Streamline your petty cash management, save time, and ensure accuracy. Instead of having a general fund for small expenses, you can set limits for specific purchases. For example, you can create a category for client gifts and set the limit at $50 per month. The biggest perk to using a business card is that it […]
As a QuickBooks ProAdvisor, you’ll earn points and rewards for things you already do, like adding clients, completing training, and getting certified. Sign up for on-demand or real-time training, from beginner to advanced levels, all while earning CPE credits. Before proceeding, please know that regular QBO users aren’t qualified to take the certification. To be eligible […]
This negatively affects net profit, lowering the net profit margin for the company. Companies can also hold onto profits for use in future years; this is reported on a company’s financial statements as the total amount of retained earnings. Let’s face it, any company’s most important gross margin accounting goal is to make money and […]
To avoid late payments (oh-so-common for freelancers) you can charge an interest rate on late payments i.e. a penalty for each day the invoice remains unpaid. The Established plan will cost you $60 per month and also adds the capability to manage expenses and projects, including time tracking. All plans include late payment reminders, unlimited […]
Bookkeepers are usually responsible for documenting or checking financial data for a company or client, including checks received or written, invoices, cost spreadsheets, and monthly or quarterly revenue. A bookkeeper is skilled at keeping documents and tracks a wide net of financial information. As an accountant, you must pay attention to figures and financial details, […]
