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May 07, 2024

Charles Lutwidge
Accounting for Churches: Everything You Need To Know

Accounting for Churches: Everything You Need To Know

Church accounting involves the practice of financial records keeping and management specifically for religious organizations. Most churches belong to section 501(c)(3), which means they don’t have to pay federal income tax and can operate under nonprofit bookkeeping guidelines. Although these...

Reading Time 7 mins
3 / 5 (1 voted)
Never Worry About Your Bookkeeping Again
Never Worry About Your Bookkeeping Again

Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.

April 19, 2024

Charles Lutwidge
Partnership accounting meaning

Partnership accounting meaning

Businesses generally fall into three categories: sole proprietorships, corporations, and partnerships. It is essential to know that although there are fewer corporations than proprietorships or partnerships, they carry out at least ten times more operations than other business groups. Each structure...

Reading Time 4 mins
0 / 5 (0 voted)

April 10, 2024

Charles Lutwidge
Accounting For Architects: What You Need To Know

Accounting For Architects: What You Need To Know

Having a fundamental grasp of accounting management as an architect is vital. You should be well-versed in the profitability of your own architectural business, just like you would with the estimation of building projects. In this article, we will talk...

Reading Time 4 mins
0 / 5 (0 voted)

April 03, 2024

Charles Lutwidge
The difference between bookkeeping and payroll services

The difference between bookkeeping and payroll services

Many individuals dream of starting their own business. Typically, it involves engaging in a passion area and, if successful, making a significant profit. However, launching a small business requires thorough bookkeeping and accounting. And, if a firm hires a team...

Reading Time 3 mins
0 / 5 (0 voted)

February 06, 2024

Charles Lutwidge
A Certified Bookkeeper: What Does It Really Mean?

A Certified Bookkeeper: What Does It Really Mean?

You realize it’s the right moment to recruit a certified accountant. Maybe your business is actively growing, and it is starting to be a challenge to monitor finances. Or maybe you are considering selling your firm and need clean books....

Reading Time 6 mins
0 / 5 (0 voted)

January 31, 2024

Charles Lutwidge
Airbnb Accounting and Bookkeeping: Everything You Need to Know

Airbnb Accounting and Bookkeeping: Everything You Need to Know

The Airbnb platform has created a real sensation in the tourism industry. Thanks to a simple interface, tourists may book accommodation in different price categories in more than 220 countries; active advertisements exceeded 7 million. The system also allows realty...

Reading Time 7 mins
0 / 5 (0 voted)

January 29, 2024

Charles Lutwidge
Top 5 HVAC Bookkeeping Tips You Should Know

Top 5 HVAC Bookkeeping Tips You Should Know

Suppose you have started a heating, ventilation, and air conditioning (HVAC) business. In that case, you have spent more than one year studying the operating features of climate systems. But, there is a significant risk that you lack knowledge of...

Reading Time 5 mins
0 / 5 (0 voted)

January 24, 2024

Charles Lutwidge
How to Do Bookkeeping for Your Cleaning Business

How to Do Bookkeeping for Your Cleaning Business

Even if your cleaning firm is as small as one employee, a basket of detergents, and just a few customers, you still need to understand your earnings to budget and pay taxes correctly, let alone large companies. Suppose you have...

