Category: Bookkeeping
Outstanding Check: Definition, Risks, and Ways to Avoid
If a payee receives a check and does not present it for payment at once, there is a risk that the payer will close the bank account on which the chec [...]
BELAY: Virtual Assistants & Accounting Services to Serve You
By assessing your specific needs, understanding the nature of your transactions, and determining your financial management goals, you can find the pe [...]
22 Accounting & Bookkeeping Software Tools Loved by Small Business
ZarMoney's pricing model operates on a sliding scale that incrementally adjusts with every individual user you need to add at a reasonable price. If [...]
Receivable Turnover Ratio Definition, Formula, and Calculation
Company B owes them money, so it records the invoice in its accounts payable column. Company A is waiting to receive the money, so it records the bil [...]
Retail Inventory Method RIM: A Quickstart Guide for Retailers 2022
This is beneficial if the business has multiple locations and performing a physical inventory is a time-consuming and costly process. By using retail [...]
Nonprofit Bookkeeping, Accounting Services Foundation Group
Cloud-based nonprofit accounting software solutions are far more user-friendly than their previous counterparts, enabling users to tap into easy-to-u [...]
Savings Calculator
As you can see, by the sixth month, the account that compounded monthly already lagged behind the account that had the 1% better interest rate. Howev [...]
How to Hire the Right Bookkeeper for Your Small Business
Having your accountant file your taxes should feel like a quick hand-off, not a prolonged arm wrestling match. What’s more, if your books aren’t up t [...]
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