Bookkeeping

Her time as an administrative assistant in a San Francisco property management firm was marked by a meticulous approach and a knack for understanding the intricate details of administrative functions. Three years in this role honed her skills, preparing her for the diverse challenges of her next assignment. At the […]

CERCLA excludes from funding eligibility portions of facilities where there has been a release of PCBs that are subject to remediation under TSCA. See below for guidance on determining the scope of each of these three types of sites. Applicants requesting funding for a specific site(s) (i.e., applying for Site-specific […]

Below-the-line deductions such as charitable donations or medical expenses can be subtracted from your AGI after it’s been calculated. These are itemized deductions and are listed on Schedule A and reported on Form 1040. On the other hand, the 16% net profit margin implies that for each dollar of revenue […]

If a company can’t meet its current obligations with current assets, it will be forced to use it’s long-term assets, or income producing assets, to pay off its current obligations. This can lead decreased operations, sales, and may even be an indicator of more severe organizational and financial problems. A […]

With this method, the contractor doesn’t report on income and expenses until project completion. These 3 methods sound pretty self-explanatory, and contractors use them to determine when expenses and income “count” — so to speak. Sometimes, they use one method for their bookkeeping and another for tax reporting. All this […]

Many payroll providers offer exclusive partner programs for accounting firms that deliver payroll services to multiple clients. Oftentimes, these programs include access to resources that help firms manage and grow their practice. These resources may include revenue share agreements, free firm software licenses and central client dashboards. Most charge a […]

When the staff receives these payments, they’re considered wages and are subject to withholding. Streamlining the accounts payable process into an AP automation allows you to quickly capture paper and electronic invoices and route them through customized workflows for approvals. Once the invoices are processed, payments can be sent directly […]

For employees who have temporary work visas, pay attention to expiration dates, since employers are responsible for knowing when to update employment forms without official notice. Earlier in the article, we touched on the fact that one of the main tenets of managing payroll is also keeping records. To stay […]

Send us your latest balance sheet and income statement, and you’re all set. With Bench, you get a team of real, expert bookkeepers in addition to software. You’ll always have the human support you need, and a mobile friendly platform to access your up-to-date financials. QuickBooks Online: Best Overall Small […]

Still not convinced Deskera is the right choice for your business? Well, don’t take our word for it – give equity t account the software a try out yourself. Company XYZ provides and collects $4,000 worth of repair services. What is a home equity loan? Once the draw period is […]