|
KEEP YOUR
NEW REO BROKER TURNKEY FILE UP-TO-DATE
List
of must-do's to keep your file in order
It is important to reconcile your QuickBooks Accounts to insure that you keep as error free as possible in QuickBooks. Our system, when used properly and reconciled, insures you track your REO reimbursements.
Reconciling and checking account balances will . . .
1) Insure you have a complete and accurate tax file at the end of the year.
2) Keep your reports of what is owed (A/R) up to date, and free of "old" data.
This old data could be unapplied deposits (because the asset co. didn't give you the property address) or unpaid receivables (you may have sold the property and will not get paid on some small balances).
What you need to do:
#1 - Reconcile all bank accounts monthly
#2 - Check all reports and properties for outstanding items that need to be cleared up
#3 - Print final, clean reports
You may use the help files to learn how to reconcile.
Or, a qualified QuickBooks(r) ProAdvisor can assist you. We can recommend a Pro-Advisor who is versed in our REO Broker Turnkey(r) system and specializes in remote support. Please give us a call for a free consultation referral to see if your REO Broker Turnkey(r) needs some fine tuning. Did you know, that most small businesses use a outside agency to reconcile and clean up their QB accounts? ProAdvisors go through extra QB certifications to learn all the ins-and-outs of QB that the rest of us just aren't familiar with on a day-to-day basis.
It is important to reconcile your QuickBooks Accounts to insure that you keep as error free as possible in QuickBooks. Our system, when used properly and reconciled, insures you track your REO reimbursements.
Reconciling and checking account balances will . . .
1) Insure you have a complete and accurate tax file at the end of the year.
2) Keep your reports of what is owed (A/R) up to date, and free of "old" data.
This old data could be unapplied deposits (because the asset co. didn't give you the property address) or unpaid receivables (you may have sold the property and will not get paid on some small balances).
What you need to do:
#1 - Reconcile all bank accounts monthly
#2 - Check all reports and properties for outstanding items that need to be cleared up
#3 - Print final, clean reports
You may use the help files to learn how to reconcile.
Or, a qualified QuickBooks(r) ProAdvisor can assist you. We can recommend a Pro-Advisor who is versed in our REO Broker Turnkey(r) system and specializes in remote support. Please give us a call for a free consultation referral to see if your REO Broker Turnkey(r) needs some fine tuning. Did you know, that most small businesses use a outside agency to reconcile and clean up their QB accounts? ProAdvisors go through extra QB certifications to learn all the ins-and-outs of QB that the rest of us just aren't familiar with on a day-to-day basis.
|
Enter supporting content here |