Bookkeeping is the process to maintain the financial records of a company. It is the systematic method of keeping the fiscal and economic records of a business organization. The entire procedure of this service consists of the usage of great deal of effort, time and resources. Bookkeeping outsourcing New York is growing at a vast scale and many companies are keenly looking for this. Today bookkeeping outsourcing has seen a huge surge in demand. For this huge demand, many companies are available in the market to fulfill your requirements. This special service unfurls the practice of handling various business related activities in less money and in less time as well. For an organization whether it is small or big in size, bookkeeping outsourcing services will prove profitable from business point of view. It relieves the business persons the from the work load pressure.

A company can save lots of revenues by hiring the bookkeeping outsourcing services. It will put a big cost on the business if the owners are keeping a separate department for their own needs. It can definitely save dollars for them if they hire this service and then they can also use the saved money for the expansion plan of their company. Basically small organization tries to handle their bookkeeping department themselves. This is false notion in their mind. It will cost them much because for this they will have to hire trained professionals and precisely the trained person will demand big money for the work. So, from the growth and economy point, the small companies must hire the services from a bookkeeping service provider. This service aspires at maximizing the profits of your firm.

Bookkeeping outsourcing can be handed over to a third party who will do your work in the given period of time. The vendor will complete the work on time, consideration the quality needed for your work. The entire process of bookkeeping has become simple and cost-effective since the outsourcing services came into being. Traditionally bookkeeping has been done by accountants and accounting companies and today it has came a long way in providing the quality of the work. Accounts are very important part of a business and it has to be kept properly maintained in the database for their use in future. If you want your business to survive, you must keep the accounts records safely and accurately. The fundamental aspects of bookkeeping outsourcing is the production of balance sheet, maintenance and transactions of ledger, data entry bookkeeping, single entry bookkeeping, double entry bookkeeping, commercial bookkeeping, one-write systems, Computerized systems etc.

In today’s rapid and vast world of technology, bookkeeping services are also available online. You can get the online services for the bookkeeping of your company. You will not have to worry for the quality of your service and the time is also considered. It is for the benefit of both the firm along with the service provider. Bookkeeping is an important business tool that helps your business in running smoothly and successfully. It gives you a clear view of the income and the expenses along with the performance of your own company. These information are very important for you for filling the tax returns. The business owner must keep in mind that the services he is going to hire must be taken from a reputed firm so that you can relieve of the quality of the service and the security of your data.

Michelle Barkley is a CPA working for Ifrworld. She specializes in Bookkeeping outsourcing, Accounting outsourcing, Back office outsourcing and Tax returns outsourcing.To know more about Accounting outsourcing services, Accounting business outsource process, Bookkeeping New York Outsourcing visit http://www.ifrworld.com

If you have found a new Accountancy Job and you need to resign from your current role, then these few words of advice should help you. Resigning is daunting and there are right and wrong ways of going about this. So, what is the best way of resigning and what should you do?

Firstly, you need to submit a written resignation to your manager. This removes any confusion and the company then has something on record. Within the statement you must say that you have decided to resign, show your thanks for working with them, state the final date of your employment and that you would be happy to work up until the day you leave.

When you take your written resignation to your manager, you need to orally resign to them. Be prepared for any kind of reaction, surprise, anger etc and be prepared for a counter offer to make you try to stay. You are not doing something wrong by resigning, so remain confident and positive at all times.

Why are you leaving your current accountancy job? Ensure you tell your colleagues and your boss the same reason, as you do not want this coming back to haunt you. If you tell your boss one reason and they find out the ‘real’ reason, you will seen to be a liar and it could affect your reference. Even if you really detest your current boss or your current accountancy role, try to remain professional with your reasons for leaving, as references can be invaluable for the future. You do not want to leave any negative feelings behind.

Finally, it is important that you are motivated and keen to work right up until the day you leave your current role. This will again ensure you do not upset your boss and means your references will be good when applying for other Accountancy Jobs.

Sample resignation letter

Dear (employers name),

I am writing to give (notice period on your contract) notice on my employment with (company name). Thank you very much for the opportunity to work with you all at (company name) which I have thoroughly enjoyed. I will ensure that I assist you to the best of my ability right up until my last day of employment. I would like to wish you all the best for the future.

Your Sincerely,
(your name)

Other articles published by Corinne Dauncey about accountant jobs sites.

The author writes commentaries about the accounting and finance jobs.

For more information about please visit theaccountancyjob.com/.

