Category: <span>Bookkeeping</span>

Accounting for miscellaneous costs can be hard because it often requires sorting out different costs and putting them in the right category. Keep track of fees you pay for consultants and services from outside professionals who advise you on business matters, because those miscellaneous expenses are tax deductible. A miscellaneous expense refers to a cost...

Nel mondo delle scommesse, l’interesse verso i tornei di titoli come Dota 2 e League of Legends è cresciuto esponenzialmente. Gli appassionati non solo seguono le partite, ma cercano anche strategie di betting per ottimizzare le loro scommesse e massimizzare i guadagni. Attraverso un’attenta analisi quote, è possibile individuare le migliori opportunità per puntare e...

When a company has spent on something but has not paid for it yet, it is called an ACCRUED EXPENSE. The informational roles of a manager include the monitor role, the disseminator role, and the spokesperson role. Explore these three informational roles of a manager by reviewing a detailed explanation and exploring situational examples. This...

Smartsheet provides a better way to unify collaboration and automate workflows so you can spend more time on the work that matters. Feeling inundated with too many spreadsheets, repetitive data entry, and version-control issues? If the structure or mission of your organization seems to share some things with them, that’s a good sign that you...

The amount of working capital does change over time because a company’s current liabilities and current assets are based on a rolling 12-month period, and they change over time. Positive working capital generally means a company has enough resources to pay its short-term debts and invest in growth and expansion. Conversely, negative working capital indicates...

Before we get into accounting methods, it is important to know what bookkeeping entails and how it all fits in. Now, as you may know, storing paper receipts can get a little messy. And while they can just as easily be stored in a shoebox, it is better to keep them in an organized manner...

Accountants use ratios to analyze financial statements and identify areas for improvement, such as reducing costs or increasing revenue. We can easily find the ratio of two numbers by just simplifying their fraction and then finding their simplest form. For example, we have two numbers ‘p’ and ‘q’ and we have to find their ratio....

Payment gateways play a crucial role in the recurring billing process by securely processing and managing the transactions between customers and businesses. They ensure the safe transfer of payment information, validate transaction details and facilitate the authorization and settlement of payments. Choosing a reliable payment gateway with comprehensive support for recurring payments is essential for...

The numbering follows the traditional format of the balance sheet by starting with the current assets, followed by the fixed assets. It is a very important financial tool that organizes a lot of financial transactions in a way that is easy to access. Because transactions are displayed as line items, they can quickly be found...

However, more knowledge is always an asset, and a bookkeeping certificate can make your resume look more attractive, potentially helping you to gain clients. In that case, whether you’re a freelance bookkeeper with several clients or simply looking to handle the bookkeeping for your own business, FreshBooks can help. Our cloud-based bookkeeping software solution is...