Bookkeeping

This approach ensures that financial statements reflect the true economic activities of a business, rather than merely recording transactions as they occur. By...

If you’ve agreed to recourse factoring, you’ll be on the hook if your customer doesn’t make payments. However, non-recourse factoring means that the...

The point after breaking even is when the total of discounted cash inflows will exceed the initial cost. It measures the time it takes to regain the invested...

Unless they are a certified public accountant (CPA), bookkeepers should not prepare tax returns or sign the returns as a paid preparer. Once you purchase...

If a reconciliation has too many discrepancies, reversing that reconciliation might be the best move. If you just need to start fresh from a previous...

Equity includes any money that has been invested into the company by shareholders as well as retained earnings which have not yet been paid to shareholders as...

By leveraging traditional know-how and new technology, businesses can streamline their accounting processes, improve accuracy, and ensure compliance with...

If you use the standard mileage rate for a car you lease, you must choose to use it for the entire lease period (including renewals). To qualify to claim...

Vasopressin sends signals from your brain to your kidneys to dictate how much fluid is removed from your body as urine. When this hormone is suppressed, your...

Whether you pay your team through direct deposit, paper checks or pay cards, ADP will provide you with the tools to help generate an accurate pay statement....

Effective construction bookkeeping is not just a compliance necessity; it’s a strategic asset that drives profitability, fuels growth, and empowers informed...

Accounts receivable factoring can help companies provide better customer service by offering more flexible payment terms and reducing the time and effort...