por Editor | Jul 12, 2023 | Bookkeeping
Many times, you’ll need a voided check to set up automated loan payments such as a mortgage payment, student loan, or auto loan. You must first contact your bank and see if that particular check has already been cashed. If it hasn’t, they should be able to put a...
por Editor | Jun 1, 2023 | Bookkeeping
The “Retained Earnings” line item is recognized within the shareholders equity section of the balance sheet. Examples of these items include sales revenue, cost of goods sold, depreciation, and other operating expenses. Non-cash items such as write-downs or...
por Editor | May 8, 2023 | Bookkeeping
Although you should keep customer expectations and industry standards in mind when setting invoice payment terms, your primary concern should be your cash flow needs. Therefore, detailed knowledge of your own cash flow position is a must for negotiating...
por Editor | Mar 17, 2023 | Bookkeeping
Second, as government agencies contract out their services to be produced by nonprofit organizations, those services are produced by organizations with multiple stakeholders, including board members, staff, and donors. The clarity of command, from the taxpaying and...
por Editor | Dic 30, 2022 | Bookkeeping
Using these figures, we can calculate the gross profit for each company by subtracting COGS from revenue. However, a credible analysis of a company’s gross margin is contingent on understanding its business model, unit economics, and specific industry dynamics. The...
por Editor | Oct 14, 2022 | Bookkeeping
We are ready and able to serve as your financial advisor, tax planner, and guide along your path to success. Our primary services include accounting, taxation, and business consulting. Our goal is to provide more than the traditional accounting services. We serve a...
