It includes features such as payroll and job costing, along with various other accounting features. Balance sheets are a great way to take a snapshot of your HVAC company’s financial statements. One of the most important items for you to note on your balance sheet is your cash. You need to ensure that your company […]
Want to outsource your bookkeeping services to avoid hassle and get accurate numbers? Established in 2008 with the motto to deliver superior bookkeeping and accounting services to small- and medium-sized businesses, they are now QuickBooks certified as an advanced desktop and online ProAdvisor. Global FPO uses modern accounting software like QuickBooks to offer cost-effective bookkeeping […]
Want to outsource your bookkeeping services to avoid hassle and get accurate numbers? Established in 2008 with the motto to deliver superior bookkeeping and accounting services to small- and medium-sized businesses, they are now QuickBooks certified as an advanced desktop and online ProAdvisor. Global FPO uses modern accounting software like QuickBooks to offer cost-effective bookkeeping […]
Your P&L gives you the unique ability to review the financial outcome of those decisions you’ve made in the past. So, you can really start to understand what you’ve prioritized within your business based on how much you’ve spent across those areas. In e-commerce accounting, there are three reports that all founders should look at […]
QuickBooks is an established player with an impressive suite of services, while Wave is a more modern platform with a simple and easy-to-use interface that does not require a big learning curve. FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to […]
Detailed rules cover the types of changes in status relating to employment, marital status, dependents, etc., that may be permitted in the plan documents. Cafeteria plans are a vehicle for employers to offer certain benefits to employees on a tax-free basis. cafeteria plans are also referred to as Section 125 plans, after the section of […]
Naturally, you will have access to a calculator, but you need to fully understand the basics of math to be confident in processing figures. Equivity offers a range of virtual services for businesses—from administrative assistants to paralegals. You may be better off with a virtual bookkeeper who is already familiar with businesses like your own. […]
For example, a company’s payables turnover ratio of two will be more concerning if virtually all of its competitors have a ratio of at least four. Take total supplier purchases for the period and divide it by the average accounts payable for the period. Say that in a one-year time period, your company has made […]
Whether you have specialized skills or are proficient in several areas, there is a niche where you can provide great value based on your experience, skills and interests. If the accounting consulting topics in highest demand aren’t your best skills, you may want to start other advisory services in your firm. Brenau’s online bachelor of […]
On the distribution date of the stock dividend, the company can make the journal entry by debiting the common stock dividend distributable account and crediting the common stock account. When investors buy shares of stock in a company, they effectively become part-owners of the firm. In return, the company may choose to distribute some of […]