Category: Bookkeeping

Sign up as a customer today and get a free month of bookkeeping. Shortly after you sign up, we’ll give you a call to learn more about your business and bookkeeping needs. On this call, we’ll connect your accounts to Bench, and gather any extra documentation we need to complete your books. BeachFleischman provides accounting,…

Multiply that result by 100 to see the percentage change — in this case, 21.3%. Again, a positive number indicates growth, and a negative number indicates a decline. In this example, take $2.395 billion and subtract $1.975 billion; the result is $420 million. That means that ABC Company increased its total assets by trump proposes…

QuickBooks Solopreneur is a “lite” version of the online product that’s ideal for people who earn income from a variety of sources and helps to separate personal and business finances. Customer support includes 24/7 help freelancers 2020 from a virtual assistant (chat bot) as well as live phone and chat support during daytime hours, Monday…

The journal entry will debit goods as an asset and credit cash as it will be going out or reducing to purchase the goods. Ledger balancing assists in computing how much assets, liabilities or revenue sources, etc., are left with an organization at the end of an accounting year. Using this computation, an organization prepares…

Governments use sales tax to pay for budget items like fire stations or street sweeping. It’s really important to know how much an item is going to cost before you purchase it. It’s not as easy as just looking at the price tag; sales tax must be calculated in order to determine the total cost.…

Additionally, the difficulty in stockpiling building materials in advance further intensifies this vulnerability for contractors. The main difference between construction accounting and general accounting is that construction accounting is project-based. Project-based accounting focuses on transactions that are specific to that project. Stay on Budget with Data-Driven Decisions This reaffirms how important it is to account…

Bench gives you at-a-glance visual reports, which provide you with actionable insight that’ll help grow your small business. Another bonus is that you get to communicate with your bookkeeping service team via chat easily. In addition, Bench has raving online reviews and many integration options. We provide expert guidance for your small business, ensuring compliance…

There are tons of nuances around payroll taxes, and it is one of the few things – along with student loans – that can be discharged even if you file bankruptcy. Even if it is only 5% of your total sales, having a Shopify store and/or selling on additional channels diversifies your revenue streams. Your…