Category: Bookkeeping

That income would be reported here, since it’s only tangentially related to your business. The IRS needs to confirm that you were the person actually earning the income, because if […]

If so, use this for the interest payments that are reported on Form 1098 by your bank at the end of the year. Anyone who has W-2 employees and offers […]

AR Automation software enables finance teams to streamline the otherwise manual business process of managing the accounts receivable ledger, delivering invoices and collecting payments. With so many different AR solutions […]

This minimizes chances of errors and human involvement and makes the overall process more efficient. If you’re just looking to solve some of the bookkeeping business names common issues organizations […]

Once you complete the project, you can then issue a final invoice for the entire value of the retainage. As we mentioned earlier, contract retainage can account for 5 to […]

This helps ensure that nothing slips through the cracks in the construction process. For contractors, cost of goods sold (COGS) provides a vital glimpse into the profitability of a project […]

Certified Public Accountants (CPAs) do a lot more than just bookkeeping and taxes. See how a CPA can help your business, whether you need help with payroll or accounts receivable. […]

Learn more about the benefits of small business membership in the U.S. Let us help your business find the best tools and solutions to thrive and grow. We may monetize […]