Sheri Allshouse is back to share a few commonly overlooked financial accounts that could be costing you money. Sheri is a CPA with an expertise in home building and construction. Her firm is The Allshouse Group in Houston, Texas.
If you missed Episode 8: Common Tax Questons with Sheri, be sure to check it out!
And finally, if you want The Allshouse Group’s financial checklist, they have generously offered it to our listeners for free. Please email Avi at AvirieF@AllshouseGRP.com. In the subject line, please write “Building Optimal – QB Check List.”
[3:30] – Reconciling bank statements.
[10:05] – Reconciling credit cards.
[15:00] – Considerations for accounts payable and receivable.
[23:40] – Considerations with the inventory account.
[24:50] – Customer deposits.
[31:06] – Classifying contracts.