January 11, 2022
Charles Lutwidge
What’s the Difference Between Purchase Order and Invoice
When you start a business or even try some freelance work, there are many terms and concepts you would need to know. It is likely that you will come across two seemingly familiar terms: purchase order and invoice. To help...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
January 10, 2022
Charles Lutwidge
The difference between the balance sheet and income statement
Main accounting reports Bookkeeping and accounting are meant to fulfill various needs of the users of the information they generate. Therefore, it should contain data on the financial and economic activities, as well as on the current state of the...
January 06, 2022
Charles Lutwidge
What is a Disbursement
Let’s start by defining the word disbursement. What does it mean? It is a process of giving out money or funds from some account. This word is generally used in finance and business and can be applied in at least...
January 05, 2022
Charles Lutwidge
Accounting in Memphis TN
Bookkeeping requires skills, experience, and even the knowledge of specific software used for accounting. Accounting requires a lot of responsibility, but it provides managers with insight into how the business is performing. Check out what are the peculiarities of bookkeeping...
January 04, 2022
Charles Lutwidge
Tax Forms for Independent Contractors: What you need to know
Businesses sometimes seek the help of independent contractors. Hiring a permanent employee can be expensive. In some cases, it isn’t necessary to have an occupation in the company if the job isn’t permanent. In such cases, using the services of...
December 30, 2021
Charles Lutwidge
Bookkeeping Express
Bookkeeping and accounting are two very important parts of having and leading a business. Whether you have a big enterprise or a small developing business, accounting helps in achieving goals. But accounting and bookkeeping are two rather tedious jobs and...
December 29, 2021
Charles Lutwidge
What Is the Current Ratio
Many of us have heard about the concept of “liquidity” and might even have some idea what it means. Liquidity is the ability to pay obligations in full and on time. The most common indicators are Net Working Capital (NWC)...
December 28, 2021
Charles Lutwidge
Accounting in San Diego
Bookkeeping is one of the most important aspects of controlling your business. The process involves the proper recording of all the transactions made by a company. It’s also important to store the data properly as in some states, for example,...
