Bookkeeping

Marketing agencies, however, are service-based businesses with specific financial management needs. This means you should look for accounting software that includes the following features and options that are essential to ...

The inventory turnover ratio measures how often a company has sold and replaced its inventories in a specified period, i.e. the number of times inventories were “turned over”. Inventory has ...

Also, there’s a big difference between how independent contractors and employees are treated for tax purposes. Your farm operation must pay Social Security tax, workers’ compensation, federal unemployment tax, and ...

Aspiring accounting and financial professionals face a bewildering array of degree, concentration, and career options. Individuals seeking high-paying financial analysis or management careers may do well to consider a management ...

The purpose of reconciliation is to ensure the accuracy and ethics of a business’s financial records by comparing internal accounting records with external sources, such as bank records. This process ...

Currency from foreign countries must be translated to the reporting currency for financial reporting purposes. The conversion should normally provide results comparable to those that would have occurred if the ...

QuickBooks Online plans are incredibly scalable, so you can start small and upgrade to a larger plan in the future. The answers to these questions should help you determine which ...

If you’re selling your consulting services through an accounting firm or management firm, you may not have to look very far for consulting clients. If you’re putting up a new ...

If you’re considering a paid option, you can always test them with a free trial, a service offered by many paid accounting software, like Zoho Books, FreshBooks or Xero. Akaunting ...

If Bench does your bookkeeping, you can also upload and store as many digital receipts and documents as you’d like in the Bench app. But for the sake of explaining ...