Bookkeeping

BIf we look at the row going right from B, we see a series of years again. This time, though, we can think of the row as containing depreciation in the stated year. The best way to think of this column is to view it as containing purchases in the stated year. Let’s walk through…

Determining when the revenue has been earned can be trickier and should be done with caution. http://www.babyparadise.ru/index.php?productID=1243&discuss=yes Deferred revenue is common for service businesses, but there are sometimes situations in which goods require deferred revenue, such as deposits for large orders. The concept of deferred revenue arises prominently in the construction contracts where revenue is…

Depending on your regular income tax bracket, your tax rate for long-term capital gains could be as low as 0%. Even taxpayers in the top income tax bracket pay long-term capital gains rates that are nearly half of their income tax rates. That’s why some high net worth Americans don’t pay as much in taxes…

The answer is that every great business needs a great bookkeeper. Maintaining all the business accounting, invoicing, bills, inventory, and payroll can be daunting and time-consuming for a business owner, especially while managing employees and the business itself. Your bookkeeping team consists of 3 professionally trained bookkeepers, including one senior bookkeeper who reviews all of…