This includes the ability to navigate through the various modules such as invoicing, bank reconciliations, payroll, and reporting. Accountants aiming for Xero certification must also possess a deep understanding...
In addition, we provide bookkeeping and payroll services, to help you get back to running the business you love. The QBI is the portion of your tax return that...
The cost of this type of insurance policy can vary significantly depending on factors such as the insured person’s age, health, desired coverage amount, and the type of policy...
Whether you’ve just launched your business or are a startup veteran, the following section is important. These eight steps will introduce you to the accounting process (if you’re not...
Those using Thomson Reuters GoFileRoom or FileCabinet CS can automatically save the completed return directly without leaving the application. GoSystem Tax RS supports both federal and state e-filing, with...
The proper classification of a note payable is of interest from an analyst’s perspective, to see if notes are coming due in the near future; this could indicate an...
Not only are interest rates typically higher on CDs than savings accounts, but they also incentivize you to leave your funds in place to earn interest uninterrupted. A money...
The rule is that a profitability index or ratio greater than 1 indicates that the project should proceed. A profitability index or ratio below 1 indicates that the project...
The margin of safety formula is equal to current sales minus the breakeven point, divided by current sales. And it provides examples of how to use the margin of...
A balance sheet generated by accounting software makes it easy to see if everything balances. To make your own balance sheet, review the above liability types and include the...