From a payment plan to an Offer in Compromise and currently not collectible status, understanding these options can provide much-needed relief and a path to financial stability. To file taxes…
The longer you go without doing it, the longer it will take to catch up. It won’t just be that you have more transactions to do, it will take longer…
There are mainly three types of liabilities except for internal liabilities. Current liabilities, Non-Current liabilities & Contingent Liabilities are the three main types of liabilities. The settlement of liability is expected…
Companies must now use the lower cost or NRV method, which is more consistent with IFRS rules. The net realizable value is an essential measure in inventory accounting under the Generally…
Both the above are two different forms of international shipping agreements where the cost sharing and the rules and responsibilities of both buyer and seller of goods are defined. The…
Do you regularly take part in international trade or deal with foreign entities? There are lots of rules and regulations that surround what you can ship, how you can ship…
A few businesses use manual bookkeeping with only a few transactions. This involves manually recording every transaction in a journal or ledger and calculating totals and subtotals. The balance sheet…
Outstanding shares represent a company's shares that are held by investors, whether they're individual, institutional, or insiders. Investors can find the total number of outstanding shares a company has on…
You can create an unlimited number of invoices and estimates, track your expenses and manage up to 1,099 contractors. You can bring live bank feeds into your account and access…
With a few simple systems in place, you can be sure you are accounting for all your income and expenses and can be confident in your financial analysis. Once we…