• Reconcile Your Books in COUNT

  Account reconciliation is a critical process that ensures the transactions recorded in your COUNT account align with actual financial events. Before you begin, have your bank statement ready for comparison. Steps to Reconcile Your Books: 1. Prepare for Reconciliation: Ensure that all transactions are entered into COUNT by connecting your bank account, uploading a statement, or manually adding transactions. 2. Create a Reconciliation Period: On the left-side menu, select AccounSome readers

• Review Your Transactions in COUNT

  Ensuring the accuracy of your transaction details is crucial for maintaining precise financial records. Marking a transaction as reviewed on the Transactions page in COUNT helps verify that all details are accurate and complete. Here's a guide on how to review your transactions effectively: Why Review Transactions? Marking transactions as reviewed allows you to confirm that all details, such as category and account fields, are correct. It's an essential step in maintaining accurate records,Few readers

• Bookkeep Undeposited Funds

  When you accept a check for an invoice payment but don’t deposit it until a later date, the payment should be recorded to an Undeposited Funds account. This ensures the invoice is marked as paid on the correct date, and your bank statement reconciles with the check deposit. For example, a client pays you by check on March 31, and you deposit the check on April 2. Although the invoice is marked as paid in March, by the time the check clears and posts to your bank account, it’s April. An UndeposFew readers

• Accounting year-end checklist

  Follow the steps below to get your books ready for tax filing with COUNT. Step 1: Enter All Your Business Transactions into COUNT Make sure all your business transactions are entered into COUNT. Users can connect bank and credit card accounts so transactions import automatically. Otherwise, you can upload a statement or manually enter all the transactions yourself via the Transactions page. Step 2: Categorize All Your Transactions First, find all your uncategorized transactions: OnFew readers