Reading Time 8 mins
0 / 5 (0 voted)
Accounting for Churches: Everything You Need To KnowPartnership accounting meaningAccounting For Architects: What You Need To KnowThe difference between bookkeeping and payroll servicesA Certified Bookkeeper: What Does It Really Mean?Airbnb Accounting and Bookkeeping: Everything You Need to KnowTop 5 HVAC Bookkeeping Tips You Should KnowHow to Do Bookkeeping for Your Cleaning BusinessWhat Is Retail Accounting?Insurance Accounting Tips for Insurance AgenciesMastering Car Dealership Accounting: Strategies for SuccessBookkeeping and Accounting for Marketing AgenciesTop Tips for Restaurant Cash Flow ManagementInterior Design Bookkeeping: Tips for Interior DesignersWhat is Cash Flow in Real Estate, and How to Maximize It?Efficient Cash Flow Management for Small BusinessesBakery Accounting: A Recipe for Financial SuccessSecuring Financial Data: Accounting Security TipsA Complete Guide on Accounting for Technology CompaniesBenefits of AI in Accounting and FinanceBookkeeping for Etsy Sellers: Tips for CreativesKey Steps of A Successful Medical Billing ProcessWhat Is GAAP in Accounting, and Why Is It Important for Your Business?The Complete Guide to Successful Sales ForecastingNonprofit Budgeting: Understand the BasicsBest Practices For Effective Accounts Payable ManagementAdvanced Online Bookkeeping Services for Business NeedsRemote Bookkeeping for Small BusinessesA Guide To Financial Forecasting For StartupsAccounts Receivable Outsourcing: 5 Benefits For Your BusinessTravel Agency Accounting: What Agency Owner Needs to KnowHOA Accounting Guide For HOA Board MembersAn Introduction To Oil And Gas AccountingA Complete Guide to Mental Health BillingA Complete Guide on How to Run Payroll for RestaurantsWhy Do You Need To Outsource Invoicing For Your Company?Bookkeeping vs. Accounting: What is the Difference?LLC Accounting: Basics and RequirementsWhat is QuickBooks AccountantHow to Become a QuickBooks ProAdvisor in 3 StepsBookkeeping for Startups: Basics and TipsThe Suspense Account – Everything You Need to KnowOverview of Debt to Asset RatioThe Double Declining Balance Depreciation MethodWhat are Different Types of Liability Accounts?Statement of Comprehensive IncomeAccounting Errors and Error CorrectionsPayroll Taxes and Employer ResponsibilitiesOpening Entry in AccountingBooksTime vs. QuickBooks LiveThe Accounting Industry and the PandemicPresent Value of a Single Amount: Calculation and FormulaA Step-By-Step Guide to Starting Your Own Bookkeeping Business.Bookkeeping 101How to Fill Out Form W-4 2020Coronavirus Aid, Relief, and Economic Security (CARES) Act promises to help small businessesCARES Act: Guide for Small BusinessesPandemic Relief LoansForeign Currency TranslationWhy should you pay attention to the retained earnings line on the balance sheet?What is a Cash Flow Statement?Adjusting EntriesPurchases JournalBalancing off AccountsCash Disbursement JournalPosting in AccountingSales JournalControl AccountsContra Expense AccountAccrual to Cash ConversionWhat is Accounting Transaction AnalysisWhat is the accounting cycle?What Is a Contra Account: Definition and ExampleWhat is a contra revenue account and why is it important to my small business bookkeeping?Royalties in AccountingThe Difference Between Accruals and DeferralsNormal Balance of Accounts: Definition and ExamplesWhat is Unearned Revenue in Accounting?What is a Retained Earnings StatementRetained Earnings Statement ExampleNegative Retained EarningsIs Unearned Revenue a Current Liability or not?A Guide to Prepaid ExpensesHow 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?What is bookkeeping?Unearned Revenue and How It Is Accounted for in BusinessThe Accounting Equation May be Expressed as Assets = Liabilities + Owner’s EquityThe Accounting Equation – Your Guide to Important Accounting EquationsStatement of Retained EarningsStatement of Retained Earnings: Example CalculationRetained Earnings ExplainedWhat is retained earnings normal balance?Cash Basis AccountingHow to use the Retained Earnings Formula to track the profits your business has earned and keptIntroducing Balance SheetWhat is the accounting equation formula?Accrual basis as an accounting methodThe Difference between Daybooks, Journals, Ledgers, and Other Record-Keeping DocumentsHow to meet your bookkeeping needs: employee, contractor, or firm?Choosing an accounting method for your businessNew I-9 form for 2017Bills vs. invoices: what is the difference?What does "accounts receivable" mean?A short primer on accounts payableWhat is cash flowBank reconciliation: a simple explanation
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