Bookkeeping

Each type of report contains different meanings and messages from auditors to users of financial statements. Different audit reports contain different audit opinions, and the main cause is the different…

There are four main types of pro forma statements that you can use to manage your cash flows and the financial health of your business. They help businesses anticipate future…

Gross profit, a fundamental component of the multi-step income statement, is calculated by subtracting the cost of goods sold from the total revenue. This figure represents the profit earned from…

Every entrepreneur’s and business owner’s life revolves around capital, profits, and losses. However, capital is an important financial resource, which is either in the form of money or assets, that…

Here are some examples of modified or new accounts you may need to set up. Under the accrual approach, income of $5,000 is recognized on the day of the sale.…

The integration provides a seamless payroll and accounting solution. QuickBooks has three payroll online plans between the range of $45- $125 for every employee per month and an additional $4-…