Category Bookkeeping

In many states, candidates with a degree in any subject can become CPAs if they meet the educational requirements, which often include specific accounting and business courses. Some states also allow candidates with a combination of education and experience in…

If, for example, you earn a gross salary of $52,000 a year, and your gross pay vs net pay company pays you on a weekly basis, your gross income is $1,000 a week. Using automated payroll software can help you…

Your employees will not just magically get acquainted with the process and guidelines. These training sessions should educate the employees on the company’s expense policies, how to make expenses when on a trip, and how to file for reimbursements the…

What’s more important is having a strong understanding of accounting principles and financial management, which can often be gained through on-the-job training, online courses, or vocational schools. Bookkeepers need to possess strong numerical skills and an attention to detail to…

Security is one of the most important factors when managing cross-border payments. A single mistake or vulnerability can delay the transfer, expose sensitive information, or affect your relationship with the contractor. Each country has its own definition of what…

In many states, candidates with a degree in any subject can become CPAs if they meet the educational requirements, which often include specific accounting and business courses. Some states also allow candidates with a combination of education and experience in…

Cash shortage usually happens when the actual cash on hand received from sales is less than the total amount in sales receipts for the retail business. For other types of businesses, it usually occurs when the cash on hand, left…

For this situation, a clearly defined decommissioning plan prepared well in advance of the lease termination is recommended. Engaging the lessor and regulatory agency for input and approval in this plan is also recommended so that there are no surprises.…

This not only promotes innovation and resilience but also positions your organization as a forward-thinking, socially-responsible entity. Our managed procurement service handles the intricacies of your procurement processes, from sourcing to payment. By leveraging our expertise, you gain the freedom…

Let us understand the advantages of private equity accounting through the explanation below. Assets represent everything a company owns that has economic value, such as cash, accounts receivable, inventory, property, and equipment. Liabilities represent what a company owes to outside…