Category: Bookkeeping

You record income when you earn it and expenses when they are used to produce that income. Accrual basis accounting is typically best because it offers the most accurate information about your business’s performance. But its complexity may outweigh its benefits for simple, very small businesses. Ultimately, the right accounting method for you will depend…

The bookkeeping transactions can be recorded by hand in a journal or using a spreadsheet program like Microsoft Excel. Most businesses now use specialized bookkeeping computer programs to keep books that show their financial transactions. Bookkeepers can use either single-entry or double-entry bookkeeping to record financial transactions. Bookkeepers have to understand the firm’s bookkeeping tutorial…

And so, I don’t have to spend the time that we were spending in-house to deal with all of these bookkeeping issues. And so, having somebody who is the best at that means that we don’t need to bring those skills in house. “Bookkeeper360 provided a window into my business that I never knew I…

We help you stay apprised of these changes and provide advice tailored to your business. Olesia has been my accountant the past 2 years and since then, my Business has been running so smoothly. Not having to worry about things that i’m not good at (bookkeeping) made me focus more on my clients and services.…

In doing so, however, this author cautions auditors not to be so detailed and specific as to cross the line and effectively engage in ICFR system design, which is a management function. The government lumps accountants and auditors together when forecasting career growth, with the forecast looking strong. Bureau of Labor Statistics (BLS) Occupational Outlook Handbook,…

As kanban is rooted in efficiency, the goal of kanban is to minimize the amount of work in progress. Teams are encouraged to complete prior tasks before moving on to a new one. This ensures that future dependencies can be started earlier and that resources such as staff are not inefficiently waiting to start their…