Posted 2/8/2018 22:15 (#6564751 - in reply to #6563059) Subject: RE: quickbooks accounts setup? help.
Iowa
I use a double entry spreadsheet instead of Quickbooks, but that's how I deal with nonfarm items. They show up in the equity statement. That way, the income statement is accurate and makes sense. The income and equity statements explain the difference between beginning and ending balance sheets to the penny.