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Recommendations for Tax Report


Gears

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Hello,

I am meeting up with my accountant within the next few days, and I am trying to figure out the best method to present our revenue and expenses/fees in the simplest form. (US)

 

What do you think about the following method:

 

- Give him the Yearly Income Report for 2007 and manually add up the total expenditures and total fees (and also add the monthly payments for leasing a server because this report doesn't include it)

- And give him the Transaction List (filtered to see only the payments sent within 2007) so he can have a description of all the expenses

 

 

What do you guys think? Is there a better way (not using any third party software)?

 

Thanks in advance.

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