First of all, no reports coming out of QB handled by clients can be trusted. I think we as accountants have the obligation to either not take anything directly from the client's QB or dig deeper. Maybe QB clients should be advised to give us a handwritten or typed version of their expenses.
For these reasons - a few years ago - I have decided to to all the way with QB and become a certified ProAdvisor, I even went for the Advanced training. This is when I realized how dangerous QB is - for clients and accountants.
As far as the technical aspect of the "Accountant's copy" that can only be used if you have the Accountant's Edition of QB: For some clients I use it, for others I have remote access, for others yet I go to their place because they have dial up and one client brings in his laptop when it is time to do payroll.
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Tax Prep. / Client QuickBooks files
Just curious how other practioners handle (or don’t handle) client QuickBooks files. For the most part, I don’t do anything with their files and don’t use the QB Accountants version. However, I’m seeing more and more of a need. I’d be interested to understand how others like the QB Accountants version. Do your client send the Accountants QB file and then you modify as needed (i.e. for tax depreciation, etc.) and return it?
Thoughts / Insights?
As always, much thanks.
Brian
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