Construction Accounting 101: A Simple Guide for Contractors

However, note that only publicly traded companies or businesses that release financial statements to the public are obligated to adhere to GAAP. In other words, contractors need to find ways to reduce mounting costs when changing job sites. That’s unlike a construction project, where accountants need to take into account — pun intended — labor […]

Property management software for every real estate portfolio

Whatever your reasons for researching property management software, we’re here to help with a guide that includes everything you need to make a smart decision a little more quickly. Choosing the right property management software to organize, optimize and grow your business is a big decision, but it shouldn’t be overwhelming. Use accounting profit the […]

Bookkeeper Job Description

For instance, consider their experience in your specific industry and the bookkeeping services they offer. Someone who’s spent years handling the finances of a construction company won’t necessarily be equipped for the fast-paced environment of an e-commerce business. However, as your business grows and you face increasingly complex transactions or ambitious growth plans, an accountant […]

How Much Does Bookkeeping Cost?

Please see the chart below with data pulled directly from the US Bureau of Labor Statistics 2022 data to learn more about the average salary and hourly rate for bookkeeping. In an ideal world, all your clients would be calculating the intrinsic value of preferred stocks ongoing at a fixed or value-based billing structure. They […]

Best Virtual & Outsourced Accounting Services 2023

Accounting in our accounting firm is an opportunity to use a wide range of modern services related to accounting. Thanks to our services, your business will be able to focus on production, services, trade, etc., and not on the features of accounting, what is bank reconciliation definition examples and process or change the reporting form. […]

Free on Board FOB Definition, Types, Contracts, Pros & Cons

Also, the type of FOB shows which party takes legal responsibility for the goods being shipped, and at what point during transport that responsibility is transferred. The type of FOB to be used is typically designated in a customer’s purchase order, and is also stated on the supplier’s invoice to the customer. The buyer may […]

Small Business Bookeeping Services in Seattle Sound Bookkeepers

Your Balance Sheet, LLC is an Everett business that has been serving the Greater Puget Sound area for over 18 years. Your Balance Sheet, LLC is accredited by the Better Business Bureau and has an A+ rating. The business has won numerous awards including Best of Mukilteo in 2014 and 2015 that was presented by […]

QuickBooks Online vs Xero 2024 Comparison

Xero has a robust set of features, an impressive number of integrations, and strong mobile apps for accounting on the go. This makes it the best accounting software we’ve researched and helped it to edge out Xero in this round. It includes everything in Simple Start, plus bill management tools and a time tracking ability […]

Texas Wildfires: What We Know About the Smokehouse Creek Fire The New York Times

With proper bookkeeping, companies are able to track all information on its books to make key operating, investing, and financing decisions. 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 goal of both reports is to […]

How to Make Financial Projections for Business

Available with or without example text, this template gives you a deeper understanding of your business’s financial trajectory, aiding in strategic decision-making and long-term financial stability. They provide a clear picture of your expected revenue growth and operating expenses. Yes, startups often create projections based on market research, industry benchmarks, and assumptions about their business […]