Category: Bookkeeping

Learn how to build, read, and use financial statements for your business so you can make more informed decisions. If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live Bookkeeper’s work. As part of ongoing bookkeeping, your bookkeeper categorizes your transactions and reconciles your accounts each month. If you need…

Maintaining a proper average collection period is the way to receive payments on time and keep them at your disposal. If you lose sight of that, the accounts receivables can get out of hand anytime, leading to funds scarcity. Finance professionals weigh multiple factors to determine the average performance of their company. Predicting Cash Flow…

Here are six aspects of the industry that make effective construction bookkeeping vital. Essentially, WIPs work to combine all your job costing in one place, so you can get both a bird’s eye view of all open jobs, and a granular look into how each one is individually performing. If you want to be able…

Learn how to fill out a receipt book in seven easy steps. Whether you’re a small business owner or a freelancer, mastering how to fill out a receipt book can help you maintain accurate records and run your business smoothly. If you make a small error, like a misspelling or wrong number, simply draw a…

Most businesses have to order supplies and track inventory, and purchase orders are essential for managing the purchasing process. Converting a requisition form to a purchase order form is easy if you are using an electronic procurement system. When the requisition number is attached to the purchase order number, you can easily track the purchasing…

Implement systems to accurately track and report all payments to employees and contractors. Construction bookkeeping is a form of bookkeeping unique to the construction industry. Its purpose is to enable construction companies to have a better understanding of their financial situation through tracking and recording both expenses and incoming payments. Firstly, it allows contractors to…

With Accenture’s transformative solutions, companies can say goodbye to manual data entry and tedious paperwork. Instead, they can embrace a future where intelligent automation takes care of the mundane tasks, allowing employees to focus on more strategic and value-added activities. It’s all done with a touch of humor to keep things light-hearted and entertaining. However,…

Some of the invoicing software options are overcomplicated (i.e., full accounting software) or overpriced. Strong invoicing software for small businesses allows you to create and bill your customers directly. statement of comprehensive income – overview We’ve identified eight of the best invoicing software options to help you find the right fit for your business. When…