Bookkeeping

Under cash basis accounting, revenue is reported on the income statement only when cash is received. The cash method is typically used by small...

Essentials is a free plan and Manage and Pro are premium subscription plans. The terms and conditions for Stessa Plans are subject to change, including...

For instance, if you’re on an 8-hour a day work schedule, any work you do beyond that time is overtime. You can also use your work as a reference to payment...

It will also state that the auditor’s opinion is not modified in respect of this matter. When faced with such a requirement, candidates must be careful not...

Christine Aebischer is an assistant assigning editor on the small-business team at NerdWallet who has covered business and personal finance for nearly a...

This allows you to avoid mailing your original documents, or certified copies, to the IRS. The application — Form W-7, Application for IRS Individual...

As mentioned, one alternative to outsourcing is hiring a full-time employee or assembling an accounting team to handle accounting functions. But this is often...

You can pay it using Visa or Mastercard debit or credit cards, or by direct debit. The payment date depends on when you signed up to a pricing plan. You can...

They serve small businesses but they themselves are small businesses,” von Schirmeister says. Collaborate with your peers, support your clients and boost...

Their service pricing is transparent, with accounting services starting at $675 per month. Depending on the volume and other requirements of each business,...

Like pay alteration fraud, this is most common in HR, payroll, and finance departments, since they have access to these functions. Institute a policy with your...

This flexibility allows partnerships to tailor their profit and loss allocations to reflect the unique contributions of each partner, fostering a sense of...