Category: Bookkeeping

The $700 prior period correction is reported as an adjustment to beginning retained earnings, net of income taxes, as shown in Figure 14.14. Retained earnings can typically be found on a company’s balance sheet in…

Remember, however, that you still need to review your budget and keep tabs on your spending to maintain good financial health. These articles and related content is the property of The Sage Group plc or…

I was free to focus on making meaningful progress on my business and helping others change their lives with Alma Modern. The employees who work for bench are super responsive and helpful in determing how…

LMB Mortgage Services, Inc., (dba Quicken Loans), is not acting as a lender or broker. The information provided by you to Quicken Loans is not an application for a mortgage loan, nor is it used…

The fixed asset ratio formula focuses on how efficiently a company utilizes its fixed assets, such as real estate, plant, and equipment, to generate sales turnover ratio revenue. A higher fixed asset turnover ratio indicates…

The average price of outsourcing your bookkeeping needs ranges depending on the number of transactions and complexity of services required. A key benefit of Outsourcing is it gives you the ability to customize the services…