Category: Bookkeeping

These courses focus on bookkeeping fundamentals to help improve bookkeeping knowledge and skills. For example, you might complete the Intuit Bookkeeping Professional Certificate or several bookkeeping fresno other bookkeeping courses offered by universities and companies on Coursera. You typically maintain accurate accounting records across all transactions while communicating with others. What advice would you give […]

The contribution margin ratio (CMR) expresses the contribution margin as a percentage of revenues. A high Contribution Margin Ratio indicates that each sale produces more profit than it did before and that the business will have an easier time making up fixed costs. A low Contribution Margin Ratio, on the other hand, suggests that there […]

We hand-picked the platform for its unique industry-tailored features supporting both financial management and employee scheduling. Simply put, Housecall Pro expertly caters to service-oriented businesses that operate with field teams. It’s all built around customers and suppliers, a decision that makes creating and paying invoices a piece of cake. Access Financials integrates with other native […]

It is important to understand that balance sheets only provide a snapshot of the financial position of a company at a specific point in time. It may not provide a full snapshot of the financial health of a company without data from other financial statements. Noncurrent or long-term liabilities are debts and other non-debt financial […]

Financial position refers to how much resources are owned and controlled by a company (assets), and the claims against them (liabilities and capital). Assets, liabilities and capital balances are reported in a balance sheet, which is also known as statement of financial position. Guidelines for balance sheets of public business entities are given by the […]

This can indicate you need to either tighten up your credit policies or adjust your payment terms. After all, the payment terms you offer on your invoices directly influence when your customers pay you. If most of your accounts receivable balance is in the or column, consider tightening up your payment terms — maybe offering […]

First, you can get a tax deduction for contributions to your HSA each year. Third, when taken correctly, withdrawals from an HSA are also tax-free. You will need the appropriate type of high-deductible health insurance plan to be eligible to contribute to this type of account, and some plans may limit investment options. In contrast […]

QuickBooks Live is limited in the bookkeeping services it offers, and it was penalized for not offering invoicing and bill pay services. You also don’t have access to full-service payroll or the ability to customize a service plan. Tax and consulting services also aren’t offered, so points were deducted there as well. If you want […]

We evaluated Bookkeeper360 based on bookkeeping services, personal bookkeeper, user reviews, tax and consulting services, and pricing. Bookkeeper360 offers tax services that include individual or business income tax filings, local tax filings, 1099 reporting, and overall tax planning and compliance. Included in the tax services is tax advisory, where you can consult your dedicated tax […]

Our mission is to help your organization become more successful. We offer a free initial consultation to individuals and businesses. Find out how we can assist with all of your accounting and tax needs. How much does it cost to hire an accountant? This actually helps the IRS during the peak season and there is […]

As such we will work tirelessly to ensure your complete satisfaction. Active in his community, Howard serves on the board of several nonprofits. A Magna Cum Laude graduate, he holds degrees in accounting, finance, and real estate from California State University, Northridge. We provide assistance in English, Chinese, Spanish, and Farsi. We’ll do the work […]