Category Archives: Bookkeeping

For example, if you work as a freelance photographer, you can use the Free Photography Invoice Template. It also allows you to list any costs incurred during the photography session,… Read more »

Additionally, MYOB offers strong payroll management features, which can help you manage your employees’ pay and benefits more effectively. Yes, plumbers and plumbing businesses can benefit from using https://www.bookstime.com/ accounting… Read more »

When you outsource to a company like QX, comprehensive data security measures will be ensured, and you will also have access to high-quality talent with excellent communication skills. The first… Read more »

Use a free trial or ask QuickBooks for a software demo if you’re stuck between products. Our partners cannot pay us to guarantee favorable reviews of their products or services…. Read more »

Thus, any item such as revenue, COGS, administrative expenses, etc that impact the Net Profit figure, certainly affects the retained earnings amount. There can be cases where a company may… Read more »

Online payments allows you to get paid quickly by bank deposit, credit card, and Apple Pay. NerdWallet independently reviews accounting software products before determining our top picks. We collect the… Read more »

Actually, 59% of CPOs surveyed by Deloitte cited inflation as their top organizational risk. Based on the formula above, one can tell whether a company’s actual costs have risen and… Read more »

To generate a fund flow statement, you must first identify the sources of funds (inflows) and the uses of funds (outflows). To produce a money flow statement, identify the source… Read more »

For example, if you own 100 shares of a stock with a $1 quarterly dividend, then you will receive $100 every three months, for a total of $400 per year…. Read more »

Liquidity ratio analysis may not be as effective when looking across industries as various businesses require different financing structures. Liquidity ratio analysis is less effective for comparing businesses of different sizes… Read more »