We warned you in the last article, but now it’s time to meet Joe Payne…
November 18, 2011
Woody started a very successful Widget business earlier this year. He was the best Widget maker in town, and business was booming. Things couldn’t be better. He decided to cut his overhead costs by doing his own bookkeeping. He went out and bought QuickBooks, and made an honest attempt to keep his books up to date. After all, the software would do all the bookkeeping for him.
Then, he ran into……. Joe Payne.
Woody had been so busy with the business, his books were behind over six months;
He had set up his QuickBooks totally wrong, so his items were going to the wrong accounts;
He had no idea what his Balance Sheet was, or what those accounts were for;
He had never reconciled any of his accounts, so he was missing transactions
Thank goodness, Woody had the good sense to book an online appointment with Seacoast Accountability at www.SeacoastAccountability.com. Joe Payne had gotten Woody into a bookkeeping nightmare. Poor Woody had thought his net profit was one number, when really it was probably going to be something totally different. Now, three quarters of the year was gone, he wasn’t sure how good the year really was, and it looked like he could owe the IRS thousands of dollars.
Don’t let Joe Payne get a hold of you and your books. You can book an online appointment, like Woody did, or call Seacoast Accountability at (603) 834-1271 . Do it NOW, so you can be sure your books are set up correctly, recorded accurately- and so you can tell Joe Payne to “Go Take a Hike”. You will be confident that you know exactly where you and your business stand financially.
Look for our next post, where we will tell you about more victims that have met Joe Payne.