Bookkeeping

This process involves recording a liability on the balance sheet, representing the obligation to provide goods or services in the future. As the goods are delivered or services rendered, the…

As a robust alternative to systems like Sage and Xero, it automates and consolidates accounting processes across multiple subsidiaries, providing real-time business intelligence and promoting remote collaboration. AccountsIQ enables seamless…

By calculating manufacturing costs, companies can clearly understand the true cost of making a product. Based on this information, the company’s management can add a markup to determine competitive selling…

Tracking all business expenses diligently can lower taxable profits considerably. Failing to report income or claiming ineligible costs can result in tax evasion charges under the law. Retain all profits…

The business’ services include bookkeeping, CPA services, and taxes. Bookkeeping services include income statement, general ledger maintenance, income statements, and checks and balances. Honest Buck Accounting offers an initial consultation…

The financial statements of any business are greatly affected by the choice of inventory valuation method. The balance sheet, income statement, cash flow statement, and other key financial ratios reflect…

Are late payments, manual collections, and cash posting causing repeated headaches for your business? The following guide explores the most common AP pain points and shares the top solutions to…

Instead of withdrawing the interest amount, it is reinvested, then the principal amount for the second year becomes INR 106 (INR 100 + INR 6). The interest earned for the…

Create invoices, take photos of receipts or see your company’s activities from the QuickBooks mobile app anytime, anywhere. Income, expenses, outstanding invoices, and other key business financials are on view…