Sponsor of the Day:
Jerkmate
https://www.bookstime.com/articles/what-is-a-retainer-fee-and-how-it-works
What is a Retainer Fee and How It Works? | BooksTime
Each legal case is a complex challenge that requires deliberate analysis, strategic planning, and a deep understanding of the law.
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https://www.bookstime.com/articles/how-much-does-bookkeeping-cost
How much does bookkeeping cost for small business | BooksTime
Bookkeeping can be compared to visiting a dentist: no one likes it, but everyone must do it. Company owners must keep their books to maintain successful.
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https://www.bookstime.com/articles/how-many-years-can-you-file-back-taxes
How Many Years Can You File Back Taxes | BooksTime
Filing tax returns is the most convenient way of taking care of back taxes. The IRS (Internal Revenue Service) has no official limitations of how long a.
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https://www.bookstime.com/articles/page/75
Articles about bookkeeping and accounting | Page 75 of 79 | BooksTime
Bookkeeping Articles Selection. All you need to know about bookkeeping and accounting. | Page 75 of 79
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https://www.bookstime.com/articles/early-payment-discounts
Early Payment Discounts: Complete Guide | Bookstime
Many companies turn to early payment discounts. What are they and how does a business benefit from offering a discount? Example included.
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https://www.bookstime.com/articles/how-to-handle-an-irs-audit
How to Handle an IRS Audit? | BooksTime
Tax returns are checked automatically without the help of the IRS. But there are situations in which an additional audit is needed. For example, you are...
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https://www.bookstime.com/articles/gross-profit
Gross Profit: Definition and Example | BooksTime
What is gross profit? Definition, explanation and calculation of gross profit. Find out why this measure is important and where you can find it on financial...
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https://www.bookstime.com/articles/business-taxes
How to Calculate Business Taxes | BooksTime
This article will guide business owners and self-employed individuals through the business taxes. Learn about common business taxes and how to calculate them.
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https://www.bookstime.com/articles/outsourced-cfo
What Is An Outsourced CFO And Why Do You Need One? | BooksTime
In today's business environment, firms successfully outsource many activities, including bookkeeping, payroll, IT, and developing and implementing.
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https://www.bookstime.com/blog/how-to-choose-an-accounting-method-for-your-business
How to choose an accounting method for your business | BooksTime
One of an accountant’s basic goals is to keep accurate and useful records of financial transactions. Individuals, small firms, large corporations, and even who.
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https://www.bookstime.com/articles/real-estate-accounting
Real Estate Accounting: A Simple Guide | BooksTime
Real estate is one of the most profitable but, at the same time, one of the most complex industries in the world. It is necessary to invest in many.
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https://www.bookstime.com/articles/how-to-prepare-for-an-annual-audit
How to Prepare for an Annual Audit | BooksTime
An audit is a comprehensive assessment of the economic and financial elements of an organization, verification of the reliability of the information in.
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https://www.bookstime.com/certified-public-accountant
Certified Public Accountant (CPA) 101: Who They Are and What They Do | BooksTime
This article will discuss certified public accountants and their role in the world of business and financing. Aspiring CPAs will also learn about the process...
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https://www.bookstime.com/bookkeeping-services/boulder
Bookkeeping Services in Boulder | BooksTime
Trying to keep your finances in order can be frustrating. That's why we offer a variety of solutions to help you get your life and business back on track.
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https://www.bookstime.com/articles/page/48
Articles about bookkeeping and accounting | Page 48 of 79 | BooksTime
Bookkeeping Articles Selection. All you need to know about bookkeeping and accounting. | Page 48 of 79
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https://www.bookstime.com/success-stories/mayyim-hayyims-path-to-financial-clarity-with-bookstime
Mayyim Hayyim's Path to Financial Clarity with BooksTime | BooksTime
Mayyim Hayyim, a Jewish nonprofit organization founded in 2004, is dedicated to providing a sacred space for the ritual of mikvah — a practice observed during...
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https://www.bookstime.com/articles/page/54
Articles about bookkeeping and accounting | Page 54 of 79 | BooksTime
Bookkeeping Articles Selection. All you need to know about bookkeeping and accounting. | Page 54 of 79
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https://www.bookstime.com/articles/business-accounting
What is business accounting? | BooksTime
Accounting may seem like something other than the most fun part of the business. However, accounting is indispensable.
