Categoria: Bookkeeping

We offer a wide variety of accounting services including budgeting, payroll processing, cash flow analysis, and much more. With our support, you can focus your time and efforts on running your business and leave the accounting to us. We also work closely with our individual clients to reduce tax liability, plan for retirement, create a […]

The CAO oversees the preparation of budgets, forecasts, and long-term financial plans for the business. An accounting officer is more likely to be in charge of keeping accurate records of every day’s transactions, balancing accounts, and figuring out why the budget went over or under. They may also have to make regular financial reports like […]

If the foreign entity later becomes liable to file a U.S. tax return, the foreign entity should not apply for a new EIN, but should instead use the EIN it was first issued on all U.S. tax returns filed thereafter. Those affected by Hurricane Beryl in Texas and Hurricane Debby in some states in the […]

Once you’ve accessed the reconcile feature, you can review and compare your transactions with those on your credit card statement, ensuring that the financial records are in sync. Utilizing this online platform streamlines the reconciliation process, allowing for real-time updates and immediate access to account information. This significantly reduces the potential for error and ensures […]

A formal employment agreement is not technically necessary from a legal standpoint. Most employees do not have written agreements, but it is always better to have one that sets out roles and responsibilities, payment and other important aspects of the relationship between the company and employee. We offer recruiters, human resources departments and small businesses […]

In QuickBooks Online, businesses can create categories specifically tailored for their products and services, ensuring accurate financial classification and reporting for their offerings. After importing categories, it is important to review and organize them within QuickBooks. Ensure that the imported categories are properly assigned, and any necessary adjustments are made. Businesses can create specific categories […]

That way, you can be well prepared when it’s time to file taxes with the IRS. Without any hiccups or last-minute scrambles, you’ll be able to enter tax season confidently. Online bookkeepers should also be available for virtual meetings so that you can ask questions, go over reports, and strategize for the future. Other popular […]

For almost 20 years, QuickFee has offered law firms a full suite of solutions to manage Accounts Receivable and online payments more effectively. That’s why our platform makes it easy for your law firm to accept ACH payments, eChecks, credit cards, and financing plans, all through our secure payment portal. Improving your accounts receivable process […]

In addition to the universal general accounts that are prevalent in most entities, each entity will include certain accounts that are particular to its industry sector. Instead, each entity has the flexibility to customize its accounts chart to fit the specific individual needs of the business. Let’s look back in history to see how people […]

Here are three commonly used process costing methods to arrive at production costs over an accounting period that reflects in financial statements. On the other hand, process costing aggregates costs over a continuous production cycle. Instead of tracking costs for individual jobs, process costing focuses on assigning average costs to each unit produced during a period. Operation cost […]