Category: Bookkeeping

The obligation to register for GST arises when a business carries out a taxable activity and their turnover exceeds NZ$60,000 in 12 consecutive months or this threshold is expected to be reached in the next 12 months. Registration is also mandatory if a business charges …

I look at the dashboard and know how many invoices are on the way, when they should be paid, and the average time it takes someone to pay. It keeps me on track and takes a lot out of my hands. Monitor your cash flow, …

Vertical analysis applied to the balance sheet complements the insights gained from the income statement. This dual approach offers a comprehensive view, enabling a more informed financial strategy that covers both earnings performance and asset management. To deepen http://www.in-catalog.com/catalog/countries/moldova_20.html your understanding of vertical analysis, let’s …

Double-entry bookkeeping means that for every journal entry you make in an account, you must make an opposite entry in a different account. Every debit on one account is balanced by a credit to another account. The process of journalizing starts whenever a business transaction …

Counto is a leading provider of compliance services in Singapore including bookkeeping, accounting, company tax filing, corporate secretary, and company incorporation services. Implementing cost control measures is a strategic move that can significantly improve a business’s profitability. By offering our SME accounting services in Singapore, …

Compare cost, overheads and business factors again return to calculate your break even point when selling multiple items/products. Once you know the number of break even units, it will give you a target which you and your staff can aim towards. A break even point …

FreshBooks’ online bookkeeping services help you protect your profits, save you time, and grow your business. In collaboration with Bench (more on them later), we offer expert virtual bookkeeping systems and tax services support. The two platforms work together seamlessly, allowing you to effortlessly bill …

Specific industries like insurance companies and security agencies may also require them. Businesses go into partnerships and other forms of business relationships. But before this happens, they establish the specifics of the relationship through a proposal report. This report can assist with the decision-making process …

Different vendors and service providers may have different requirements for the personal information you include on a check. Some of them will allow you to write in missing information such as a phone number. The more information you have printed on the check, the more …

Most small https://www.bookstime.com/ services also offer the option to import existing lists from CSV and XLS files. Financial accounting is a type of accounting that records, analyzes, and summarizes business financial transactions. Financial accountants create financial statements and provide information about your business’s financial health …