por Editor | Jul 21, 2020 | Bookkeeping
When you outsource your finances to us, you’ll have access to professionals who are not only experts in finance, but also understand the intricacies of the nonprofit world. Our professional opinion is that the majority of nonprofits will benefit from outsourcing their...
por Editor | May 5, 2020 | Bookkeeping
Your after-tax income gives you a clearer, more realistic picture of your financial status, enabling better budgeting and financial planning. A company with negative net income–or losses–can also be because it’s a start-up firm, which may see years before the...
por Editor | Mar 30, 2020 | Bookkeeping
Depending on your needs, you may want to consider working with both a bookkeeper and an accountant. Once the bookkeeper posts all transactions, the accountant generates a trial balance that lists all business accounts and balances. Accountants will then use the...
por Editor | Feb 3, 2020 | Bookkeeping
There could not be any further depreciation deductions available as a consequence. Fully depreciated assets may be identified and tracked, which helps businesses better plan for asset replacements or improvements. Depreciation costs will reach $500,000 over 20 years,...
