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Forum -> Household Management -> Finances
Can someone explain write offs and what this all means?
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amother
OP


 

Post Tue, Apr 04 2023, 12:52 am
amother Lime wrote:
Do it all by email.


I so appreciate your help! chag sameach!
thanks for being kind Smile
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amother
Lime


 

Post Tue, Apr 04 2023, 12:55 am
amother OP wrote:
I so appreciate your help! chag sameach!
thanks for being kind Smile


Chag Sameach!
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amother
Ginger


 

Post Tue, Apr 04 2023, 1:33 am
Op the most important thing right now is to start keeping track of your income and expenses.
Maybe outsource your bookkeeping or get someone to set up a QB file and give you some training.
Review the numbers monthly and learn from your mistakes.
Also make sure your accountant is competent. For ex if you register for sale tax a year after you opened your business the govt can start asking what did you do last year and demand their money.... A good accountant knows how to deal with this.
Good luck I have never started a business but I have helped many new companies... It's tough but hashem helps
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