Entrepreneur Island

How to track your PPP funds like a CPA (spreadsheet included!)

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Synopsis

You have your Paycheck Protection Program (PPP) funds and now you need to track it to make sure you maximize the forgivable amount. Jeff Kruszka, Principal at BS&P CPAs, answers some of the FAQ's of PPP so the average business owner can understand and walks us through his simple spreadsheet (and shares a copy for anyone who wants it) so we can avoid the need to open a separate bank account or add another line on the chart of accounts.  Tony also thanks Charlie Cho, Supercuts franchisee for coming on the previous episode.