This workshop has been thoughtfully prepared and recorded – and you can access it immediately. Upon purchase, you’ll receive a link to download a pdf document that gives you immediate access to both the online recording and handouts.
Basic Deposits & Bank Draws and Loans:
Getting Incoming Funds Into the Right Places
Approximately 16 minutes:
- 10 Things to know about the Make Deposits screen
- When should you not go directly to the Make Deposits screen? 3 scenarios…
- 8 examples of when you should go directly to the Make Deposits screen…
- Bank draws:
- Are they income earned or loan increases?
- What to do when loan increases don’t equal the amount received…
- Has a lender paid a vendor on your behalf?
- Matching bank loan statements to your books
Note: More info on matching bank draws to bank statements in: How to Check
the Accuracy of Your Accounts Payable & Credit Cards (4005/Level 2)
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Covering topics like:
Job-Costing, Construction Accounting, and Profit-Building