Category: Bookkeeping

Content Why choose Zoho Books for your construction business? Purpose Built Accounting Software for Construction Firms Separate expenses Best for Bid Management SEE HOW DELTEK COMPUTEREASE CAN WORK FOR YOUR CONSTRUCTION BUSINESS Comparing estimated with tracked costs informs project owners of profitability. You can also create alerts for items that may adversely affect job costs.…

Content How do you buy the Quicken software? Quicken vs QuickBooks: User Reviews Banktivity–Designed for Macs Only Our Finance and Accounting Portfolio QuickBooks Live Tiller Money–Best Spreadsheet Budget Tool Make Great Financial Decisions On the other hand, Quicken is more focused on personal finance management and is designed for individual users or families. It also…

Content How To Figure Estimated Tax Corporate Activity Tax Taxation and Revenue adds fraud-fighting tools Who Must Pay Estimated Tax MVD to keep appointment model, expanded online services Additional Payment Information Emerald Card Retail Reload Providers may charge a convenience fee. Any Retail Reload Fee is an independent fee assessed by the individual retailer only…

Content Walk-Up Window Hours Renovations Manager – 5 Star Field Services The Property Management Accounting System The Polish Deal: What you need to know about Poland’s new tax rules Prior to becoming a member of RPA’s management team, Torrey was instrumental in expanding a property management division for… Michelle joined RPA when the company was…

The extra two paychecks for biweekly pay frequencies can set your business back if you don’t properly prepare for months with three paychecks. You will need to make sure you have enough money in your payroll account to cover the additional expenses. Semi-monthly payroll is a payment plan that pays employees twice a month, generally…

A sales return journal entry is an accounting transaction that records when a sales item is returned to the company. Businesses need to track when returned goods are counted as company revenue and expense. how to prepare a post closing trial balance To create a purchase return journal entry, you will first need to identify…

Content You can create a copy of your QuickBooks file for testing directly from within QuickBooks Creating a New Company What company information do I need to set up in QuickBooks? Step 6 (Optional): Set Up Communications With Intuit The Start Date tab Move existing company files to same account You can’t tell if the…

Contents: What is the Procedure to Record a Loan Receivable in QuickBooks Accounting Software? How to Record A Payment To A Loan In QuickBooks Online How to set up a loan in QuickBooks Online? How to Record a Loan to Your Business in Bookkeeping This will allow you to demonstrate how you financed your operations…

Bookkeeping and accounting agencies understand this predicament. That’s why we handle the accounting aspects of your inventory to ensure you get the right COGS. This is crucial, especially when determining the correct net profit in your business’s income statement. The big problem is when you load up the summary view report, you don’t get a…

Content During Purchasing a Fixed Asset But Not Receiving It Until Full Payment Examples of Suspense Accounts What is the difference between adjusting entries and suspense accounts? Suspense Account in the Chart of Accounts Suspense account is a temporary and imaginary account, which is closed later when the errors are located. The artificial tallying of…

We have a team of over 100 Tax Preparers, Tax Accountants, CPAs, case managers, and other staff working behind the scenes. You can enjoy peace of mind knowing that your books are in good hands at all times. The accounting landscape is always evolving and our team of experienced CPAs stays updated on developments that…

Content Working Capital: The Quick Ratio and Current Ratio Positive vs. Negative Working Capital Step #1 = Calculate the Total Current Assets of the Current Year and Previous Year Curent Ratio Example: Application of Funds Components of Working Capital Formula A good net working capital ratio is indicative of your company’s financial health. It depicts…

Content I want a refund at tax time. How should I complete the redesigned W-4 Form? When should I make changes to increase or decrease my withholding on Form W-4? About Form W-4, Employee’s Withholding Certificate Is an employee required to complete all Steps on the new Form W-4? eNC3 Frequently Asked Questions When viewing…

Content Great experience Fab Book Reviews Local BBB Want the full story? Bookstime Activity Score As a CPA, this means exponential value for you and your clients. With Botkeeper, all of this functionality is built directly into the platform, offering your firm a comprehensive solution. Too many business owners spend precious hours bogged down in…

Content Normal Credit Balance: Difference Between Depreciation, Depletion, Amortization How to Fix Your Credit to Buy a House What is debit balance in accounts payable? How to Know What to Debit and What to Credit in Accounting The payment of a liability is recorded by a debit to the liability account and a credit to…

Content Periodically reevaluate your methods Know your numbers to grow your business How to Create an Opening Balance Sheet for a New Business Accounting Period Review quarterly payroll reports and make payments The Purchases Account tracks any raw materials or finished goods that you buy for your business. It’s a key component of calculating “Cost…

On the balance sheet, the accumulated depreciation is paired with the fixed assets line item, so that the combined total of the two accounts reveals the remaining book value of the fixed assets. As more depreciation is charged against the fixed assets, the amount of accumulated depreciation will increase over time, resulting in an even…

Content Weighted Average of Outstanding Shares FAQs Related Articles How Do You Calculate Book Value per Share? Understanding outstanding shares Look at the Treasury Stock Line Item What are shares outstanding? Why Do Outstanding Shares Keep Changing? Reserved Shares vs. Allocated Shares vs. Issued Shares Once you know how to calculate the outstanding shares, you…

Content If you would like our free e-Book, “Closing A Business Without Going Bankrupt” CLICK THE PICTURE BELOW Role of the U.S. trustee/bankruptcy administrator Notice of Case/ Objections/ Order for Relief What Is Insolvent Liquidation? Proofs of Claim They have been in representing this author’s clients for over three decades. While there are no complete…

Content Corporate Finance Improves money management Other Types of Administrative Expenses Budgeting your expenses Office furniture and supplies Payment from federal or allocation account In general, these are activities that relate to accomplishment of the project’s statement of work. General and administrative expenses, or G&A expenses, are your company’s expenses incurred while running the business…

Content How to Reconcile Your Accounts The Top 10 Bookkeeping Software for Small Businesses in 2023 Ready to outsource your bookkeeping, so you can focus on your business? Income Statement and Bookkeeping: Revenue, Expenses, and Costs When it comes to expenses, companies will receive a one-time advantage of spending money. Investments provide long-lasting benefits, which is…

Content Support: Paying wages Send and track your invoices Remember to file tax returns Unlimited Free Expenses Accounting software and unlimited service including bookkeeping and a dedicated accountant. Comprehensive accounting software and support for established Limited companies. Our founder, Julian, spent seven years as the finance director of a major UK retailer and his passion…