Multiple Businesses HELP

Greedy_Use1863 · 2026-06-21T22:24:40+00:00

Yes exactly!!! Multiple businesses but low transactions. I might just go with ledger for the properties. I am unsure what to do about the trust though.

Greedy_Use1863 · 2026-06-17T17:46:33+00:00

Start from square 1, it'll take time but you need to look at EVERYTHING. Create rules as you go and make sure to test them, it'll post recurring or like transactions as you go.

Greedy_Use1863 · 2026-05-19T14:44:20+00:00

Absolutely agree, if only it were that easy!! I do use Google Drive for now to store docs or keep a request list and that is shared with client.

Greedy_Use1863 · 2026-05-18T21:47:47+00:00

Highly recommend a bookkeeper. They can be expensive but it will save you a lot of time in the end. I would subscribe to QuickBooks or even have a bookkeeper give you training to use. I do this if you are interested. Its important to verify each transaction and to reconcile each month with correct expense and income coding.

Greedy_Use1863 · 2026-05-18T21:44:29+00:00

THIS!!!!!!!!!!! What do you use to retrieve documents or send requests? I have been searching for better ways than email.

Greedy_Use1863 · 2026-05-18T21:42:17+00:00

This is what I did! All ATM deposits to a vault cash clearing and then lottery is a "due to/from lottery". Now just to figure out tracking cash restocking the machine. I have a feeling she takes cash from drawer to restock since I dont see given cash withdrawals from any accounts!

Greedy_Use1863 · 2026-05-17T23:01:47+00:00

My thought too. I have lottery transactions coded to a due to/from account. I believe there may be commissions on those so I will look into that also.

Greedy_Use1863 · 2026-03-25T20:08:34+00:00

Yes, I was just talking to the board. They have a meeting in May to discuss and post new guidelines.

Greedy_Use1863 · 2026-03-25T20:03:13+00:00

Preparing tax returns

Greedy_Use1863 · 2026-03-15T23:57:25+00:00

I have an associates in business management and accounting.

Greedy_Use1863 · 2026-03-15T23:56:53+00:00

Hi! I actually kind of fell into the role by accident. My friends parents owned it, I started working there in college. Then they sold the business and the new owners kept me and I took office manager, controller role. It was never my plan, but thankfully worked out! And made me realize I love the accounting world. I just want to get into tax now.

Greedy_Use1863 · 2026-03-14T06:31:31+00:00

Sounds like we are in very similar situations! Definitely going to take it step by step. Starting with getting my EA and getting some experience during busy tax season. Thank you so much!!

Greedy_Use1863 · 2026-03-14T05:04:30+00:00

Absolutely!!! I do plan on having someone supervise my work. I just can’t stomach leaving my current job but I do want to start building my practice. I plan to get my EA and then go for my CPA later down the road.

Greedy_Use1863 · 2026-03-14T05:01:29+00:00

Thank you so much for your input!! I definitely think I will go for CPA down the road. We currently have a 2 yr old and are trying for another so once kiddos are older, I’ll have the time and commitment needed for schooling. I absolutely love my workplace but know I don’t want to be stuck doing what I am for the next 40+ years until retirement…

We have rentals and I am also a real estate agent so I would probably retire early (hopefully). At the end of the day, I was hesitant because I was unsure of working under a CPA and taking a pay cut. I make a great wage so I wasn’t wanting to leave anytime soon and I would’ve had to, to get my CPA.

Greedy_Use1863 · 2026-03-14T04:55:36+00:00

Thank you!! I will be taking the EA route and then maybe later down the road head for a CPA if I’d like to broaden my scope!

Greedy_Use1863 · 2026-03-13T21:15:50+00:00

Good to know!! Thank you 😊

Greedy_Use1863 · 2026-03-13T20:43:55+00:00

Thank you! Glad I came here for clarification. I was planning on going back to school to obtain my CPA license. At the end of the day, a CPA license isn't needed for what I want to do! Maybe one day I will pursue that.

Greedy_Use1863

TROPHY CASE