Kategorie Bookkeeping

However, once you’ve signed up, navigate to your account settings, and you can switch to annual billing to save 10%. All Online plans include receipt capture, QuickBooks support and more than 650 app integrations with calendar year apps such as…

Understanding incremental costs can help companies boost production efficiency and profitability. Understanding incremental expenses can assist a business in improving its efficiency and saving money. Incremental costs can also help you decide whether to make a product or buy it…

Blockchain technology has been a game-changer for the accounting industry, offering a plethora of advantages in cost savings, audit trails, and more. Below, we help you make sense of it all so your business can reap the benefits of blockchain’s…

Fox Integrated Healthcare offers a variety of treatments that are proven to combat neuropathy without medication. Contact us today to discuss how we can help you with alcoholic neuropathy. Middlesex County podiatrists Dr. Jason Grossman and Dr. Paul A. Osemene are experts…

An accountant will help you make sense of the numbers, manage your books, generate reports, estimate your quarterly tax payments, maintain a healthy cash flow, and protect narrow profit margins. However, you can take a “completed contract” approach as well,…

Projected income statements, also known as projected profit and loss statements (P&Ls), forecast the company’s revenue and expenses for a given period. Planning for the future, whether it’s with growth in mind or just staying the course, is central to…

Let’s illustrate the Cash Short and Over account with the petty cash fund. Assume that the company has a petty cash fund of $100 and its general ledger account Petty Cash reports an imprest balance of $100. Let’s now assume…

Then, the company establishes the allowance by crediting an allowance account often called ‚Allowance for Doubtful Accounts‘. Though this allowance for doubtful accounts is presented on the balance sheet with other assets, it is a contra asset that reduces the…