In every business organization, accouting business outsource process plays an important role. Accounting is one such department which every company has to maintain. This area keeps changing year after year and so every company has to keep up with the changes in it. For this, you have to manage your book records till you finish up paying taxes for a financial year and again keep it safely for future reference. Every company dreams to prosper well in its business and for this they have to struggle hard to survive longer by bringing perfection in their every work. Today, there is intense competition in the business world and every company is looking for the unique strategies that can make them successful. For this, they make cost cut plans and invest the saved money in the growth plans of the company.

It is evident that accounting is a critical module of every business and so it needs special care for its maintainence.A highly qualified and skilled accounts professional with depth knowledge can handle the work very efficiently of accounts business outsource process. The accounting task includes treasury back-office services, bookkeeping, general ledger, tax computation and filing, data entry, spreadsheet and many others. These tasks have to be done very carefully and you also have to yourself updated with every change in the tax code. A survey reveals that the accounting business outsource process is expected to have a yearly growth rate more than 8% by 2008 and all financial and accounting services companies are leading the way. Before finalizing a company that will outsource your work, you need to check some measures. You must look for the track record of the company that will outsource your work before transferring your work to them.

More over, if a company has in-house employees for its accounting task, then it can prove costly for them. In such a case, the most successful strategy can be to outsource the complete accounting process. It will save a big range of your revenue along with the best quality work in less time. The increasing amount of work pressure on account businesses has recognized a special place for its work and that is outsourcing. Be it accounting or any kind of business or work, outsourcing is becoming successful in solving various kinds of problems by giving your entire work to a company who can efficiently handle your work on your behalf. Accounting business outsource process is meant to transfer your entire workload regarding the maintenance of accounts. By this, you will not have to hire professionals and establish a separate department.

Accounting business outsource process will save a lot of precious time of your company. The saved money can be utilized properly by investing for the growth plans. When you are outsourcing your accounting work, then there is enough time left with you to take care of your marketing division, sales, production and any other that you deal with. India is one of the most desired company where the outsourcing work is done very efficiently. The work done by them are filled with quality, accuracy along with complete professionalism. The global market for finance and accounting business outsource process is likely to grow at 9.6% annually and will exceed $47.6 billion by the year end 2008.This figure shows that accounting outsourcing business is booming. Many more companies are looking for this strategy as it will certainly save lots of their revenue.

Michelle Barkley is a CPA working for Ifrworld.She specializes in Bookkeeping outsourcing,Accounting outsourcing,Back office outsourcing and Tax returns outsourcing.To know more about Accounting outsourcing services,Accounting business outsource process visit http://www.ifrworld.com

You now have your own business and it is flourishing! What a wonderful time in your life! Maybe you started your business using the pencil and paper accounting that you learned in high school or even college. Maybe you have really moved into the computer age and you have an Excel spreadsheet that you have created. When your business is really flourishing is the time that you need to realize that it is also the prime opportunity to rethink how you are controlling your finances?

Now is the perfect time that to look into accounting software; but more appropriate it is time to find the right software package to meet your businesses growing fiscal demands. This is the prime opportunity to evaluate whether your business is one that requires more records than just income and expenses. If you are required to track more than income and expenses then it is time to invest in a software package.

Here are some other considerations that you must take into account:

• Do you have more than fifty transactions in a month?

• Do you have customers that you extend credit?

• Are you incorporated?

• Are you computer literate or is one of your family members computer literate?

• Are you spending a lot of money on a bookkeeper that is still using the old pencil and paper method or an antiquated computer program?

• Do you need to:
o Show that you are making a profit or not making a profit?
o Write checks or write checks to the same people or companies month after month?
o Download financial information from your bank?
o Print invoices?
o Track receivables?
o Prepare your annual financial statements?
o Prepare taxes?

If you have answered yes to one or all of these questions, then it is time to look at accounting software. Good accounting software can help you with all of the considerations that were listed above.

At this point you may want to talk with your accountant. Your accountant may be able to suggest accounting software or may suggest that it would be less expensive for you to use the same software that they use. This in turn will make tax preparation as well as tracking expenditures and income with fewer errors.

You may also want to do further research into software and software products as you may find that you are able to download a demonstration disc at a less expensive price. Remember that when you are able to afford an accounting package, it will more than pay for itself.

Leslie Arnold is a certified teacher and entrepreneur who writes articles on the topic of business and accounting. For a wealth of information about acne, please check out this site:
http://larnoldnetworks.com/accounting/how-to-choose-the-right-accounting-software-for.html

What is a business owner to do? You have had a successful year and have profits to report. There are some tax strategies that are standard and beneficial and that do not create problems for your bank. There are others that do create problems and I will describe for you in a simple way what the effect is.

