Category: Bookkeeping

Although there are chances for errors, they are avoidable. For example, the price per unit of a dining chair is $50. You’ve sold 4 chairs, making the total cost $200. Tips for Filling Out a Receipt Template…

In this blog post, we will explore the importance of invoice numbers and how they can be used to help your business stay organized and efficient. We will also discuss the different factors to consider when choosing…

See how different annuity choices can translate into stable, long-term income for your retirement years. The term “annuity due” means receiving the payment at the beginning of each period (e.g. monthly rent). Many accounting applications related to…

You cross reference the rows and columns to find your annuity’s present value. For example, a court settlement might entitle the recipient to $2,000 per month for 30 years, but the receiving party may be uncomfortable getting…

Based on the FTE calculations, managers can decide on the number of people required for a project in the future – let’s say, whether it is reasonable to hire one more developer or not. Full-Time Equivalent (FTE)…

These are just a few of the HR functions accounting firms must provide to stay competitive in the talent game. If you would like to receive an email when new stories like this one are posted to…

While mid-sized to larger nonprofits may outsource these services, smaller nonprofits may seek out community members willing to donate their time and expertise until they have the resources to pay professionals. The manager wasn’t ready to make…

Tax packages include tax prep, filing, and consulting, too. We would love to earn your business, so here’s a free guide of the most common strategies we use to drastically reduce your business taxes. I have learned…

If an asset is continually depreciated at an underestimated amount, the asset will be reported at a book value that is higher than its market value, and this gap expands overtime. When companies detect impairment due to…

These extended codes vary by country and may influence duty rates or other regulations. If you want to ship a 20-foot container instead of a 40-foot container, it’s worth noting that the latter usually costs just 20-25%…