Categoria: Bookkeeping

In this role, you handle more complex financial tasks, such as cost accounting, budgeting, and financial reporting. Attending industry events, joining professional organizations, and building relationships with other professionals in your field can open up opportunities for advancement. Lastly, as a construction accountant, you also need to be familiar with industry-specific jargon and terms. This…

Zoho Books has its own subscription billing software called Zoho Subscriptions. Zoho Subscriptions comes pre-integrated with Zoho Books and can handle multi-currency accounting. With predictable, consistent income, recurring billing makes revenue recognition easier. It enables a company to recognize its revenue upon the delivery of products and services—which helps to track revenue over time instead of all…

Net Book Value helps in reflecting the value of an unutilized asset as on a given date because of which, it is also termed as Net Asset Value or Carrying Value. However, impairment involves an unexpected and extraordinary drop in the value of an asset. NBV vs. FMV: What is the Difference? The net book…

It is necessary to record each such transaction even if the information is limited. In such cases, a company can take the help of a suspense account to record all such unclassified transactions in accounting. Auditors place special emphasis on suspense accounts during their audit procedures. Unresolved suspense accounts may raise red Certified Public Accountant…

A dividend is a payment of a share of the profits of a corporation to its shareholders. Dividends for a corporation are the equivalent of owners drawings for a non-incorporated business. Suppose a corporation currently has 100,000 common shares outstanding with a par value of $10. The amount recognized as income is typically based on…

In addition to being one of the best online bookkeeping services around, FreshBooks offers 100% compliant tax preparation, taking the stress out of this important but time-consuming process. When you work with Ignite Spot Accounting, you’ll get bookkeepers certified in a variety of popular programs, such as QuickBooks and TSheets. If you choose its chief…

It’s vital to have a clear understanding of your cash flow patterns so you can anticipate when you’ll need to make payroll payments and plan accordingly. A business owner has every right to keep payroll in-house, in which case they, or dedicated members of their staff, have total control over the process. Overall costs could…

The involvement of the invoice discounting provider is transparent, and customers are typically instructed to pay invoices directly to the provider. Invoice discounting is often confidential, also known as “confidential invoice discounting,” where the provider’s involvement is not disclosed to the customer. This allows businesses to maintain control over customer communications and service, unlike invoice…

If you previously purchased QuickBooks Desktop licensing, you can continue to use the software as long as you like. However, be aware that support for your product will end three years after its release. Unfortunately, QuickBooks is no longer forthcoming with the pricing of its QuickBooks Desktop products. Outside of QuickBooks Enterprise, pricing for QuickBooks…

We foster open communication with our clients, offering regular updates and encouraging feedback to ensure that our services continually meet client expectations. CapForge excels in offering personalized bookkeeping solutions tailored to each client’s unique needs. Whether a business is just starting out or experiencing rapid growth, our services can easily adapt to meet your growing…