Is there anyone who can help me? Am helping a friend out with her books, she has self employed income but also wages from her husbands company. I understand that in her tax return these wages would go under other income. How would I show this income in Quickbooks (or any other s/w) as I need to reconcile the bank.
You wouldn't show income from an employment in the accounts of someone self-employed. The two income streams are separate. When completing a tax return you have to do both employed and self employed pages.
-- Edited by semsley on Wednesday 6th of October 2010 10:10:16 PM