Welcome to Reporting tutorial’s part 2. Notarial Logs.
Tracking notarial acts can be important come tax season as money made as a notary can fall under special tax laws.
CloseWise helps you easily track your notarial acts for this reason.
When completing an order, you will notice a place to add the number of notarial acts along with the legal state rate per act.
By inputting this information, you automatically add your acts to the notarial logs page.
You can always edit the number of acts in an order by going to the expense card in order details on your dashboard. The same way we are doing it in this video.
To view your totals, go to the notarial Log page in your reporting suite.
Here you can filter by data range and status.
You will also notice quick glance over views of the total acts, total potential savings per act, and total, which will not exceed the amount you were paid for the order.
This report is all downloadable so that you can use this for your taxes!
Now you’re tracking even more deductions possibilities for your business!
