Adjusting journal entries are necessary in order to record amounts into clients' accounting systems that are not entered through the posting of transaction journals, such as cash receipts, cash disbursements, sales, or payroll. Examples of these adjustments are depreciation expense, interest expense, bank reconciliation adjustments, and posting error corrections.
Clients using our controller & internal accounting services benefit from having adjusting journal entries posted to their general ledgers by keeping their books in good order and having accurate financial statements.
We would like the opportunity to discuss how our services can help meet your needs during a FREE initial consultation. Contact us at (229) 246-1511 or by clicking here to schedule a meeting.
Many taxpayers have encountered individuals impersonating IRS officials – in person, over the telephone and via email. Don’t get scammed. We want you to understand how and when the IRS contacts taxpayers and help you determine whether a contact you may have received is truly from an IRS employee.
The IRS initiates most contacts through regular mail delivered by the United States Postal Service.
However, there are special circumstances in which the IRS will call or come to a home or business, such as when a taxpayer has an overdue tax bill, to secure a delinquent tax return or a delinquent employment tax payment, or to tour a business as part of an audit or during criminal investigations.
To understand how and when the IRS contacts taxpayers and determine if it’s truly the IRS see: How to know it’s really the IRS calling or knocking on your door.