Banks operate in a highly regulated system where they must conform to the standards of the regulatory bodies. These standards require them to assess risk in a pretty standard way, relying on financial statements prepared by the borrower or an accountant. So a bank will create a Loan Grading System or Policy which conforms to those requirements.

The three major factors in assessing loan risk are: Cash Flow, Liquidity and Leverage. Trends in these factors are important as well.

Cash Flow is calculated in a simple way and then there are more complex ways to calculate cash flow. We will only discuss the simple way. A bank will determine “Cash Flow Available for Debt Service” according to this formula. Pretax Net Income, plus Depreciation Expense, Plus Interest Expense, less Federal Income Taxes or in the case of different business types, Owner Withdrawals (required to pay income taxes personally on the business income).

This Cash Flow will then be compared to the Annual Debt Service of the business to calculate a Debt Service Coverage ratio. Normally a bank will want a minimum of 1.2:1. If this is the case and the balance sheet is healthy the loan will be considered a “Pass” and the bank will not be required to set aside additional Capital or Loan Loss Reserves against that loan. If the Debt Service Coverage is less than 1:1 the loan will often be “Classified” and will become a problem for the bank.

In more sophisticated grading systems the better the financial ratios, the better the risk grade even within “Pass” categories. The bank will be able to set aside less capital against these loans and will therefore be able to price them lower and earn the same Return on Equity.

There is no problem when a business owner uses accelerated depreciation to reduce Net Income and lower the tax burden. The problems for the bank crop up when the owner decides to:

1. Pay high salaries or bonuses at year end to reduce net income
2. Write off inventory or accounts receivable that are still collectable in order to reduce net income
3. Not report revenues at year and and carry them over into the following year by not depositing checks that have come in.
4 Prepaying expenses for the following year without accruing them as an asset (Prepaids)
5. Otherwise make accounting entries to reduce Net Income to a level that is not reflective of the true economic performance of the business.

Some of these strategies may create problems with the IRS at some future date as well.

The impact on the bank is that the Cash Flow Available For Debt Service number will drop suddenly (compared to interim statements), the Debt Service Coverage Ratio may go negative, and the Trends will be negative. The borrower may lose access to credit or have to borrow on more restrictive or more expensive terms. This may restrict the growth prospects of the business and create an Opportunity Cost that is greater than the tax savings. It will also impact the relationship with the bank and banker.

These same strategies can have a negative impact on the Balance Sheet and create similar issues. Liquidity can be understated if assets are no reported. Leverage will increase. Collateral values can be under reported and can create problems with a Borrowing Base or a Loan to Value ratio.

Once again these balance sheet impacts may cause a bank to assess higher risk to the credit and reduce the availability of loan funds or increase borrowing costs or restrictions.

My bottom line advice is this, before employing some of these tax strategies determine what their impact will be on your reported cash flow. Talk to your banker in addition to your accountant. Determine what your future borrowing needs might be and how these might impact a loan application. Here is a critical point. The bank will generally use your historical cash flow and will compare it to your future debt service. So when you are going to apply for new debt, the Debt Service used in the denominator of the formula will include that debt. It will be compared to your historical cash flow. So while you may have had an acceptable Debt Service Coverage ratio based on your current debt, when you add the new debt service it is below the bank’s standards and you may either be denied, your borrowing rates may go up, or more restrictions may be added as conditions of the loan.

Author has 23 years on commercial banking and has served as president of a bank, loan approver for large commercial loans, and regional manager for commercial banking for a major US bank.

Outsourcing is a business process through which one can handle their excess workload without too much of a hassle. Each business has specific requirements and that is why specific work must be done in the direction of achieving those results and goals. Setting deadlines is not only a necessity, but priority for all business undertakings and business owners must take special care of this aspect. Accounting outsourcing is a simple method through which business owners can take care of all their business needs. Mostly business owners are not people who can take care of the accounting and financial aspect of their business. So in such a scenario the best thing which one can do is opt for accounting outsourcing, a business process which will benefit them.

Undertaking any method that is new will not be a difficult task, if you gather all the knowledge regarding the process. So this means that you must do proper homework and research on accounting outsourcing as a business process. The web is the best source for gathering information of any kind and accounting outsourcing is no different from the other methods. Read about the news reports that you can find about the whole process of accounting outsourcing and you can find a clear picture of the going ons in the market. Find out all the statistics that you can about the whole process of accounting outsourcing and see what the success rate of success is.

