by 5nTUKqyIDZem | Jun 14, 2024 | Bookkeeping
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 to date, you’ll have a ton of catch up bookkeeping to do during tax season, making a typically stressful time of year...
by 5nTUKqyIDZem | Dec 29, 2023 | Bookkeeping
Although you can track expenses, QuickBooks Simple Start doesn’t enable users to pay bills. QuickBooks Online is one of the preeminent cloud-based accounting software platforms on the market. With five plans available, including a plan specifically for self-employed...
by 5nTUKqyIDZem | Mar 16, 2022 | Bookkeeping
Keep an eye on business spending, without manual bookkeeping. Stop looking under couch cushions—access your receipts digitally, in one place. Send invoices whenever and wherever you want with Wave’s free app for iOS and Android. “It’s not just a cool piece of...
by 5nTUKqyIDZem | Mar 16, 2022 | Bookkeeping
Business transactions can be recorded by hand in a journal or an Excel spreadsheet. To make things easier, many companies opt to use bookkeeping software to keep track of their financial history. The first three basics of bookkeeping discussed above...
by 5nTUKqyIDZem | Jan 19, 2022 | Bookkeeping
Laura started her career in Finance a decade ago and provides strategic financial management consulting. Let’s say someone decides to invest $125,000 per year for the next five years in an annuity that they expect to compound at 8% per year. Annuity issuers may...
by 5nTUKqyIDZem | Jan 13, 2022 | Bookkeeping
The contra equity account usually refers to treasury stock, which is stock that has been bought back by the company, and so carries a normal balance that is the reverse of the normal balance for an equity account. Sometimes called an omnibus account, this is a single...
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