Bookkeeping

A cash circulate assertion is certainly one of three documents that make up a company’s complete monetary statements. Check out our guide to accelerating collections to learn more about how this type of support might help your small business enhance …

Reviewing a business’ retained earnings over time can also help a potential investor understand its priorities and give a glimpse into its operations. Retained earnings are calculated by adding/subtracting the current year’s net profit/loss to/from the previous year’s retained earnings …

Advantages and Disadvantages of a Sole Proprietorship Keep accurate records of income and expenses for tax purposes using a separate checking account or personal accounting methods. In conclusion, sole proprietorships serve as an excellent starting point for many entrepreneurs, providing …

Before sharing your fundraising page on social media, consider offering a prize to entice supporters to participate. Nonprofits can find a major donor or sponsor willing to pledge a significant amount if they can raise the same from new and …

Year over Year Sales: Unlocking the Power of Same Store Sales It recently traded at a price-to-earnings (P/E) ratio of about 27 and a forward P/E of just under 26, based on analysts’ estimates for next year. In conjunction with …

For example, a fund that tracks the S&P/TSX, Canada’s main index, is called an index fund. This index fund is likely to have a lower MER than a fund that invests in value stocks. This is because retained earnings the …

Botkeeper Raises $25 Million in Series B to continue helping CPA firms thrive Aaron Gilmer, CPA, MPAc The round was led by Point72 Ventures, the global venture capital firm backed by prominent investor Steve Cohen. Additional investors include High Alpha …

It can become easy to get swamped in paperwork, and you may be tempted to toss your records once your business taxes are filed. The IRS generally does not require receipts for business expenses under $75, except for lodging and …

It allows you to identify trends, optimize spending, and strategize for long-term success. Solid accounting practices are essential for sustainable growth and attracting investors. Choosing the right accounting method from the beginning is a strategic decision that impacts investor relations …