Each year we need financial reports to prepare business tax returns.
- Many clients send QuickBooks backups so we can print their necessary reports.
- Some clients choose to send the reports instead of a backup as outlined below.
Reports > Company & Financial > Profit & Loss Standard
Reports > Company & Financial > Balance Sheet Standard
Balance Sheet Standard: Total Fixed Assets
If your Balance Sheet contains a Total Fixed Assets line, double-click the amount to generate your fixed asset listing.
Reports > Employees & Payroll > Payroll Summary
- If your business do not use payroll, this section does not apply to you.
- If you use another payroll provider, send us copies of the W3 and all W2 forms.
Report Basis: Cash or Accrual?
Most business use Cash Basis reporting. If however your reports show different totals for Cash and Accrual, send us a copy of both report bases to be certain.
If you are currently a Sterling Accounting client, and this information does not help you provide the necessary reports from your QuickBooks company file, contact us for assistance.