Bookkeeping

Learn how QuickBooks Live Assisted Bookkeeping can help you streamline your bookkeeping and free up time spent on finances. There are key differences between bookkeepers and accountants that […]

It is important to assess the contribution margin for break-even or target income analysis. The target number of units that need to be sold in order […]

It works with Quickbooks or Xero but you’ll need your own subscription to those services. Improve your business credit history through tradeline reporting, know your borrowing […]

Integrating a Section 125 cafeteria plan with a health savings account (HSA) can be a powerful way to help your employees save money on healthcare expenses […]

The debt to equity ratio can be used as a measure of the risk that a business cannot repay its financial obligations. The debt-to-equity ratio (D/E) […]

Therefore, the asset depreciates by $2,333 in the first year and $3,733 in the second year. Let us solve a few examples to easily understand how […]

The contribution margin ratio, often abbreviated as “CM ratio”, expresses the residual profits generated from each unit of product sold, once all variable costs are subtracted […]

If there’s a discrepancy, the bookkeeper may need to redo the reconciliation altogether. However, you can unmark a reconciled transaction included in the reconciliation and include […]

Under the accrual method, the $5,000 is recorded as revenue as of the day the sale was made, though you may receive the money a few […]