Category Archives: Bookkeeping

Popular connected apps include Mailchimp, Gusto, RingCentral, DocuSign, Slack, HubSpot, Zapier and many more. QuickBooks simplifies these universal small business financial workflows all in one connected system. Additional inventory planning capabilities such as assemblies and serial numbers. Adds advanced reporting … Continue reading →

You might also need reciprocals when finding equations of lines. The reciprocal of a fraction can be the reciprocal of 7 determined by interchanging the values of the numerator and denominator. Similarly, the reciprocal of a fraction can be written … Continue reading →

If you want to compare the asset turnover with another company, it should be done with the companies in the same industry. On the other hand, company XYZ, a competitor of ABC in the same sector, had a total revenue … Continue reading →

If the IRS allowed this, then it’s essentially subsidizing taxpayer gambling. Such receipts also come in handy if you itemize tax deductions and can deduct your gambling losses. You can deduct gambling losses only up to the extent of gambling … Continue reading →

This number tells us if the company has enough money set aside to pay for what it owes in debts. Discover the key financial, operational, and strategic traits that make a company an ideal Leveraged Buyout (LBO) candidate in this … Continue reading →

To visualize the behavior of a mixed cost, it is helpful to graph at least 8 observations. Each observation’s total cost (y) is aligned with the y-axis and is also aligned with the volume amounts indicated on the x-axis. To … Continue reading →

The accounting cycle is vital because it ensures that all financial information is accurate and up-to-date. This process provides a valuable record of a company’s financial activity. You only need to write the date, account names, debit and credit amount, … Continue reading →

Whether you like it or not, financial statements are your best chance to show the financial health of your church organization. They should be compiled from the daily reports of funds coming and going out. All organizations also follow a … Continue reading →

The team are super efficient and provide a fantastic service. When we have some issues, they respond quickly and provide trusting advice. After my recent meeting, we have agreed to do more bookkeeping and payroll services and hoping it will … Continue reading →

The easiest and most accurate way to calculate the present value of any future amounts (single amount, varying amounts, annuities) is to use an electronic financial calculator or computer software. Some electronic financial calculators are now available for less than … Continue reading →