Category: Bookkeeping

In today’s uncertain market, your organization might be drowning in a mess of financial transactions, overworked team members and a lack of time management driven by inefficient processes. And if you’re a CFO, Controller or accounting executive, know that in order to run a thriving business, you need to have an efficient finance and accounting […]

You can add items, add information about those items, write notes, and add attachments to items. You can track which items are in stock, items that are selling fast, and even add items to invoices. We’ll put the software under the microscope and try to analyze its best features, pricing plans, and pros and cons. […]

A multi-step income statement provides additional details lacking in single-step income statements, categorizing expenses as direct or indirect costs. A very small business like a sole proprietorship is more likely to prepare a single step income statement. Another measurement available from the multi-step income statement is operating income. Like gross profit, operating income provides business […]

These participating dividends may be tied to company achievements such as total sales, earnings, or specific margins. A participating preferred stockholder may also earn these types of dividends on top of what the company issues as “normal dividends”, assuming the company has enough finances to make all payments. Cumulative preferred stock might be a good […]

That gets even more complicated if you’re selling your products through multiple ecommerce channels. Tax money is not the same as revenue; it’s a liability that you owe the government. Your books need to show the difference between revenue, sales tax, fees, and the final cash deposit in your bank account. Several ecommerce platforms will […]

This encumbrance limits your full control over the property, as the easement holder has certain rights to access or use a portion of it. An encumbrance is a legal term used to describe any restriction or limitation on a property or asset that affects its transferability. When an encumbrance is present, it means that the […]

Her passion for the genre was ignited with the series “Bleach” and has since remained unwavering. Often, she immerses herself in the latest manga and webtoons during her metro commutes, accompanied by her favorite tunes. Erica is determined to uncover Meru’s secrets, but Meru’s defensive technique arrives to throw her off. Most of our administration […]