Category: Bookkeeping

Your customers can pay the invoices you send them instantly by credit card, secure bank payment (ACH/EFT), or Apple Pay. And by enabling Wave’s payments feature, you can accept credit cards and bank payments, and get paid out in as fast as 1-2 business days1. You can effectively analyze the financial health of your business,…

These standards are used in approximately 168 jurisdictions, including those in the European Union (EU). I’ve been involved in personal finance and property journalism for the past 20 years, editing websites and writing for national newspapers. My objective has always been https://danas.info/2021/10/ to offer no-nonsense information to readers that either saves or earns them cash.…

Therefore, dividend income is generally not sourceable to PA (or any other state). Dividend income is only sourced to PA if it is from intangible personal property employed in a trade, profession, occupation or business carried retained earnings on in PA. A scrip dividend gives the shareholder the ability to choose between a stock or…

Easily manage your clients, vendors, and employees with this app by automating your processes. QuickBooks can be used as construction accounting software given the availability of invoicing, job costing, and reporting features. Construction companies looking to use QuickBooks for construction accounting must choose a version that includes QuickBooks Projects, which includes the job costing feature.…

Managerial accountants utilize performance reports to note deviations of actual results from budgets. The positive or negative deviations from a budget also referred to as budget-to-actual variances, are analyzed in order to make appropriate changes going forward. A clear understanding of the differences between managerial and financial accounting is crucial. They need to understand how…

It’s the amount a company thinks it will https://www.bookstime.com/ get for something when it’s time to say goodbye to it. Companies use this value to figure out how much to subtract from the original cost of the thing when calculating its wear and tear. It’s also handy for guessing how much money they might make…

Flex Professionals is a remote job board focused on connecting seasoned professionals searching for part-time work with the companies and organizations that need them. They primarily serve Boston and Washington DC, but remote positions are available for professionals who live elsewhere. In general, Accountingfly offers positions for experienced professionals rather than beginners. They hire more…

QuickBooks and Xero offer the best accounting practice management software that’s integrated with their accountant software. It’s free to join, and there’s no cost to use the FreshBooks software for accounting professionals. FreshBooks offers a 30% discount for accountants and bookkeepers on the first six months of their clients’ paid subscription to FreshBooks. You should…

Since Jill wants to know how many hours she needs to bill a month, she will enter all expenses as monthly expenses. If you entered the average price per trip and entered all your expenses as expenses per week, for you, the BEP is the number of trips you must make per week. The BEP…

Customers are often equally frustrated by any obstacles impeding smooth payment processes. Such impediments generate an expensive drain on admin resources on both sides of the payment fence and can hurt customer satisfaction. In this regard, DSO can also be used as an indicator of Accounts Receivable process efficiency. It flags opportunities to upgrade invoice-to-pay…