Accounting Method Questions

I have a multi-member LLC and we elected to go the mileage route instead of actual auto expenses. Can we enter mileage as it incurs each week as an expense on our books? Or do we have to track...

LLC Accounting Bookkeeping Accounting Method Small Business

asked Aug 29 '17 at 02:56

MissQB
1 point

I am part of an LLC with multiple members. We have multiple revenue streams, and expenses that are shared across the revenue streams. One revenue stream is suppose to be split 50% to the person...

LLC Accounting Method Profit Sharing

asked Aug 1 '12 at 05:28

Steven Holcombe
1 point

I run a small limited company in the UK which requires very simple bookkeeping. The company sales online services (internet apps) and the only costs the company have are: domain and...

UK Accounting Method Currency Ltd

asked Feb 12 '12 at 22:58

Lukeshek
452 points

I am developing a website where users will be able to transfer money to their account on the website. They'll eventually be spending some money and withdrawing money back into their accounts...

Research Website Accounting Method Merchant Account

asked Dec 13 '11 at 14:28

Jon F
144 points

First, my apoligies if I'm on the wrong board. Please point me to the right site. I have a 1 person S-Corp in California and use Paychex for the payroll. I simply want to enter the data into...

Accounting Bookkeeping Accounting Method Payroll

asked Feb 15 '11 at 02:44

Dave
160 points

I'm operating a startup in its 1st year. This year's sales from consulting services is very good but the pipeline for next financial year is very very weak. My question is, legally, can I delay...

Finance Tax Accounting Accounting Method

asked Oct 10 '10 at 06:43

User4737
26 points

I just started my first business. I’m debating on whether to go with cash-basis accounting or accrual accounting. From what I’ve read it seems that cash-basis is the easier method, but accrual is...

LLC Accounting Accounting Method

asked Mar 27 '10 at 13:54

Zuly Gonzalez
9,194 points