Articles

July 07, 2020

Charles Lutwidge
Ignite Spot Review
Ignite Spot Review

Most large businesses have a fully staffed accounting department, including a CFO and staff accountants, to perform basic accounting functions. Unfortunately, the majority of businesses cannot the cost of a complete accounting team. Thus, they hire a CFO and overpay them..

Articles

July 07, 2020

Charles Lutwidge
Amortization: Explanation and Examples
Amortization: Explanation and Examples

Amortization is a term that you will come across in the business and accounting world. Its definition can vary based on the context of its use. For instance, the amortization can mean paying off debt or a loan over a period..

Articles

July 07, 2020

Charles Lutwidge
Fixed Asset Accounting
Fixed Asset Accounting

From an accounting perspective, fixed assets – an item with a useful life greater than one reporting period, depreciated over time. Fixed assets are also known as capital assets and tangible assets. These are items that an organization purchases for long-term..

Articles

July 07, 2020

Charles Lutwidge
Double-Entry Bookkeeping
Double-Entry Bookkeeping

Double-entry accounting, also known as double-entry bookkeeping, is a set of accounting rules. It serves as the foundation of accounting rules across the globe. Double-entry is an accounting principle that ensures that the accounting equation remains balanced at all times. This..

Articles

July 07, 2020

Charles Lutwidge
Cost of a Bookkeeper: Can Your Business Afford One?
Cost of a Bookkeeper: Can Your Business Afford One?

How many hours do you spend on your books? Are you feeling overwhelmed? Or simply just do not have time to do it? Did you know that bookkeeping will give you time and money? While employing a bookkeeper may be a..

Articles

July 07, 2020

Charles Lutwidge
Business Taxes: What are they and how do you calculate them?
Business Taxes: What are they and how do you calculate them?

Getting on top of your taxes, whether personal or business, can relieve a lot of stress. In this article, we will give you a quick overview of common business taxes you will have to pay. Moreover, we will explain who has..

Articles

July 07, 2020

Charles Lutwidge
Acuity – Accounting and Bookkeeping Services
Acuity – Accounting and Bookkeeping Services

Acuity is a company that provides bookkeeping and accounting services for small businesses. Like many bookkeeping companies, it does it fully online, so you do not have to provide additional office space and incur other expenses to have an in-house bookkeeper..

Articles

July 07, 2020

Charles Lutwidge
Introduction to Cash Flow Forecast
Introduction to Cash Flow Forecast

Cash Flow Forecasting Explained Managing your cash flow and cash flow forecasting is so essential in a business. A cash flow forecast is a tool that businesses use to estimate cash inflows and cash or the movement of money into and..

Articles

July 07, 2020

Charles Lutwidge
CPA Exam Cost and License Fees
CPA Exam Cost and License Fees

Before you are considered a CPA, you need not only to study a lot, but also invest a significant amount of your finances. From applying to the exam to receiving your official CPA license, there are lots of fees involved. However,..

Articles

Ignite Spot ReviewAmortization: Explanation and ExamplesFixed Asset AccountingDouble-Entry BookkeepingCost of a Bookkeeper: Can Your Business Afford One?Business Taxes: What are they and how do you calculate them?Acuity - Accounting and Bookkeeping ServicesIntroduction to Cash Flow ForecastCPA Exam Cost and License FeesBill Pay AutomationOverview of the Best Invoicing ToolsBest Payroll Software for Small BusinessesBest Accounting Software – Top 5 ChoicesHow to Hire an AccountantA Guide to Your Own Virtual Bookkeeping BusinessOverview of Fractional CFO ServicesOutsourced BookkeepingProperty Management Accounting GuideA Guide to Real Estate EscrowCryptocurrency AccountingIntroduction to Financial Statements for NonprofitsStartup Bookkeeping: Basics and TipsYour Guide to Real Estate TaxesRemote Books Online ReviewLedgerGurus Review: Virtual and Outsourced Accounting25 Highest Paid Occupations in the U.S. for 2020The 5 Richest People in the World and How Coronavirus Affected ThemHow to Fill Out Form W-4 2020The Best Practices for eCommerce BookkeepingPart-time Bookkeeping - A Solution to Your Small Business ProblemsRemote Bookkeeping for Small BusinessesBill.com ReviewOnline AccountingQuickBooks Self-Employed – a Bookkeeping Service with Online LoginWhat is a Bookkeeper?What is QuickBooks Payroll Service?Deductible ExpensesWhat is Gross Profit?What is Deferred Revenue?1-800Accountant ReviewBench Accounting ReviewReview of BotkeeperReview of inDineroWhat is Indirect Cost?What is petty cash, and why is it important for small businesses?Foreign Currency Translation — International Accounting BasicsWhat is a C Corporation (C Corp)?SmartBooks ReviewReview of KPMG SparkWhat is an S Corporation (S Corp)?Pilot Bookkeeping Service ReviewADP Run Review: Payroll Software for Small BusinessesGusto ReviewHubdoc 101: The Basics from Hubdoc Reviews ExpertsReview of ScaleFactor BookkeepingWhat are Financial Statements?What is an Income Statement?What is a Cash Flow Statement?What Are 1099s?Tax Season 2020: What You Need to KnowNetSuite ERP ReviewKashoo ReviewGoDaddy Bookkeeping ReviewsSage 50cloud ReviewSage Intacct ReviewWhat is QuickBooks Accountant?How to Become a QuickBooks ProAdvisor in 3 StepsAccounting Profit and LossPayroll Taxes and Employer ResponsibilitiesZoho Books Review — What You Need to KnowAdjusting EntriesPurchases JournalOpening Entry in AccountingWhat is Xero?Wave Accounting Review — What You Need to KnowTurboTax Review – The Best Online Tax Preparation Software or Not?Intuit Payroll ReviewWhat is FreshBooks?Balancing off AccountsCash Disbursement JournalWhat is QuickBooks?Different Types of AccountingPosting in AccountingSales JournalControl AccountsContra Expense AccountAccrual to Cash ConversionTypes of Error in AccountingAccounting Transaction AnalysisWhat is the accounting cycle?What is a general ledger account?Royalties in AccountingAccruals and DeferralsWhat is the accounting equation?Retained Earnings StatementRetained Earnings Statement ExampleA Guide to Prepaid ExpensesThe Agent BackgroundHow much does an EA earn?What is the Special Enrollment Exam?What is the accounting equation?What are Retained Earnings?What is an enrolled agent, and does your business need one?Unearned Revenue and How It Is Accounted for in BusinessStatement of Retained EarningsStatement of Retained Earnings: Example CalculationRetained Earnings ExplainedWhat is retained earnings normal balance?What CPAs areCash Basis AccountingIntroducing Balance SheetWhat is the accounting equation formula?Accrual basis as an accounting methodWhat is bookkeeping?Why is accounting important?

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