So now that you have all the knowledge about the process and also know how well the process is doing, undoubtedly you will want to adopt the process for your business. Your next task is to find out an accounting outsourcing company that will handle your work and help you get the best business results. There are many companies that are working towards providing accounting outsourcing and finding out the best company among the lot can be a tough task. Find out the testimonials of the company given by customers who had used the services before. You can know the kind of work which they have done and then decide if the company is worthy of being handled over your accounting outsourcing work or not.

This is your business and you have to take this crucial decision. One more thing which you can do is talk to anyone that you know personally who have undertaken the work. You can talk to them about the entire process and the kind of work which have been done for their business. Accounting outsourcing is a sensitive work and this is the reason why you must make sure that you hire the services of the best companies that are operating. Accounting outsourcing will be beneficial for your business in more then one way. First you will get to save huge amounts of money; in fact this can be an unbelievable amount as your work will be accomplished at a much lower cost then what you pay to get the same work done by professionals in house. That is not all you can free up the workload of your employees and use this resource to focus on other core sectors of your business.

Allies Harbor is a writer for http://www.ifrstaffing.com - IFR Staffing offers services for Accounting outsourcing, Business Process Outsourcing,India outsourcing accounting. You can have benefits of SEO outsourcing India,Outsourcing SEO Services.

Accountants are the keepers of the standards. They are the ones who make sure that when we look at a financial statement, we can be reasonably that it was built using sound accounting practices and that it is comparable to other audited financial statements for other companies.

That sounds like a daunting task, but never fear. The accounting professional is in business to help you through all this.

The accounting profession is self-regulated. They decide the most appropriate way to record company activity on the financial books of record. They do this through an august board of seasoned professionals, the Accounting Practices Board of the American Institute of Certified Public Accountants (AICPA). This group defines what is known as “Generally Accepted Accounting Principals” or GAAP, which all public accountants must adhere to on behalf of all their clients.

The process used to introduce new GAAP or change old GAAP is beyond the scope of this paper, but it is a lengthy process with plenty of review opportunities for all CPAs and business people.

THE PURPOSE OF GAAP

The main purpose of having GAAP is to assure consistency in accounting practices, not only within a company, but across all regulated companies. The SEC requires all publicly held companies to be audited at least annually by a Certified Public Accountant (CPA). The CPA assures the stockholders that they can count on the financial information from the company, because it is in compliance with GAAP.

By preparing all financial information according to GAAP,

• Management can depend on the records and make course corrections for their individual departments or the company as a whole for the betterment of the company.

• Investors and lenders can make sound decisions based on the financial records of the company.

• Stockholders and prospective stockholders get an accurate picture of the company’s financial health.

• Stock can be valued fairly on the market

• Deceptive, unfair and even criminal practices are minimized.

PRIMARY PRINCIPLES

The following are some of the primary principles upon which GAAP is built. This is, by no means, a complete description of GAAP, which is very detailed and takes much study to become expert at, but it shows the abiding purpose behind all that detail.

1. Historical Cost Principle: In general, the value of a company’s assets is the original cost of those assets less suitable depreciation or amortization. This keeps companies from stating their assets at market value, which is not only difficult to ascertain, but very subjective in nature. Historical cost provides the actual cost which is very objective.

2. Revenue Recognition Principal: This simply states that revenue is recognized when it is earned, which may be a different time than it is received. For example, if your company provides a service at the end of December, but you customer doesn’t pay you until January of the following year, your December revenue total will include that amount. January will not, even though that is the month in which you deposited the payment.

3. Full Disclosure Principle: Any information, whether or not strictly financial, that is relevant to the business and may have a future impact, must be disclosed. All transactions must be posted, of course. But even further, this principle provides for disclosure of contingencies. For example, if your company is being sued, the lawsuit must be analyzed for expected chance of loss. This contingency must be disclosed in a footnote of the financial statements. This is to prevent a loan officer or investor from not knowing this possibly impacting information when making decisions regarding investments in or loans to the company.

4. Matching Principle: Put simply, revenue must be matched to the expenses that helped to create it. This is why you have accruals and deferrals. The expenses associated with earning revenue for this period must also appear in this period.

GAAP ASSUMPTIONS

GAAP assumes the following:

1. Going Concern Assumption: The company or entity is a “going concern” and is not likely to end operations in the current year. It is expected to remain in business for the foreseeable future. Any exceptions to this assumption must be disclosed.

