AngieC said:
“
Hi.
I have just begun working with a company that owns +15 properties that are rented out with a high turnover of occupants (DHSS). They had Quickbooks set up by another bookkeeper who has now left. They have not had a bookkeeper for several months. Nothing has been filed and receipts and invoices seem to be in piles everywhere! The bank accounts do not appear to have been reconciled and transactions have not been updated since the October. The main bank account is also used by the client as their own private account.
Please, please,please can I have some advice as to where to start my head is spinning!
”
Hi,
Please check the bank account in QB whether the previous book keeper reconcile or not? You can ckeck in quick book by - Company ---Chart of Accounts----Select current bank account and then you can see the banking activities whether they ticked or not.
If the company not maintain bank account, separate the business transaction from private account and start the work. Advice the client to open a bank account for Business.
thanks
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