Bookkeeping

Every vehicle that belongs to you as a motor carrier is required to apply for or renew an annual IFTA license. After your application is approved, you’ll receive two decals to validate your IFTA license that are to be placed on your vehicle’s door. The IFTA is a pact between the contiguous U.S. and 10 […]

You’ll also get a dedicated bookkeeper and access to live support. Remote Books Online online bookkeeping has been a great source of bookkeeping support for our business. From early on in 2017 when we started our relationship, they have been very client focused, supportive, professional, timely and detailed. Utilize collaborative tools for real-time updates on […]

If you’re concerned about wasting money or if you aren’t sure about your finances for any reason, you can call us anytime to discuss your options and see what’s possible. We’ve helped many clients understand their finances and become confident again. Our agency combines years of experience in tax preparation, business accounting, streamlined bookkeeping, and […]

Accounting and bookkeeping are often used in the same best practice to hire or outsource for nonprofit accounting conversation because they are both critical to managing finances. When mapping out your process, it’s helpful to understand how accounting and bookkeeping work together and how they differ. Strong nonprofit accounting is a foundational element of how […]

The just-in-time concept helps businesses produce the correct quantity and volume of goods. JIT eliminates safety stock, minimizes storage requirements, reduces handling expenses, decreases obsolescence risk, and improves inventory turnover to reduce inventory costs. Companies typically https://myafricity.com/bookkeeping-terms-a-small-business-reference-7/ save 30-50% on inventory carrying costs while freeing up working capital for other investments. Kaizen – Kaizen principle, […]

By breaking down revenues and expenses into more detailed categories, businesses can better assess which areas are driving profitability and which are incurring costs. This detailed analysis aids in making informed decisions about where to allocate resources, how to cut costs, and where potential growth opportunities lie. A multi-step income statement not only provides detailed […]

CCleaner: Speed Up Your PC and Protect Your Privacy After the Great Depression and the formation of the Securities and Exchange Commission (SEC), all publicly traded companies were required to issue reports written by accredited accountants. A centrally managed solution that keeps all the PCs across your organization clean and up to speed. The management […]

Audrey Hepburn on screen and stage Wikipedia She called it “love at first sight”, but after having her wedding dress fitted and the date set, she decided the marriage would not work because the demands of their careers would keep them apart most of the time. She issued a public statement about her decision, saying […]

Writing currency amounts in their full, long-form text is done for very formal documents like legal contracts, or to eliminate any ambiguity for readers. But in most business situations, the shorthand “$2 MM” is sufficient. Similarly, the best way to abbreviate billions on a resume is “B.” You can spell out “billion,” but don’t use […]

What is the difference between questionnaire and survey Employers receive a notice from the IRS regarding their eligibility to use this form instead of Form 941, based on their past tax liability. In case they have not been instructed to file Form 944, they can file Form 941 quarterly instead. Informational forms are documents you […]