19 creating sales receipts

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Creating Sales Receipts Creating Refund Receipts Adding Customers - data/ Adding Product Information - information/ Taxes The tax section contains a guide which will help Classic Gentleman with their payroll. Payroll Expenses The expense section contains guides for creating bills, expense reports and printing checks. Creating Bills - related-reports/ Printing Checks Insights The team has created a guide for the client to be able to customize reports and email. Customizing Reports - reports 20
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Customizing Emails - reports/ Standard Operating Procedure for Bookkeeping and Accounting Now that the team has provided recommendations for the client to use QuickBooks, standard operating procedures will be created for the employees of Classic Gentleman to use. Standard operating procedures help employees and workers perform complex tasks like bookkeeping and accounting. The team will create SOPs for quality control and compliance. Quality Control A standard operating procedure that emphasizes quality control is crucial in bookkeeping and accounting. Quality control procedures provide more accurate results for bookkeeping, leading to more accurate financial reports. This leads to less distorted financial projections, allowing the owners of Classic Gentleman to make correct business decisions. (Appendix A) Compliance As stated earlier, proper bookkeeping and accounting is required by United States law. Given this, the team has decided to create a standard operating procedure for bookkeeping compliance. (Appendix A). Conclusion Bookkeeping and accounting are usually overseen in many businesses. However, as stated earlier, the two business processes are crucial in the success of any business. Bookkeeping and accounting provide employees and managers to see the financial picture and health of their 21
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company. Poor recording practices lead to distorted financial pictures which will lead to wrong business decisions. The team has implemented and recommended the necessary bookkeeping techniques for Classic Gentleman and its owners to use within their business. By implementing these recommendations, Classic Gentleman will have accurate bookkeeping and accounting records, allowing the owners to be able to make accurate business decisions.
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  • Spring '17
  • Trisha Miller
  • Accounting software, Comparison of accounting software, Classic Gentleman

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