MyBooks - Affordable, integrated, small business bookkeeping

Bookkeeping is no laughing matter

My accountant told me that I was incorrectly recording my checks, so I went back and fixed everything in the system. Was that right?

Off-the-shelf accounting software makes it easy to go back to last year, last month, and last week to make corrections. The problem is that those numbers were used to report sales tax, income tax, and financial statements. So while changing the incorrect numbers makes you feel better, it wreaks havoc with your bookkeeping system. However, there are ways to make changes without causing major headaches down the line.