Steiner Business Solutions Voted RTD The Best, Local Accounting Firm 2018

By imarketing

Richmond, you have voted for the fourth year in a row, and the winners are in. After 312,310 votes, you have selected your favorites in 109 categories, from The Best Brunch to The Best Furniture Store to The Best Auto Repair. The votes are in – Best Local Accounting Firm in Richmond goes to Steiner Business Solutions! Our staff is thrilled to win this award from the RTD. We share this honor with all our clients, friends, family and business partners. We love all of you! We’re keeping our foot on the gas and making a difference in the small business community. #RTDTheBest

Need a change of scenery? We’re Hiring!

By imarketing

Steiner Business Solutions is looking for a talented CPA or EA to join our Tax Services Division. This is a full-time hire with a great compensation package, including benefits. Our culture is relaxed and fun. You won’t have the obscene hours you find at most CPA firms; you can dress casually; and with our flex arrangement and cloud based system, you can work many of your hours remotely. Yes, this is possible in RVA! Of course your main function will be preparing tax returns and providing tax planning for our small business clients, but you will also have the opportunity to provide other key services we offer during the off season. If you want to find out why we’re one of the fastest growing accounting firms in Richmond, you should send your resume to dsteiner@steinerbusinesssolutions.com right now. You never know unless you ask!

Network and Learn About Steiner Business Solutions

By imarketing

Mark Stewart, partner in our new Scott’s Addition office, is one of the guest speakers at the next Gather Spotlight event on November 17th in downtown Richmond.  Come meet Mark and hear more about Steiner Business Solutions! Should be a well attended event. Register using the link below: https://www.eventbrite.com/e/gather-spotlight-november-2016-tickets-28584261295

How To Correctly Apply A Payment In QuickBooks [Basic Training]

By imarketing

An important function in Quickbooks, and one that is often done incorrectly, is applying customer payments and creating bank deposits. You are trying to accomplish two things when you receive a payment from your customer. One is to apply the payment to the customer’s open invoices so their accounts receivable is correct, and the other is to show the money being deposited into your cash account. One of the two biggest mistakes that I see when I’m training people is them going directly to the deposit screen in Quickbooks to deposit the payment. When you do this, the customer’s account is not updated, and your revenue is likely double booked. Double revenue means double taxes! Ouch! The second mistake is not having the deposited funds in Quickbooks match the actual deposit amount the bank shows. This makes for a nightmare trying to reconcile your cash account! The proper way to do this is to go to Receive Payments in the Customer menu. Selecting the proper customer will bring up a list of open invoices for that customer. Enter the date and full amount of the payment and make sure it is applied to the appropriate invoices. When you save it, it will go in to the Undeposited Funds account and wait to be put on a deposit. The customer’s account has been adjusted, but the cash account is unchanged at this point. You’re not done, though! Next go to Make Deposit from the Banking menu. This will prompt a screen to open with a…