ABC Solutions was established in 2005. We found that many medium and tiny-sized businesses need both accurate tax and accounting advice as well as the computer systems to operate. We found a way to integrate the knowledge of both worlds to provide you a comprehensive solution.

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QuickBooks

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Whether you need a single-user QuickBooks Desktop install or a multi user, hosted enterprise solution with external integrations, we can help. With thousands of successful QuickBooks data conversions, ABC Solutions, LLC is the most trusted company for converting your accounting data to QuickBooks. We help get all your important business functions and applications on the same page and communicating with QuickBooks. Deliver the full power of QuickBooks Desktop accounting software to your end users in a cost-effective, secure cloud-hosted model.

PPP Loan Forgiveness Assistance

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Are you worried about how to spend your loan proceeds so that you can optimize the forgiveness amount? If the answer is yes to any of the above questions, we can help. Many small business owners need help correctly using the proceeds and applying for forgiveness to reduce the payback amount. Your business must track the PPP loan proceeds and the subsequent spending carefully.

Glossary of Accounting Terms

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There are two ways to keep books on recording items: the cash and accrual methods. Let's invoke Popeye the Sailor Man's friend Wimpy who always says, "I'll gladly pay you Tuesday for a hamburger today." Let's say today is the Friday before this famous Tuesday. If you use the cash basis method, you will record the entire transaction on Tuesday when you get the cold hard cash.

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