Category: Bookkeeping

To avoid dealing with unreliable clients, you can conduct credit checks on them to evaluate whether they can pay consistently on time. Have you ever wondered which tools you can use to keep track of your team’s vacation and other types of leave? Preferred Shareholders of a publicly traded what is a personal accountant 10 […]

We are a subcontractor and the GC we are working for is asking us to sign and notarize progress payment line waivers for amounts they have not paid us for, is this legal? They are 60 days behind on our payment yet they are refusing to give us… They have already spent $3,000 in labor […]

The slightest adjustment to inventory will cause a corresponding change in an entity’s reported income. Businesses can increase revenue by raising prices, but price increases can be difficult in industries that face a high level of competition. The ability to purchase products and services online also puts downward pressure on prices. A company’s gross profit is […]

In July 2022, we estimated that pharmacy services profit pools would grow at a 3 percent CAGR from 2021 to 2025. Our updated estimates found that this growth rate will remain the same from 2021 through an additional year of 2026, with profit pools reaching $65 billion by 2026 from $55 billion in 2021. However, […]

It’s not just about a safe place to leave your child while you’re at work. Regardless of how the economy looks when you decide to start your own business, setting yourself up with a recession-proof business is a solid plan. You never know what the future holds, and these business ideas can give you some […]

Most companies use computer software to keep track of their accounting journal with their bookkeeping entries. Larger businesses adopt more sophisticated software to keep track of their accounting journals. The financial transactions are all recorded, but they have to be summarized at the end of specific time periods. Other smaller firms may require reports only […]

In France, liabilities and equity are seen as negative assets and not account types in themselves, just balance accounts. If the amount of the journal entry is mixed in with the regular wage expense accounts, it can be difficult to see how much of the wage expense relates to cash payments and how much is […]

An IPO is a major way for a company seeking additional capital to expand the enterprise. To begin the IPO process, a company works with an underwriting investment bank to determine the type and price of the stock. Once the IPO is complete, the stock becomes available for purchase by the general public on the […]

Her work has appeared on Business.com, Business News Daily, FitSmallBusiness.com, CentsibleMoney.com, and Kin Insurance. At the end of the accounting period, take the time to make adjustments to your entries. For example, you may have estimated certain invoices that are later solidified with an actual number. If you’re on a budget, you can reduce costs […]

Where only the NZD 300 threshold is breached, FBT needs to be returned only on those amounts. A statutory-based scheme of accident insurance is funded in part by premiums payable by employers and employees. Customs duty is levied on some imported goods at rates generally ranging from 1% to 10%. If you paid more GST […]