Category: Bookkeeping

You can access the value for virtually any reason—and using it toward a down payment might make sense for you.1 Talk with your financial advisor about your options. Each mortgage company has its own set of criteria when it comes to the size of your down payment, credit history, assets and more. Typically, the down […]

Accounting is one of the most important aspects of the journey of a startup, particularly during the early stages. It ensures financial health, regulation compliance, and strategic decision-making according to reports and analytics. It provides real-time reporting for actionable insights into business performance. Accounting Software Options In fact, 38% of startups fail because they run […]

Reducing costs and streamlining operations is the next step to improve Operating Profit. Improving your business’s Gross Profit involves strategies to either increase sales revenue, decrease the cost of goods sold (COGS), or both. Most small business are trying to increase their overall profitability. Formula and Calculation of Operating Profit As an example of gross […]

Call now to speak with our accountant and find the right solution for your business needs. Don’t risk making minuscule mistakes on your payroll and just let us do the work for you. With a trusted bookkeeper by your side, you will have peace of mind that your business is being properly taken care of. […]

They are considered assets on a balance sheet, with expected payments within a year. Accounts receivable (AR) represents the money owed to a company for sales made on credit. Accounts payable and accounts receivable are opposite but interconnected procedures. Major insurers often offer accounts receivable insurance, such as American International Group (AIG) and Nationwide Insurance […]