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 | May 2, 2023 | Bookkeeping
The EITC rates and thresholds are adjusted annually to reflect changes in the economy and cost of living. For the tax year 2024, these adjustments ensure that the credit remains aligned with the current economic conditions, providing targeted support to eligible...
por Editor | Mar 28, 2023 | Bookkeeping
We recommend QuickBooks Online (“QBO”) as the right bookkeeping software for startups and high-growth small businesses. It’s the leading small business accounting software in the US for small businesses, and interfaces nicely with other automated systems...
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 | Dic 5, 2022 | Bookkeeping
Attempts to stop drinking can result in tremors or hallucinations, but therapy, detox, and rehab can help you get your life back. At this point, it’s obvious to those close to you that you’re struggling. You might miss work, forget to pick up the...
