Bookkeeping Tips for Self-Employed
Being self-employed comes with many responsibilities, one of which is keeping track of your finances. Accurate bookkeeping is essential to understandi...
What makes a good bookkeeper?
A good bookkeeper possesses a combination of skills, qualities, and knowledge that enable them to effectively manage financial records and transaction...
6 KEY MONTHLY BOOKKEEPING CHECKLIST ITEMS
6 KEY MONTHLY BOOKKEEPING CHECKLIST ITEMS Balance your checkbook Review your budget and compare it to your actual spending Reconcile your b...
What is Sensible Investing?
Sensible investing is an approach to managing investments that prioritizes long-term growth, risk management, and financial stability. It typically in...
Reminder- Filing Due Dates
Reminder that 941 Quarter 4 forms are due today, January 31, 2024. Form 1099 MISC recipient copy deadline is January 31. If you are filing through...
What are some of the reasons for a business to go bankrupt?
Business bankruptcy can occur for various reasons, and it's essential to understand the underlying causes to prevent financial distress and bankruptcy...
What is year-end close bookkeeping?
Year-end close bookkeeping, also known as year-end closing or year-end accounting, refers to the process of finalizing a company's financial records a...
The importance of internal bookkeeping audits
Internal bookkeeping audits, often referred to as internal financial audits or financial statement audits, are a vital component of an organization's...
Why Are Non Profit Agencies Tax Exempt
Nonprofit organizations, also known as tax-exempt organizations or 501(c)(3) organizations in the United States, enjoy tax-exempt status for several r...
Job order costing vs process costing
Job order costing and process costing are two distinct methods used in accounting and cost management to allocate costs to products or services. They...