FAQ Category: Reports

Income Statement – Overhead Allocated Report Not Showing Overhead

Question The “Use Department Overhead Allocation” preference is on. The “Direct Labor (% of total direct labor)” option is selected on the Chart of Account Labor Expense account. This selection was confirmed by looking at the “Dept. Overhead Type” column on the Chart of Account list. We ran the “Income Statement – Overhead Allocation” report …

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Year-End Bookkeeping Procedures

Introduction Confused about year-end procedures? With all the new IRS rules for this year, we have provided detailed information so that you can ensure that you have made the correct changes to Employees Payroll information. Please note, Total Office Manager does not have any specific Year-End Requirements. The information listed below is to be considered …

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