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https://www.bookstime.com/reviews/faunalytics
Faunalytics Review of BooksTime's Bookkeeping Services | BooksTime
Discover the journey of Brooke Haggerty, Executive Director of Faunalytics, a nonprofit dedicated to animal protection. Brooke faced the challenge of finding a...
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https://www.bookstime.com/articles/semimonthly-vs-biweekly-payroll
Biweekly vs Semimonthly Payroll: What's the Difference | BooksTime
Choosing a payroll schedule may be confusing. Every system has benefits and flaws, which doesn't make it easier to make up one's mind.
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https://www.bookstime.com/articles/customer-invoice
What is Customer Invoice | BooksTime
Meaning An invoice is a document that a seller creates and then sends to the buyer. It relates to a transaction that already took place or will take place.
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https://www.bookstime.com/articles/payment-recovery
Payment Recovery: Tips to Recover Overdue Receivables | BooksTime
Maintaining a stable cash flow is necessary to achieve consistent business growth. Ventures of all sizes strive to implement efficient solutions to enhance...
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https://www.bookstime.com/articles/prepaid-insurance-journal-entry
Prepaid Insurance Journal Entry: Definition and Example | BooksTime
Prepaid expenses The expenses of an organization are recognized as a decrease in economic benefits as a result of the disposal of assets (cash, other.
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https://www.bookstime.com/articles/how-to-calculate-fifo-and-lifo
How to Calculate LIFO and FIFO | BooksTime
The inventory valuation process is very important in accounting. It enables the company to calculate the goods sold and the cost of the remaining.
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https://www.bookstime.com/articles/independent-contractor-tax-form
Independent Contractor Tax Form Requirements | BooksTime
Businesses sometimes seek the help of independent contractors. Hiring a permanent employee can be expensive.
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https://www.bookstime.com/articles/how-to-increase-profit
10 Ways To Increase Profits In Your Business | Bookstime
Profit is a crucial part of being in business. Learn how to increase your business profitability by implementing simple strategies and tips.
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https://www.bookstime.com/articles/accounts-receivable-in-healthcare
Accounts Receivable in Healthcare: AR in Medical Billing Explained | BooksTime
Getting paid in healthcare isn’t always simple. The billing process can quickly become messy between insurance companies, patient responsibilities, and...
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https://www.bookstime.com/articles/stock-splits-and-stock-dividends
Stock Splits vs Stock Dividends | Bookstime
Stock splits and stock dividends might sound similar to beginner investors. In this article, we explain the differences and pros and cons of each.
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https://www.bookstime.com/articles/tax-liability
What Is Tax Liability and How to Calculate It | BooksTime
A tax liability might sound very familiar, yet confusing. However, you should not get scared.
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https://www.bookstime.com/articles/purchases-journal
Purchases Journal: Definition and Example | BooksTime
What is meant by the Purchases Journal? Its definition, the information provided in the special journal, the purchase journal example, and proof of postings.
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https://www.bookstime.com/articles/page/35
Articles about bookkeeping and accounting | Page 35 of 79 | BooksTime
Bookkeeping Articles Selection. All you need to know about bookkeeping and accounting. | Page 35 of 79
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https://www.bookstime.com/author/charles-lutwidge
Author Charles Lutwidge | BooksTime
Charles Lutwidge is a writer with a passion for helping small businesses succeed.
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https://www.bookstime.com/articles/cash-flow-projection
Cash Flow Projections: The Ultimate Guide | Bookstime
The concept and importance of a cash flow projection are explained. We will also review an example of how to do a cash flow forecast for your business.
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https://www.bookstime.com/articles/hubdoc
HubDoc 101 — Simplifying your accounting workflow | Bookstime
Are you looking for an automatic data capture solution for your bookkeeping? Check out this Hubdoc review to see what it is capable of and how Hubdoc can...
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https://www.bookstime.com/articles/taxpayer-bill-of-rights-understanding-your-rights-as-a-business-owner
Taxpayer Bill of Rights: Understanding Your Rights As A Business Owner | BooksTime
All honest and responsible taxpayers in the US have the right to be treated fairly. To protect their interests, in 2014, a ten-point document was adopted.
