Bookkeeping

The figure appears alongside other forms of equity, such as the owner’s capital. However, it differs from this conceptually because it’s considered earned rather than invested. But it’s worth recording retained earnings in your accounting, for various reasons. For an analyst, the absolute figure of retained earnings during a particular…

We tried in December they said we had to have done it by November and now we must use their horrible services for a second year in a row after trying to cancel. We want to hire our own personal bookkeeper who we choose going forward but we’ve been stuck…

QuickBooks has its own payroll function that can calculate and run payroll as often as you need automatically. Employees or subcontractors can enter their own time as they progress through the day, or a bookkeeper can enter their weekly time if the employee submits a manual timesheet. Time entered and…

Her expertise encompasses program management, strategic initiatives, experiential marketing, and product launch/campaign management. In her free time she enjoys spending time outdoors with her dog and exploring the city of Los Angeles for the perfect spicy margarita. Dynamic versions automatically pull client data from your CRM or pre-approved content from…

This template can be used for a Nonprofit for such a purpose and can be extremely handy. This is another sample of the Multiyear format for a Balance Sheet that a Nonprofit can use. This one, however, is in the reverse order of years compared to the previous one. Recognizing…

Doing so gives you an idea of your chances of being approved or if it’s better to wait until your DSCR has improved. But the DSCR is used most frequently by lending institutions to determine how able a business is to repay current debt and take on more. The DSCR…

One way to reduce the costs of production would be to reduce direct costs as they make up a large portion of the total manufacturing costs. One technique is to use quotations from as many suppliers as possible. Another technique would be to offer cash payments in return for a…

Schedule a free, no-hassle, no-obligation consultation with us and find out how much time and money we can save your Phoenix-based business today. Join hundreds of businesses that rely on us to handle their bookkeeping while you focus on growing your business. Our expert team of CPAs have backgrounds in…

This is why in medical billing proper documentation leads to no denials. There should be proper evidence and documentation in the patient’s medical files. When we talk about medical billing, modifiers are an essential component. Medical billing is a process that involves receiving reimbursements from the healthcare insurance company for…

It is the rate of return bond investors will get if they hold the bond to maturity. Harvey acquired the bond for a market price of $58,732.61 and sold the bond approximately 12.5 years later for $112,274.03 because of the very low market rates in the bond market. • Alternatively,…