Bookkeeping

Sometimes, the thing might be sold as is, but other times, it might be taken apart and the pieces sold. So, salvage value is the money a company expects to make when they get rid of something, even if it doesn’t include all the selling or throwing away costs. Or, if they want to show […]

By outsourcing tasks like payroll, data entry, and HR administration, businesses can streamline daily operations and minimize the bottlenecks that often slow down workflows. Back-office outsourcing services ensure that these essential yet time-consuming tasks are handled by dedicated professionals, allowing your team to focus on core business strategies. Outsourcing is the practice of hiring an […]

Cryptocurrency Prices, Charts, and Crypto Market Cap It supports transactions on the BNB Smart Chain (BSC), the opBNB L2s, and BNB Greenfield . Besides transaction fees, BNB serves as a governance token, granting holders the ability to participate in the BNB Chain’s decentralized on-chain governance. What exactly are governments and nonprofits doing to reduce Bitcoin […]

The Money Measurement Concept: Quantifying Business Activities It complies with the financial accounting concepts of monetary value measurements, record-keeping in a single measure, and data presentation. However, it lacks the financial management tools such as non-monetary activity recording and measurement. Nonetheless, the money measurement concept provides valuable contributions towards financial accounting and forms the basis […]

Interest Expense: Interest Expense: Its Significance in the Operating Expense Ratio Equation This “fat” in the business is evident in operating expenses being higher than that of a comparable company in the same industry. The “fat” company is likely organizing its operations inefficiently, paying its management and employees too much, duplicating work, or performing unnecessary […]

The stickied FAQ deals with that. There was an error while loading. Please reload this page. No NSFW Content Anyone sharing disturbing content will be banned. Specifically mentioning that “Is chat GPT down posts? Users are encouraged to report posts they feel are of significantly low effort. We read every piece of feedback, and take […]

And it is, but you may still be asking yourself, “Well, what’s it like to run a virtual bookkeeping business? A virtual bookkeeper helps companies stay on financial track, understand their bigger financial picture, and decide where to spend money. You should use a virtual accountant if you are interested in saving money on your […]

Upgrade QuickBooks Pro or Premier to Desktop Enterprise QuickBooks offers a customizable experience in order to evolve as your business demands grow or shift. It includes QuickBooks Time Elite, which tracks employee time, billable hours, employee sick time and vacation time accruals. Simplify e-commerce management and take control of pricing, cash, and inventory—right inside Desktop […]

QB 2021 Premier Desktop version All QuickBooks Desktop Enterprise plans can support up to forty simultaneous users, giving a lot of users access to a lot of system data. Used in conjunction with the QuickBooks Desktop Mobile App, you can snap a photo of a receipt and upload it directly into the application, where it […]

List every open ledger account on your chart of accounts by account number. The account number should be the four-digit number assigned to the account when you set up the chart of accounts. When a business pays $500 for office supplies in cash, the transaction is first entered into the cash book. It details the […]