Category Bookkeeping

Finally, they generate the reports you need so you’re ready to prepare your taxes or hand them off to your accountant. Wave offers fee-based bookkeeping services but lacks Intuit QuickBooks Live’s interactive quality. After you’ve entered information about your company…

I have more time to focus on the management aspect of my job and spend far less energy crunching numbers. Breeze is especially useful for me when my services are being evaluated by condo associations. The platform is super easy…

And if you need to power up your business’s accounting software as your company grows, you can do that. Let’s look at a few reasons why choosing the right accounting software is the best thing you can do for your…

On the other hand, farm managers are now able to oversee several processes at once. Crops vary in value relying on the market as opposed to being sold at a price based on the cost of acquisition. The expense of…

First, the calculation considers time as a component and therefore is very helpful for analyzing future cash flows. IRR is a metric that represents an estimated discount rate that would return a net present value of zero when performing a…

As an investor, you would be keen to know more about the retained earnings figure. For instance, you would be interested to know the returns company has been able to generate from the retained earnings and if reinvesting profits are…

Every car insurance company offers various discounts to incentivize safe drivers, good students and customers insuring multiple vehicles. Farmers Insurance offers 23 discounts on car insurance, which is the most of any company. Employee productivity can significantly impact the expenses…

Content Traits To Look For When Hiring A Virtual Accountant How to Find a Remote Job and Start Working from Home What Does It Take To Become a Virtual Accountant? While you might need to invest more into technology and…

Interest on Lawyer Trust Accounts (IOLTA) is a creative and important method for raising funds for charitable purposes, mainly providing civil legal services to indigent persons. These funds are generated from the interest earned on certain lawyer trust accounts. IOLTA…

In other words, the accounting equation will always be “in balance”. Liabilities consist of many items ranging from monthly lease payments, to utility bills, bonds issued to investors and corporate credit card debt. Although the balance sheet always balances out,…