Bookkeeping

August 21, 2023

Xero vs QuickBooks Online: Which is Better?

There’s time tracking in all plans and phone support is available from 8 a.m. The first two plan tiers put a limit on billable clients, but […]
August 17, 2023

How to reconcile an account in QuickBooks Online

You’ll know you reconciled your credit card balance successfully when the difference between your statement ending balance and cleared balance is zero. If there’s a transaction […]
August 7, 2023

What is the FICA Tax and How Does It Work?

The revenues from this tax finance the nation’s Social Security program and Medicare program. Self-employed persons pay both halves of both taxes for a total of […]
August 7, 2023

QuickBooks Online Pricing, Costs and Plans for 2024

Get a clearer view of project profitability for all your projects with user friendly dashboards and detailed reports. Unlike QuickBooks, customer support is only offered through […]
August 3, 2023

Types of Director under Companies Act 2013

The Indian corporate sector and our economics in the international market are growing due to the government’s attempts to liberalize foreign investment rules and create a […]
July 31, 2023

Understanding the Cost of Bookkeeping for Small Businesses

By having access to this data, businesses of all sizes and ages can make strategic plans and develop realistic objectives. Unlike accounting, bookkeeping zeroes in on […]
July 26, 2023

What is an outside accountant?

For smaller businesses, or those that only use an office landline, your monthly bill can be expensed to your utilities account. Some smaller businesses combine printing […]
July 13, 2023

How to Set up Contra Accounts

For industries that rely on natural resources — mining, logging, oil, gas — depletion tracks the gradual exhaustion of the raw material in question, offsetting that […]
July 7, 2023

What is contribution margin?

A good contribution margin is positive as this means a company is able to use proceeds from sales to cover fixed costs. The gross margin profit […]
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