2. Economic Entity Assumption: The company is an independent entity and is separate from it’s owners.

3. Monetary Unit Assumption: The currency used to measure the entity’s financial performance is stable.

4. Periodic Reporting Assumption: Business operations are reported on a regular basis, usually annually. The fiscal year doesn’t have to be the same as the calendar year. This is usually set according to the business cycle for the particular company.

Using Generally Accepted Accounting Principles is necessary for all business entities. But you needn’t become a GAAP expert yourself. Hire a good accountant. A CPA may be necessary if your company is publicly held, or for loan or business venture requirements.

Michael Russell

Your Independent guide to Accounting

If you’ve read any of my other marketing articles you’ll know that I believe that one of the key foundations of a strong business is to have “good clients”. From a small business perspective Accountants come high on my list of the type of companies who make good clients.

So, what it it about accountants that tends to make them good clients? Before I get in to the positives, let me just mention the two great weakness that accountants have as business people. They tend to look back rather than forwards. This is probably because of the way they’re trained. They deal with accounts which are always in the past. They look at the patterns of the past to work out what went wrong and then try to correct errors to create a more profitable future.

The other negative point about accountants is that they tend to be “risk averse.” Yet many small businesses need to take risks in order to move forwards. Sometimes we need to stretch our finances beyond reasonable limits, and accountants don’t like taking such risks.

Having said all that I still believe that on the whole accountants make good clients. The reasons are that they tend to operate very stable businesses. They are logical and can see the benefits in practical business techniques. They are intelligent and often reasonably creative and open to ideas.

Above all they are interested in business, in growth and in profit. It is their interest in growth and profit that makes them open to good ideas for growing their businesses.

When you’re selling to accountants you need a good idea the benefits of which are clear for all to see. Then you must have some really strong logic or evidence that what you’re recommending is likely to work. Accountants are practical people who believe in concrete “evidence” and not in “airy-fairy” ideas.

Present your case well, with good projections of the likely benefits when it’s implemented and you will find an accountant is paying close attention to what you say. They will ask you intelligent questions. And, once they decide that you’re proposal has merit they will adopt it and support it with a level of resources that it likely to achieve ultimate success.

My advice to anyone seeking to build a strong business is to have an accountancy practice in their client portfolio.

Do a good job for an accountant and they have a lot of clients to whom they can recommend your services.

Marketing Expert David Ferrers has one objective - “to transform your business into a gold mine. To ensure your profitability and success by working closely with you to build a strong portfolio of GOOD clients. The proof that I can do this is my personal client portfolio which includes: GM, J&J, Dell, Xerox, Prudential and P&O, plus many smaller companies. I’ll tell you how I blasted my way into these corporations. Together we’ll use the same techniques to build your business. I reveal my secrets to members of my reasonably priced Marketing Club. As a Club Member you’ll get a business building video every week. Plus, for a limited period, you’ll have the opportunity to attend online profit creating seminars and even to receive private coaching which is guaranteed to grow your business. Join today and I’ll immediately give you a FREE Bonus that can expand your business in just 7 days.”

Every accounting system measures cash, deferrals and accruals according to Generally Accepted Accounting Standards. Every accounting system outputs various statements and reports that show the financial health of the company at a point in time. Law, investors and common sense usually require this. But does your accounting system give you the kind of Key Performance Indicators (KPIs) that you need to insure your business is one to take pride in?

KPIs – A BEGINNER’S LIST

Do you have a KPI list? Every business is different and therefore, different KPIs are important to each. In choosing the KPIs you want to monitor, cast a wide net. Choose all that you think may be appropriate. Eventually, as you gain experience monitoring them and seeing how each relates to your overall business picture, you may weed some out as not relevant.

Here are some monthly KPIs every small business should consider monitoring:

• Count and approximate amount of leads • Count and amount of sales • Profitability per product • Number of telephone sales made • Marketing expenses • Count and amount of outstanding opportunities • Referrals gained • Testimonials received • Number of sales calls per sales rep • Customer complaints • Standard cash flow report • Debtors’ report • Creditors’ report

These items are then distributed to key personnel for evaluation. Management gets together monthly to discuss them and brainstorm on ways to improve their numbers. They note any standard symptoms that lead to lack of business success and take measures to correct them and avoid them in the future. The following are some common symptoms ones to watch out for through the use of your KPIs.

