5 Tips for Effective Small-Business Bookkeeping
A bookkeeper is responsible for identifying the accounts in which transactions should be recorded. When it’s finally time to audit all of your transactions, bookkeepers can produce accurate reports that give an inside look into how your company delegated its capital. The two key reports that bookkeepers provide are the balance sheet and the income… Continue reading 5 Tips for Effective Small-Business Bookkeeping
How to calculate depletion expense
To see how the calculations work, let’s use the earlier example of the company that buys equipment for $50,000, sets the salvage value at $2,000 and useful life at 15 years. The estimate for units to be produced over the asset’s lifespan is 100,000. Tracking the depreciation expense of an asset is important for reporting… Continue reading How to calculate depletion expense
QuickBooks Pricing 2023: How Much Does QuickBooks Cost?
Afterward, continue reading our article for a more detailed comparison of the five QuickBooks Online versions. All Plus features for up to 25 users, plus a dedicated account team, advanced business analytics, employee expense management, batch invoicing, workflow automation and more. While cost is an important consideration, it shouldn’t be the only deciding factor when… Continue reading QuickBooks Pricing 2023: How Much Does QuickBooks Cost?