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Category Archives: Bookkeeping

State of Iowa Taxes Iowa Department of Reven...

Sep 08, 2022
Content Forms: and Pay Welcome to the Iowa Department of Revenue Louisiana Department of Revenue to re-open Monroe regional office…Continue Reading Accessible Forms We made recommendations to IR [more]
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What Is Virtual Bookkeeping and How It Works...

Apr 19, 2022
Every entrepreneur knows that their most stretched resource is the number of hours in a day. Keeping the books up to date is one of the easiest business tasks to delegate effectively. For startups tha [more]
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Crypto-assets and taxes

Feb 09, 2022
Content Demystify Crypto Taxes Select “Enter a different way” on tax import screen Navigate to the “Wages & Income” section Pricing of Crypto Tax Software for Trade and Investors Is c [more]
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FIFO Method What It Is, Why & How to Us...

Oct 05, 2021
As LIFO is the opposite of FIFO, it typically results in higher recorded COGS and lower recorded ending inventory value, making recorded profits seem smaller. This can be of tax benefit to some organi [more]
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Contribution Margin What Is It, Formula, Cal...

Apr 29, 2021
One of the most critical financial metrics to grasp is the contribution margin, which can help you determine how much money you’ll make by selling specific products or services. Gross margin is [more]
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Manufacturing Accounting: A Guide for Manufa...

Apr 13, 2021
The number of cost pools should be minimized to reduce the amount of allocation work by the accountant. This inventory valuation method operates under the assumption that the final product added to a [more]
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Finance Outsourcing: A Comprehensive Guide +...

Feb 15, 2021
Businesses without an in-house CFO can benefit from C-level expertise and experience through fractional CFO leadership. As your business grows, so does the complexity of managing employee compensation [more]
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Notes Receivable Calculations and Journal En...

Feb 01, 2021
Square says that the advantage of this percentage-of-sales method is that the business does not have to make large payments when business is slow. The percentage that Square charges stays constant unt [more]
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