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.
The sales tax rate for Decatur County, Georgia will change from 7% to 8% on April 1, 2018. Vendors should change the setup in your cash register or point of sale system before your first sale of the month. The rate is comprised of 4% state, 1% local option, 1% special local option, 1% education special local option, and a new 1% transportation special local option tax.
Click here for the revised Georgia sales tax rate tables.
Circular E has been updates by the IRS which provides new federal withholding rates based on The Tax Cuts and Jobs Act passed in December. Employers should begin to use the new rates as early as possible, but no later than February 15, 2018. We provide a link to the publication and other payroll forms under our Resources page. Click here.