Watch Your Dates

31/08/2025 9 min Episodio 138
Watch Your Dates

Listen "Watch Your Dates"

Episode Synopsis


🔥 Ever seen “Unapplied Cash Bill Payment Expense” on your P&L and felt personally attacked?You’re not alone — but you are probably running Cash Basis reports with some “goofy” dates. Here's your spicy cheat sheet to stop letting QuickBooks make your books look wild:🔍 Watch your datesIf Larry the Computer Guy can’t figure out why he’s getting paid before he does the work, it might be time to fix the bill dates.✏️ Rename the nonsense“Unapplied Cash Bill Payment Expense”? Nah. Try: "Bills Paid Before Bill Date." It won’t fix the issue, but at least it’ll make you feel like you have control.📊 Accrual > ConfusionWant it gone? Switch your P&L to accrual basis. Still confused? Just remember: cash basis is for taxes, accrual is for actually understanding your business.💥 Your books should tell a story — not a horror story.🔥 Join our Bookkeepers On Fire Community to connect 🤝, collaborate 💬, and thrive 🚀 with like-minded professionals who are passionate about bookkeeping, accounting and business growth.Join us here: Bookkeepers On Fire CommunityBookkeepers On Fire is proudly ad-free and 100% listener-supported, so we can bring you unfiltered conversations without outside agendas. If you enjoy the show, consider donating to help keep our mics hot and our mission independent.🔥Donate with Venmo🔥    🔥Donate with PayPal🔥 #BookkeepingHumor #QuickBooksOnline #CashBasisDrama #AccrualCoolKids #AccountingWithSpice #WatchYourDates #TeamReade