Double-entry bookkeeping aims to balance your accounts and ensure that all debits and credits are properly recorded. We collaborate with key players like Gusto, Stripe, Shopify, and Square—ensuring your financial records are always meticulously accurate. Finally, a professional bookkeeper...
In the dynamic landscape of entrepreneurship, the success of a small business often hinges on its ability to navigate the complexities of tax and accounting. After years of trial and error, I’ve pinpointed essential strategies to help streamline tax...
If you know how much your paycheck is after deductions (you can usually find this on your paystub), you can find your net income through the same process. Get instant access to video lessons taught by experienced investment bankers....
The CFO’s salary can range from $120,000 to $250,000 per year, depending on the organization’s size and the individual’s experience. The Treasurer’s salary is usually lower, ranging from $50,000 to $150,000 annually. https://www.bookstime.com/ However, the Treasurer may earn more...
These billing cycles vary and are not all in sync unless, for example, you start on a plan with 30-day billing and install all of your apps on the same day. Your billing information includes your Shopify bill payment...
Accounting is the interpretation and presentation of that financial data, including aspects such as tax returns, auditing and analyzing performance. Bookkeeping is the difference between bookkeeper and cpa daily financial tracking of all of your daily financial transactions. The...
With recourse factoring, you’ll be held responsible if your clients fail to pay the factoring company. This type of factoring often requires a personal guarantee, but may come with lower fees and higher cash advances. The factoring company takes...
A company’s inventory turnover ratio reveals the number of times a company turned over its inventory relative to its COGS in a given time period. This ratio is useful to a business in guiding its decisions regarding pricing, manufacturing,...
In essence, there’s always one form of tragedy or the other looming. The Covid-19 pandemic struck the world without fair warning, but since then, it has caused businesses to put contingency plans in place to help them respond during...
These adjustments refer to a salary boost to support higher prices in the economy. Colas may also be provided to retain employees that may move to a city with higher costs of living. Some organizations examine how certain departments...
Instead, many firms have reaped financial benefits by committing to sustainable business practices. Another way to cut back expenses is to use software instead of hiring outside help. For example, instead of hiring an accountant, you could use online...
Nationally, full-time staff accountants earn between $40,000 and $80,000, depending on experience and other factors. Our cutting-edge online bookkeeping solutions offer you immediate access to up-to-the-minute financial information. This empowers you with the ability to monitor the financial well-being...