Wallace CPA Southlake, TX
QuickBooks is accounting software for tracking income, expenses and bank activity. Wallace CPA helps Southlake, TX businesses set up QuickBooks, train staff to use it, and clean up files with errors, so the books are ready for reports and the tax return.
Setup starts with how your business earns and spends money. We build a chart of accounts, connect bank accounts, enter opening balances and test with a few transactions. The aim is a file your tax preparer can use without rework. Ask us before you buy software or a plan.
Training depends on who uses the file. An owner may need to read reports. A staff member may need to enter invoices and bills. We teach the steps on your own file, so the lessons match your work. Explain what you need, and we will plan the session.
A cleanup reviews your file for errors, such as duplicate entries, uncategorized items and bank accounts that do not reconcile. We correct what we can, document the changes and tell you what to do differently. Cleanup usually comes before a tax return, a loan application or a move to a new bookkeeper.
The IRS says you may choose any recordkeeping system that clearly shows income and expenses. QuickBooks can do that when the file is kept up. See small business accounting and our guide to a bookkeeping routine.
Use the client portal or the secure file page. Large files are fine there. Please do not email a company file.
General information, not advice for your situation. Talk with a CPA about your own facts before you act.
Ask anything else: call (877) 682-1171.
Read the guideSmall business bookkeeping setup and a monthly routineOften yes. We review what exists, collect missing statements and correct entries. We will tell you what we need before we start.
Owners often benefit from learning to read their reports. We can tailor training to that.
It depends on your business. We can talk it through before you buy.
It may, because corrected books change the numbers. Your CPA will explain what changed.
Call the Southlake office and say what you need: a return, an IRS letter, your books or a new business. Have the notice or last year's return nearby if you have one.
