Category: Bookkeeping
![Outstanding Check: Definition, Risks, and Ways to Avoid Outstanding Check: Definition, Risks, and Ways to Avoid](https://www.bookstime.com/wp-content/uploads/2020/09/Why-Hire-a-Forensic-Accountant.jpg)
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 BELAY: Virtual Assistants & Accounting Services to Serve You](https://www.kelleysbookkeeping.com/wp-content/uploads/2022/02/ordinary-annuity-definition-f2f0.jpg)
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 [...]
Cash Flow Analysis: The Basics
Essentially, your entries show cash in and cash paid out each month for the time period that your cash flow statement covers. The cash flow statement [...]
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 Receivable Turnover Ratio Definition, Formula, and Calculation](https://www.kelleysbookkeeping.com/wp-content/uploads/2022/02/how-the-face-value-of-a-bond-differs-from-its-0d87-150x150.jpg)
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 Nonprofit Bookkeeping, Accounting Services Foundation Group](https://www.bookstime.com/wp-content/uploads/2020/03/6289deb5dc-300x156.jpg)
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 Savings Calculator](https://www.kelleysbookkeeping.com/wp-content/uploads/2022/02/double-entry-definition-e9f0.jpg)
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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