Category: Bookkeeping

 

5 Best Printers for Printing Checks 2023 Reviews & Guide

Its duplex printing capability adds to its efficiency, making it one of the best printers to print checks from QuickBooks. However, potential users should consider software compatibility, initial setup complexity, and volume limitations to ensure this bundle meets their business requirements. Overall, the VersaCheck DeskJet MX empowers small businesses withRead More

What is Legal E-billing? Compliance, Benefits and Future of Legal E-Billing

Bank accounts, trust accounts and QuickBooks Online are in continuous sync and in-line with state bar standards, so you are well positioned for your weekly or monthly three-way reconciliation. Just when you think you finally have a handle on all the latest tech jargon, a new phrase is introduced toRead More

Periodic vs Perpetual Inventory System Double Entries

This journal entry will immediately increase the inventory balance on the balance sheet as a result of recording the purchases to the inventory directly. Petersen and Knapp allegedly participated in channel stuffing, which is the process of recognizing and recording revenue in a current period that actually will be legallyRead More

QuickBooks Online Pricing: Cost Comparison Guide 2025

At the end of the day, the cost of QuickBooks Online depends on your business’s needs, and the cost of QuickBooks doesn’t stop at just $35/month for most businesses. Integrations are third-party add-ons that give you additional features and capabilities. QuickBooks Online has over 750 integrations to choose from, includingRead More

How to calculate cash flow: 7 cash flow formulas, calculations, and examples

At its core, Cash Return on Assets (CROA) is a financial ratio that measures the cash flow generated by a company’s assets relative to the total value of those assets. This ratio provides investors, analysts, and management teams with a clear view of how effectively the company’s assets are beingRead More

Salvage value: How to determine the salvage value of capital assets

Depending on your jurisdiction, you may need to complete specific forms or maintain documentation to accurately calculate and report the salvage value after tax. Some tax jurisdictions may allow the carryforward of tax liabilities to future years, minimizing the immediate impact on salvage value after tax. The tax rate toRead More

H & S Accounting LLC CPA Firm in Phoenix, Sun City, AZ

At GBS Accounting & Tax CPA’s, we have a talent for working with small business owners. Whether you are a small business owner or part of a larger public or private organization, you’ll receive expert financial guidance on tax relief, local, state, and federal regulatory requirements. We’ll also help youRead More

Accountant in Orem & Salt Lake City, UT Squire & Company, PC

As an independent accounting firm, it aims to resolve complex issues concerning taxes, mergers, information security, and business formations. Its professionals handle assurance engagements, such as buy or sell-side due diligence, internal audits, and IFRS consulting, for clients from different industries, including e-Commerce. Tanner was ranked as one of theRead More

Enter and manage opening balances in QuickBooks Online

When you’re done, you can reconcile the account to correct the beginning balance. Entry #4 — PGS purchases $50,000 worth of inventory to sell to customers on account with its vendors. It is crucial to document these actions for https://www.bookstime.com/ future reference and to ensure transparency in the accounting processes.Read More

Portland Accounting and Bookkeeping Accountant, Bookkeepers

Our licensed accounting team provides comprehensive financial services for businesses and individuals across the Portland metro area. From tax petty cash preparation and bookkeeping to business advisory and payroll management, we deliver personalized solutions to help you succeed. With deep knowledge of Oregon tax laws and years of local expertise,Read More