QuickBooks is tailored more for business owners, as it includes tools for accounting, inventory, payroll, tax filing, accounts receivable and accounts payable management. Quickbooks is a […]

Farm accountants extend their role beyond tax planning to financial analysis and budgeting, shaping a farm’s financial future. Effective tax planning ensures efficient cash flow management, […]

If you want your business to save time and money, then you should consider hiring a bookkeeping service. A bookkeeping service can help you stay organized […]

In summary, monitoring KPIs such as Accounts Receivable Turnover and Days Sales Outstanding (DSO) plays a vital role in evaluating the efficiency of a company’s accounts […]

This financial process is where accounts receivable management takes center stage. A high CEI indicates that your collections team is effective in recovering receivables. It’s a […]

Additionally, clients can access on-demand support articles, videos and eLearning classes. Slice the data any way you like — by property, job, cost tax form 1120 […]

Expect to pay somewhere between $25 and $200 each month for paycheck processing, direct deposit, online access, and basic tax filing. A Certified Public Accountant can […]

To reverse the account, debit your Accounts Receivable account and credit your Allowance for Doubtful Accounts for the amount paid. When it comes to bad debt […]

With the account reporting a credit balance of $50,000, the balance sheet will report a net amount of $9,950,000 for accounts receivable. This amount is referred […]