PROBLEMS TO BE AVOIDED WITH GOOD KPIs

Less than 10% of opportunities are converted to sales. Do you have leads that are not followed up on, or worse yet, not followed up on adequately? Depending on the source, a lead can be one of your best opportunities for a sale. Study your leads before they are contacted. What are they looking for? Let that guide your initial discussions with them.

You have a product that has been loosing money consistently. Surprisingly, this is a common problem. When companies don’t look at products individually in terms of their costs vs. their revenues, they are doing themselves a big disservice. In fact, you can have a product that makes you more revenue than any other product, but if you’re spending more to make and market it than your receive in sales, it’s still best to ditch it, or at least find a way to reduce costs. You can’t make these determinations without good product profitability reports.

The sale team is not following your defined sales processes. This could have a number of consequences, not the least of which is that you can’t count on your accounting and management reports to accurately reflect what is actually happening in the company. You must always know what your sales team is doing and how they are doing it. Remember that they represent you. For legal and financial purposes, they ARE you!

Communications failures between individuals and departments are frequent. This can result in lost income and/or increased costs; neither of which should be tolerated. Don’t let your business fail because one hand doesn’t know what the other is doing.

There is no consistent pricing being used. This must be standardized, usually as a legal requirement. It is illegal to discriminate by giving one customer a better price than another for substantially the same product or service.

Customer complaints are on the rise, always a significant indicator that something in your organization has gone awry. Do the complaints indicate a problem in a pinpointed area of the sales or receivables cycle? Pin it down, analyze it and correct the process to prevent future recurrences.

There is no process to evaluate customer satisfaction. If you don’t know what your customers think of you, find out! There are many ways to do this. You should have some type of regular communication with them. Try a newsletter which encourages customer comments. Or perhaps you could send out a survey periodically to gauge their satisfaction.

There is no process to gather customer referrals. If your customers are very happy, encourage them to spread the word. Your best customers’ recommendations are another excellent source for new leads. Ask them to recommend you. It couldn’t hurt!

SUMMARY

It is the responsibility of every business owner to ensure the business is performing efficiently and especially, profitably! Key Performance Indicators can be a big help in this duty and can usually be integrated into a good accounting system to produce necessary management reports on a monthly or faster basis.

Michael Russell
Your Independent guide to Accounting

Confused about sales and use taxes? Did you know that the Board of Equalization offers free classes in San Marcos, California, to help you learn about sales and use tax return preparation?

Live, Instructor Led Courses in San Marcos, California

Two courses are offered. One is called the Basic Sales and Use Tax Seminar. This is a live, instructor led course, and it’s designed to cover the following topics:

• Preparation of a sales and use tax return

• Supporting and reporting sales exempt from sales and use tax
• Using a resale certificate
• Determining the difference between taxable labor, and non-taxable labor
• How to maintain adaquate records

Courses are offered once a month and are in English. About two hours long, they are usually on Wednesday evenings at 6pm.

The second course offered is called the Sales and Use Tax Return Preparation Class. This is also a live, instructor led course. In this class, the instructor assists the participants in preparing a sales and use tax return. In fact, participants are encouraged to bring their own sales and use tax return, along with any supporting documentation. This course is offered several times per quarter. It lasts about one hour, is in English, and is usually on a weekday at either 10am or 2pm.

The San Marcos courses are offered at this location:

San Marcos Branch Office
334 Via Vera Cruz, Suite 107
San Marcos, CA 92078-2637

Call the San Marcos Branch Office for more information: (760) 510-5850

Not near San Marcos, California?

The Board of Equalization offers these same classes throughout the state. To search for a class near you, click here to access the online database of all classes offered.

Online Course Offered

In addition to the live, instructor led courses, the Board of Equalization also offers an Online Tutorial for Sales and Use Tax. The course is designed to illustrate some commonly encountered tax concepts. It consists of six lessons:

1. Common Definitions
2. General Information
3. Exemptions and Deductions
4. Sample Sales and Use Tax Return
5. E-Filing
6. Services Available

Quiz Questions are given, as well as the solution to the Sales and Use Tax Return. This is a very quick moving, pdf based course, with active hyperlinks throughout to make navigation quite easy. Click below to access the course:

Online Tutorial for Sales and Use Tax

About the Author: Jennifer A. Thieme is a Certified QuickBooks ProAdvisor who loves to write about accounting, tax, and QuickBooks issues. She brings unique insight, clear instructions, and over ten years of experience to all of her business articles. Owner of Solid Rock Accounting Services, Jennifer’s clients enjoy these same benefits on a personal and regular basis. You can too - visit http://www.jenniferthieme.com and contact Jennifer today.