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https://www.bookstime.com/articles/indirect-method-cash-flow-statement
Indirect Method – Cash Flow Statement | BooksTime
Overview Cash is the most liquid category of assets, which provides the greatest degree of liquidity and, consequently, freedom of choice.
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https://www.bookstime.com/articles/days-sales-in-inventory
Days Sales in Inventory: DSI Definition and Formula | BooksTime
The concept of product turnover determines how quickly the funds invested in goods will return to you, and bring a profit.
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https://www.bookstime.com/best-price-guarantee
Bookkeeping Services That Every Business Can Afford | BooksTime
Make a Margin -- Without Doing The Work Yourself. BooksTime’s rates for accounting and bookkeeping firms are typically much lower than rates for normal direct...
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https://www.bookstime.com/articles/conversion-costs
What are conversion costs: Definition and Example | BooksTime
Definition Businesses where process costing is used, as opposed to job costing, usually have various production stages. At each production stage,.
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https://www.bookstime.com/articles/management-assertions
Management Assertions in Auditing | BooksTime
Management assertions often become nightmarish for people responsible for their preparation. They are used in auditing to ensure which financial records.
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https://www.bookstime.com/articles/bookings-vs-billings-vs-revenue
Bookings vs Billings vs Revenue in SaaS: Key Differences | BooksTime
Running a SaaS business demands that entrepreneurs interpret information on bookings vs billings and revenue accurately. Such parameters are critical when...
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https://www.bookstime.com/blog/accounting-for-technology-companies
The Fundamentals of Accounting for Technology Companies | BooksTime
Technology businesses strive to deliver innovative products to succeed in a volatile and competitive marketplace.
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https://www.bookstime.com/articles/page/17
Articles about bookkeeping and accounting | Page 17 of 79 | BooksTime
Bookkeeping Articles Selection. All you need to know about bookkeeping and accounting. | Page 17 of 79
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https://www.bookstime.com/articles/return-on-investment-roi
Return on Investment (ROI): What Is It and How to Calculate It? | BooksTime
Return on Investment (ROI) is a commonly used metric that facilitates the measurement of financial yield. Enterprises utilize it to analyze whether they...
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https://www.bookstime.com/articles/how-to-calculate-workers-compensation-cost-per-employee
How to Calculate Workers' Compensation Cost Per Employee | BooksTime
Workers’ comp explained Before we start explaining how to find how much workers' compensation you pay on a per employee basis, we first need to briefly go.
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https://www.bookstime.com/tax-rates/oregon
Oregon Income Tax Rates | BooksTime
Oregon is one of just seven states that does not levy a statewide sales tax. This makes it a desirable location for both living and doing business. There is,...
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https://www.bookstime.com/articles/different-types-of-accounting
Different Types of Accounting | BooksTime
What is accounting? The article is intended to cover the different types of accounting, what purpose they serve, and the difference between the two primary...
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https://www.bookstime.com/articles/forensic-accounting
Forensic Accounting: Definition and Examples | Bookstime
What is Forensic Accounting? Learn what forensic accountants do and the differences between financial auditing and forensic accounting.
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https://www.bookstime.com/articles/outsourced-bookkeeping-solutions
Best Outsourced Bookkeeping and Accounting Solutions | BooksTime
Overview Accounting in an enterprise is a serious and responsible task. Loss of necessary information, errors in accounting, inaccurate reflection, and.
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https://www.bookstime.com/articles/page/66
Articles about bookkeeping and accounting | Page 66 of 79 | BooksTime
Bookkeeping Articles Selection. All you need to know about bookkeeping and accounting. | Page 66 of 79
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https://www.bookstime.com/articles/catch-up-bookkeeping
What Is Catch Up Bookkeeping and How It Works | BooksTime
As your small business grows, so do your responsibilities. It becomes increasingly difficult to devote time to different types of work as you concentrate on...
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https://www.bookstime.com/articles/bookkeeping-boston
Bookkeeping in Boston: Accounting service for Small Businesses | BooksTime
Looking for expert bookkeeping solutions for your company in Boston? BooksTime provides comprehensive services, such as forecasting, financial analysis, and...
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https://www.bookstime.com/articles/how-to-calculate-marginal-cost
How to Calculate Marginal Cost | BooksTime
Overview When we talk about the production of any product, we always say that the interaction of different elements and processes allows the raw material.
