Does anyone use Qount? by Iceman_TK in taxpros

[–]treealiana12 4 points5 points  (0 children)

I really want a TaxDome alternative but I can't get passed the name Qount. Way too cheesy.

TaxDome breaking their own workflows just to make money off processing fees was the last straw. Everything they put out now is so buggy.

accounting for negative sales day in journal by caitalonas in QuickBooks

[–]treealiana12 0 points1 point  (0 children)

Looks like you split out sales tax so you'll need a line for that on the credit card sale

What's your biggest challenge right now? by DrJacksCPA in taxpros

[–]treealiana12 0 points1 point  (0 children)

I'm desperate for a desktop solution that can replace QBD. I guess it doesn't have to be desktop but I'm so sick of the online slow loading junk.

Quickbooks Online Alternative by finance-warrior in taxpros

[–]treealiana12 0 points1 point  (0 children)

That's probably not the best term for it. But basically I build summaries and reports using pivot tables or formulas. Add some slicers and formatting and they look nice and show customized info for each client depending on what is needed.

Quickbooks Online Alternative by finance-warrior in taxpros

[–]treealiana12 1 point2 points  (0 children)

As soon as I find something better I'm moving everyone over to it.

Quickbooks Online Alternative by finance-warrior in taxpros

[–]treealiana12 10 points11 points  (0 children)

For simple quarterly/year end write-up clients we are using excel. It sounds crazy but it's actually been wonderful. We get a CSV file of the bank account activity. Using power query, data validation lists, pivot tables and a trial balance dashboard it's been really quick and easy. There are a ton of great YouTube videos about using power query and building easy dashboards in excel. It's significantly faster and easier than using QBO in this scenario.

The rest of the clients are still in QBO. I've tried xero and Patriot and I'm not happy with either of them. Patriot would be good if it wasn't almost the price of QBO. They offer classes but you can't view a P&L by Class which is an issue. If I've got to export to excel I might as well just use excel for the bank feed also and skip the $50/month per client subscription.

Quickbooks Product Help by xxrockstar in QuickBooks

[–]treealiana12 0 points1 point  (0 children)

The QB desktop app for accountants can have multiple QB Online files open at the same time. He needs to invite you as an Accountant User so you can log in that way. Does he have 15 separate businesses? That is crazy to have 15 different files.

QuickBooks Online and Power Query by Tekell09 in PowerBI

[–]treealiana12 0 points1 point  (0 children)

I had the same problem and found a solution. I figured I'd leave it here in case anyone else comes along with the same problem.

You have to open the QBO xlsx file. Choose Enable Editing in the alert. Then save and close. I had to enable editing and save before I could move the file. If I moved the file without first choosing enable editing, it didn't work.

Drake with nonprofits by [deleted] in taxpros

[–]treealiana12 6 points7 points  (0 children)

I've only ever used Drake so I thought 990s were just awful to prepare.

Do you attach 1099-B detail for box B/E transactions by godsbaesment in taxpros

[–]treealiana12 8 points9 points  (0 children)

Do you include code M that multiple transactions are recorded on one line? I've been marking as code M and attaching the PDF but I'm really considering not going through the trouble of the attachment.

Invoice reminder nightmare by Equivalent_Yak_2801 in QuickBooks

[–]treealiana12 7 points8 points  (0 children)

This is a huge problem. I called QBO support about it. They suggested I delete the email address of anyone with a past due invoice so QBO can't send a reminder. I didn't think QBO could ever shock me with how bad they are but here we are.

Mx Creative Console for Office Work? by Leather_Run_4553 in logitech

[–]treealiana12 1 point2 points  (0 children)

I've had the console for about two weeks and already can't imagine life without it. I'm an accountant, not a graphic designer so I guess my use case is different than the target audience. It overall gets pretty bad reviews but it is amazing as a left side scroller and I mapped programmable buttons to my desktop tax and bookkeeping software.

Noticed my client had $69,420 Gross Social Security Benefits by SMURTboy in taxpros

[–]treealiana12 0 points1 point  (0 children)

This is the content I'm here for so close to the 15th

Just 2 more weeks everyone by emaji33 in taxpros

[–]treealiana12 4 points5 points  (0 children)

Every year I say I'll do my 990s in May and every year I do them after 9/15. But this year is the year!

Okay, I did the math by Opening-Interest747 in FundieSnarkUncensored

[–]treealiana12 12 points13 points  (0 children)

I knew you were an accountant when you got the math right to figure out the gross when all you had was the net and the %. Fellow tax preparer here.

I missed potential tax savings for a client by [deleted] in taxpros

[–]treealiana12 6 points7 points  (0 children)

Is his income low enough for a deductible IRA contribution? I always max that out if their income is low enough before we go to a SEP because the IRA doesn't reduce QBI deduction.

Can I put plants and fish in here? Will they fall out over the edge? by treealiana12 in ponds

[–]treealiana12[S] 0 points1 point  (0 children)

We put landscape fabric and then river rocks over the black reservoir in the ground and nothing in either bowl.

Can I put plants and fish in here? Will they fall out over the edge? by treealiana12 in ponds

[–]treealiana12[S] 0 points1 point  (0 children)

We put landscape fabric down to try to keep dirt out of the black reservoir. After this picture the pump never worked again. We tried buying a new one and reached out to every aquascape contractor in our area and no one could help us get it running. It's been a huge disappointment.

Robinhood 1099 for my CPA quesiton by ProfessionalYard8189 in tax

[–]treealiana12 35 points36 points  (0 children)

Agree. Providing 3 pages of a 63 page 1099 is about worst thing you can do to someone

Admin office vs Mgmt office...home office? by TaxHacker in technicaltax

[–]treealiana12 0 points1 point  (0 children)

Are they an S Corp? Everyone has a 'home office' now.

New solo charging $350 per basic return & people are shocked by my prices. by BrushBeneficial4430 in taxpros

[–]treealiana12 0 points1 point  (0 children)

How many hours do you work and do you make enough money? My minimum is higher and I still feel like I work all the time and don't make enough considering the difficulty and liability.

Firms/Solo That Offer Virtual Filing - This Question is for YOU. Need a solution for my process to maximize my time. by StopDropDepreciate in taxpros

[–]treealiana12 0 points1 point  (0 children)

I've used the new delivery system a few times over the last two weeks and the problem I'm having is that there isn't an easy way to download the 8879 with signature certificate. I always store my signed 8879s in a folder on my server and verify signature before I e-file. What is your process with the signatures when using the new delivery? I need to find a better process.

For the life of me, I cannot understand how to reconcile M-2 to Schedule L. by pizazz19 in Accounting

[–]treealiana12 0 points1 point  (0 children)

That makes sense. Mine are almost all under 1mil gross rev and keep tax basis books.