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Thomas Kim
Sep 20, 2023
Checklist for New Client
1) What are the most urgent and most important needs right now? Taxes: Does your Tax Preparer have everything they need? Audit: Is there...
Thomas Kim
Dec 12, 2022
How to add an View-Only User on Chase
Hello, it's Tommy! This shouldn't take more than 10 minutes but please do follow instructions carefully. We can also do this together on...
Thomas Kim
Oct 20, 2020
Due/To From Accounts - Thomas Kim from Tabular LLC
Due To/From (DTF) accounts are a great tool in a bookkeeper's tool bag, because it is very useful and it is very unique. But it is also...
Thomas Kim
Oct 20, 2020
Receive Payment vs Bank Deposit in QuickBooks - Thomas Kim from Tabular LLC
Money, money, money. So you got money coming in and I've seen this happen quite a few times where the person handling the QuickBooks,...
Thomas Kim
Oct 20, 2020
Featured Blog Post: Multi-Location Financials
This is one of my favorite kind of projects, because it requires a few different types of expertise. One is obviously accounting. You're...
Thomas Kim
Oct 1, 2020
Suspense Account for Credit Card Payments
Let's talk about suspense accounts for credit card payments. I recently came across this from a client of mine, and I wanted to share...
Thomas Kim
May 6, 2020
Why I Look at the Income Statement First
As a freelance bookkeeper, when I come across a new-to-me set of books, the very first thing I look at is the Proft and Loss Statement....
Thomas Kim
May 6, 2020
Are Financial Statements Worthless???
Whether it’s filing tax returns, seeking a loan, bringing on a new investor or partner, looking into selling the company entirely or...
Thomas Kim
May 6, 2020
What is Accrual Basis and Cash Basis?
This is a tricky one because sometimes I get lost on this and it takes me a minute to get my bearings. Simply put, it’s how you define...
Thomas Kim
May 6, 2020
CPA vs Bookkeeper: What is the Difference?
It's common knowledge that if you own a small business, you need a Certified Public Accountant (CPA) to handle and file your tax returns....
Thomas Kim
May 6, 2020
Quickbooks is Evil and I Love It!
Here are five reasons why Quickbooks is evil, all of which lead me to love it all the more! 1) Quickbooks is made to be approachable and...
Thomas Kim
May 6, 2020
What is the Chart of Accounts?
Chart of Accounts is one of my favorite parts in accounting and bookkeeping! It's just so important. I like to call it the Backbone of...
Thomas Kim
May 6, 2020
What is the Difference Between Balance Sheet and Income Statement?
Balance Sheet and Income Statement (also called the Profit and Loss Statement or P&L) make up a company’s Financial Statements or simply...
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