Category: Bookkeeping

Or let a tax expert powered by TurboTax do your taxes for you, start to finish. If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live Bookkeeper’s work. Create professional invoices for free and get paid twice as fast. Your data is encrypted and protected, ensuring your adjusting entries financial information…

Leveraging technological advancements, such as purchase management software, plays a pivotal role in enhancing strategic decision-making capabilities. These technologies offer comprehensive insights, improve efficiency, and ensure that companies are better equipped to make informed decisions that align with their strategic goals and market demands. In addressing the multifaceted challenges inherent in make-or-buy scenarios, businesses must…

We offer free one-on-one audit guidance year-round from our experienced and knowledgeable tax staff. We’ll let you know what to expect and how to prepare in the unlikely event you receive an audit letter from the IRS. When you go through big changes, like getting a new job or having a baby, it might affect…

Small companies are not exempt from these threats, and there are now plenty of resources available to satisfy the demand. If you want to prevent a ransomware attack, you must have a good cybersecurity solution in place. “Usually, [providers] have either guides or basic security measures that they send over [and] expect their firms to…

Similarly, you can create a client database and track overdue client payments to keep on top of who owes you what. Each of these versions gives you access to specialized features and reports at no additional cost. Most importantly, ask yourself if the benefits of Enterprise outweigh the steep costs. If Quickbooks Premier can do…

The Turbo Tax integration is one of the greatest parts of the software, making it easy to file your taxes. Xero is most often used by small to medium-sized businesses (SMBs). Although it has the lowest starting price, accounting for architects at $12 per month, it can be a little more difficult to navigate than…

Details can be left to these experts, but a poor understanding of cash flow will make it difficult to make good business decisions, and a lack of cash flow management skills could put the company at risk. An owner of a business can gain insights into potential liquidity issues by performing a periodic cash flow…

Details can be left to these experts, but a poor understanding of cash flow will make it difficult to make good business decisions, and a lack of cash flow management skills could put the company at risk. An owner of a business can gain insights into potential liquidity issues by performing a periodic cash flow…

Next, compare the information from the general ledger to the supporting documents. Nanonets can process large volumes of transactions quickly, significantly reducing the time spent on manually reconciling each transaction entry individually. The rationale for moving the reconciliation process inside the financial close is compelling. Along with centralizing the data, SolveXia performs accurate transaction matching…

In reconciling total units into production with the total units transferred out/still in process, it is not uncommon for there to be a shortfall. The reason is that many processes may involve scrap, waste, or spoilage (e.g., evaporation, spilling, etc.). Waste and spoilage would be added as a third component needed to balance the lower…