Audit proof your business
What would you do if the IRS picked you for an audit?
Do you have all the documentation required to protect you?
Using this template along side with this free course , you can speed up the audit process.
Good documentation not only helps with an audit but forms the basis of good financial planning.
With this package you get:
Policies and procedure template: This forms the basis on which your books are kept. The policies discussed in the template are:
- General policies
- Cash management
- Fixed assets
- Capitals or loans
- Chart of accounts
- Employee benefits including the new employer credit for paid family and medical leave
- Payroll including how owners pay and dividends are determined
- Owners contribution documentation
- Promissory note template
- Financial reporting process
- Annual meeting process
- Sample agenda
- Sample minutes
In addition you get templates for:
- Depreciation schedule
- Mileage log
- Reimbursement log
- Checkbook register
- Cash register