be looking for the equivalent of a 100 level college class

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BTCIAuthor
November 2, 2019

Thank you for your response. I will do some research and try to find a bookkeeping courses.  While searching thru the CRA website I also found a CRA liaison officer that can help smalls businesses by answering questions, looking over the books and making suggestions and offering advice so I have contacted them as well

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Rochelley
November 5, 2019

Hi @BTCI ,

 

You're not in the right spot to get to Private Messaging.  Follow this path:

My Settings

Click on Preferences

Underneath this, a list of options will appear.  You have clicked on Preference Options.  You want to move further to the right and click on Private Messenger instead.

Hope that helps :)

 

 

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