Category: Bookkeeping

Want to have full control over your revenue and other important KPIs at any time? Synder Business Insights is a single source of truth for your e-commerce business that connects all your platforms in use and generates actionable KPI reports accessible from one dashboard. Deferred revenue accounting can be complex, but there are some best […]

While QuickBooks Online is only 50 cents more than Xero, note that that is the introductory cost for the first three months. QuickBooks Online goes to $30 per month after that and is easily our most expensive option. Whether they work in-house or externally, accountants can use QuickBooks to automate and simplify tedious tasks and […]

11 Financial’s website is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. 403(b) plans are similar to 401(k) plans but are specifically designed for employees of non-profit organizations, public schools, and certain religious institutions. The major types of adjusting journal entries […]

Remember, your payment not only applies to your own finance management, but it also impacts their finances. Accounts payable turnover is the total purchases on credit divided by the average accounts payable balance. The accounts payable department should use accrual accounting to post transactions and for financial reporting. If your business is smaller, a bookkeeping […]

Learn about bookkeeping, typical responsibilities, how to become a bookkeeper, and remote bookkeeping opportunities with Intuit’s QuickBooks Live in the U.S. The expected job decline is primarily due to cloud computing and other software innovations automating bookkeeping tasks that a person would normally do. Specializing in a career field can help to set you apart […]

Check out a few of our favorite QuickBooks alternatives to see if any of them are a better fit for what you’re looking for. One of the selling points of QuickBooks Self-Employed is its ability to calculate your quarterly estimated taxes for you. However, if you want to pay these taxes directly through QuickBooks, you’ll […]

This enables you and your bookkeeper to work together seamlessly from the start. For example, when the Tax Cuts and Jobs Act (TCJA) went into effect on Jan. 1, 2018, it made some sweeping changes to the tax code. This made filing taxes more complicated and required substantial (and potentially unproven) updates to tax filing programs. […]

In a related way, if you don’t send bills out on time, you might not get paid for the products/services you delivered to the client. Invoicing and billing do more than help businesses balance their books—they affect every part of the organization and relationships with clients and customers. Invoicing and billing can help businesses understand […]