Bookkeeping

This is a massive tax credit that your company should take advantage of. This is when you take your financial model or projections and compare them every month to your actual results. For example, you compare your accounting numbers versus your projection numbers. The reason why this is so powerful is it brings a lot of scrutiny … Devamını oku…

Because there is no need for all cash transactions to be listed, this method is much faster for handling large accounts. In the accruals basis of accounting, revenue, and expenses get recorded when incurred—not when the money is collected or paid out. This delay makes it challenging to collect and report data using the direct … Devamını oku…