Reconciliation

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Subject Author Date Reconciliation Stephane 05-09-2008  Re: Reconciliation David Smith 05-09-2008  Re: Reconciliation Stephane 05-09-2008  Re: Reconciliation David Smith 05-10-2008  Re: Reconciliation QBConsultant 05-10-2008  Re: Reconciliation EXT 05-11-2008  Re: Reconciliation TObject 05-11-2008
Posted by Stephane on May 9, 2008, 10:27 am Please log in for more thread options I opened a new business an IT Support. Do I post my montlhly reconciliation after I submitted my report to GST and PST? or before? Thanks, Stéphane Posted by David Smith on May 9, 2008, 10:42 am Please log in for more thread options >I opened a new business an IT Support. > > Do I post my montlhly reconciliation after I submitted my report to GST > and PST? or before? What "monthly reconciliation? would that be? If you mean reconcile the bank -you might want to as a step to ensure transactions are not missing. The step of reconciling will not affect those reports otherwise. Posted by Stephane on May 9, 2008, 6:30 pm Please log in for more thread options So what you are saying is that it does not matter either way? >>I opened a new business an IT Support. >> >> Do I post my montlhly reconciliation after I submitted my report to GST >> and PST? or before? > > What "monthly reconciliation? would that be? If you mean reconcile the > bank -you might want to as a step to ensure transactions are not missing. > The step of reconciling will not affect those reports otherwise. > Posted by David Smith on May 10, 2008, 10:22 am Please log in for more thread options What I am saying is -if you do the reconciliation you may find transactions which are either wrong or unrecorded which may affect those returns. Not doing the reconciliation will not prevent you from filing your sales taxes. > So what you are saying is that it does not matter either way? > >>>I opened a new business an IT Support. >>> >>> Do I post my montlhly reconciliation after I submitted my report to GST >>> and PST? or before? >> >> What "monthly reconciliation? would that be? If you mean reconcile the >> bank -you might want to as a step to ensure transactions are not missing. >> The step of reconciling will not affect those reports otherwise. >> > > Posted by QBConsultant on May 10, 2008, 8:11 am Please log in for more thread options > I opened a new business an IT Support. > > Do I post my montlhly reconciliation after I submitted my report to GST an= d > PST? or before? > > Thanks, St=E9phane Yes, you should do a monthly bank reconciliation. What report are you submitting? What is GST and PST? Michelle L. Long, CPA, MBA Author of: Successful QuickBooks Consulting: The Complete Guide to Starting and Growing a QuickBooks Consulting Business http://www.SuccessfulQuickBooksConsulting.com http://www.amazon.com/Successful-QuickBooks-Consulting-Comprehensive-Startin= g/dp/1434810690 Similar Threads Posted Reconciliation August 10, 2007, 5:12 pm Reconciliation problem May 31, 2007, 3:09 am reconciliation blues August 8, 2007, 8:45 am HELP NEEDED - Reconciliation September 12, 2008, 9:55 am Bank Reconciliation Question August 23, 2006, 4:24 pm Reconciliation excessively long December 10, 2006, 12:13 pm QB Credit Card reconciliation July 3, 2007, 2:47 pm CC reconciliation problem QB2008 December 28, 2007, 3:31 pm Cybersource QuickBooks Reconciliation June 25, 2008, 4:29 am Deleted Deposit - Throwing off reconciliation November 9, 2006, 2:13 pm