Bookkeeping Frequently Asked Questions

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Quickbooks 2013 for Windows Crashing Randomly

If you see one of the following messages: QBW32.EXE- Fatal Application Exit- Aborting Application: QuickBooks is now terminating (Windows 8, Windows 7, and Windows Vista) Unrecoverable Error 02700…

Are independent contractors required to have their own liability insurance?

Generally no. However, you may decide NOT to work with independent contractors who don't carry their own insurance, especially if they are providing services which would be expensive for you to…

How do I change someone from a subcontractor to an employee or vice-versa in Quickbooks?

The best thing to do in Quickbooks is make a new vendor or employee. So if you had a subcontractor named John Smith, but now he's an employee, make an employee named "John J. Smith", or "John Smith -…

What does an Employee REALLY Cost?

Even VERY part-time employees, with no paid breaks or other paid time off or any benefits, will cost substantially more than their hourly rate. Initially, there is the cost of hiring and training,…

EIN, TIN, DUA ID number - what are they?

EIN : Employer Identification Number - you should request one from the IRS if you have employees, or your business is a corporation or partnership. You can apply by phone, fax or mail. Go to this…