Kategori: Bookkeeping

Depending on the financial position of your business, you may want to reinvest in equipment, employee salaries, or more inventory. For example, if a business

The company could be losing money on every product they produce, but staying a float because of a one-time insurance payout. Segment gross profit in

Opening balance equity is an account created by accounting software in an attempt to balance out unbalanced transactions that have been entered. The software generates

Bookkeeping services are available on the Enterprise plan with costs $375/month. Every plan comes with a dedicated bookkeeping team to handle your monthly books, and

The allowance can accumulate across accounting periods and may be adjusted based on the balance in the account. In footnote 3, the company reports, “Net

As we close Q1 we wanted to provide an update on this new reporting requirement as required by FINRA. Effective bookkeeping in the automotive business