QuickBooks P&L Correction

min $50 USD / hour

In Progress

Posted 6 days ago

min $50 USD / hour

I need help correcting journal entries related to the sale of equipment on my Profit & Loss statement in QuickBooks. the incorrect entries are creating a negative other income on my P&L Key Tasks: - Identify and correct incorrect journal entries - Ensure accuracy of P&L statement - Review for any other discrepancies Ideal Skills: - Proficiency in QuickBooks - Strong accounting knowledge - Attention to detail

Project ID: 40507815

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Active 6 days ago

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Awarded to:

@taigafukuda

$0 USD in 7 days

0.0

(0 reviews)

0.0

10 freelancers are bidding on average $95 USD/hour for this job

@fixitconsultech

With a rich background in accounting, bookkeeping, and financial analysis, I am confident that I can swiftly identify and rectify the journal entries that are causing unnecessary distress on your QuickBooks Profit & Loss statement. My expertise extends not only to QuickBooks but also to several other accounting tools like Oracle ERP, NetSuite, Xero and MS Dynamics Business Central. Hence, handling this job won't be a problem for me. My commitment to detail ensures accuracy in my work. I will perform an in-depth review of your P&L statement to locate any other discrepancies which might be harming your financial records. Furthermore, as an added bonus to my skill set, I boast of exceptional proficiency in MS Excel analysis for better data presentation. In selecting me for this project, you're entrusting it to a qualified professional backed by a firm with a team of Chartered Accountants, CPAs and Bookkeeping Specialists who all uphold the same dedication and hardworking ethos as myself. Let's get those accounts straightened out!

$50 USD in 40 days

5.0

(1036 reviews)

9.0

@mussadiq3

Hi, I have carefully read the project. I’m able to do this. I’m CPA and CBA qualified. I’m a QuickBooks Online ProAdvisor with over five years of experience in bookkeeping, financial reporting, and correcting complex journal entry issues that impact Profit & Loss statements. I have specifically worked on cases involving fixed asset disposals, equipment sales, and misclassified journal entries that create distortions in “Other Income” or gain/loss accounts. I can review your QuickBooks file to identify the incorrect journal entries related to the equipment sale, trace how they are impacting your P&L, and correct the postings so that the disposal is properly reflected according to standard accounting treatment. This includes ensuring the gain or loss on disposal is correctly calculated and categorized, and that no residual balances are incorrectly affecting other income. In addition to fixing the main issue, I will also review surrounding entries to ensure there are no additional discrepancies that could impact your financial statements, and confirm that your P&L is accurate and clean going forward. I am detail-oriented, efficient, and focused on ensuring your books reflect correct accounting treatment in line with QuickBooks best practices. Please open the chat for further discussion. Thanks & regards, Mussadiq Hussain

$50 USD in 40 days