Bookkeeping

The two key reports that bookkeepers provide are the balance sheet and the income statement. The goal of both reports is to be easy to comprehend so that all readers can grasp how well the business is doing. Accounting is the umbrella term for all processes related to recording a...

For passenger automobiles and other means of transportation, allocate the property's use on the basis of mileage. An improvement made to listed property that must be capitalized is treated as a new item of depreciable property. The recovery period and method of depreciation that apply to the listed property as...

Therefore, we’ll ensure that you comply with tax regulations while you grow your business and increase your margins with our accounting services for real estate developers. This involves recording rental income, managing expenses, handling accounts payable and receivable, and preparing financial statements. Accurate bookkeeping helps you understand your cash flow, profitability,...

In a dynamic discounting program, the supplier chooses if, when, and which invoices to advance payment on. The discount rate is a sliding-scale annual percentage rate (APR), meaning the discount taken varies based on the date of supplier payment. Because early payment discounts are optional for your customers, they’re not...