So, you’ve purchased QuickBooks with the expectation that it will solve all of your bookkeeping problems, right? Then, you find out you don’t even know where to begin!

In the past, an IRS agent would request printed reports and back-up paper documents during an audit. There is now the possibility that they will request an actual copy of your QuickBooks file - not just your printed general ledger. The IRS recently purchased several thousand QuickBooks licenses in preparation of up-coming audits.

If you own your own business, it is imperative that you have a solid bookkeeping/accounting system in place. Not only will you need these records to complete your tax return, but you need the information available to you to make management decisions throughout the year.