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https://www.bookstime.com/articles/online-accounting
Online Accounting: The Beginner’s Guide | BooksTime
Thinking about making the switch to online accounting software? Learn what onlineaccounting is, and why it is good for business.
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https://www.bookstime.com/articles/record-keeping-for-small-business
Record Keeping for Small Business: Best Practices | BooksTime
The majority of business owners face bookkeeping issues. Moreover, small businesses often have to work with limited resources, which challenges entrepreneurs.
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https://www.bookstime.com/articles/audit-report
What Is an Auditor's Report | Bookstime
In this article, we define and explain how an audit report works. We also look at a general outline of an audit report with an example and types of opinion...
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https://www.bookstime.com/articles/what-is-record-to-report
What is Record to Report (R2R)? | BooksTime
Have you ever struggled to collect data manually and was overwhelmed with endless report spreadsheets? The intricacies involved in reporting may be quite...
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https://www.bookstime.com/articles/nonprofit-audit
Nonprofit Audit: A Complete Guide | BooksTime
Nonprofit organizations are exempt from filing taxes. But it doesn't mean that the organization won't have to conduct an independent audit since they have.
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https://www.bookstime.com/articles/how-to-become-an-enrolled-agent
How to Become an Enrolled Agent | BooksTime
This article will provide readers a step-by-step process of becoming an Enrolled Agent. It will also give insights about how they get certified by the state...
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https://www.bookstime.com/articles/accounting-and-bookkeeping-for-small-business
Accounting and Bookkeeping for Small Business | BooksTime
Correct financial activity is vital for a small business if you want your company to be successful. Initially, you can play the role of an accountant, but.
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https://www.bookstime.com/articles/what-is-expense-management
What is Expense Management | BooksTime
Managing business expenses is a must for every business, organization, and even self-employed person. It's a rather tedious and challenging process, even.
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https://www.bookstime.com/articles/bookkeeping-for-shopify-sellers
Bookkeeping For Shopify Sellers: A Detailed Guide | BooksTime
The Shopify ecommerce platform has recently come to the attention of many online business owners as a viable alternative to established marketplaces and.
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https://www.bookstime.com/articles/iolta-account
What is IOLTA account | Bookstime
IOLTA account is an important aspect of legal practice. In this article, you will learn more about holding client funds in trust through an IOLTA account.
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https://www.bookstime.com/articles/c-corporation
C Corporation — What is a C Corp? | BooksTime
When should a small business owner use a C-Corporation? What sets it apart from other business structures, and how is it formed? Advantages, disadvantages, and...
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https://www.bookstime.com/faq
BooksTime FAQ | BooksTime
Got questions? We've got answers. If you don't see the answer you're looking for here, get in touch at learn.more@bookstime.com.
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https://www.bookstime.com/articles/what-is-certified-payroll
What is Certified Payroll: Reporting Requirements | BooksTime
When a business is working on a federally funded project as an independent contractor, one of the requirements is submitting a weekly payroll report.
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https://www.bookstime.com/blog/bookkeeping-for-etsy-sellers
Bookkeeping for Etsy Sellers: An Ultimate Guide | BooksTime
If you're like most people who sell commodities on the Etsy platform, you primarily concentrate on your handmade items and the creative side of your firm.
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https://www.bookstime.com/articles/what-is-gaap
What is GAAP and Why Your Company Should Follow It | BooksTime
Excellent accounting provides company management with data for making sound decisions and adjusting business development strategy.
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https://www.bookstime.com/articles/contra-revenue-account
What is a Contra Revenue Account? | BooksTime
What is a contra revenue account? In this article, we define a contra revenue account term and give examples of contra revenue accounts.
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https://www.bookstime.com/articles/how-long-should-you-keep-business-records
How Long Should You Keep Business Records | BooksTime
Every business produces tons of documentation they must keep for some while. But what documents and for how long? It's a topic of great concern for many.
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https://www.bookstime.com/articles/retainage-in-construction
Retainage in Construction: Overview and Best Practices | BooksTime
Many contractors deal with retainage clauses in their construction contracts, a practice prevalent in the area. However, many contractors and business owners...
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https://www.bookstime.com/articles/how-to-calculate-total-equity
How to Calculate Total Equity | BooksTime
Equity in a financial world is a crucial concept and often has different meanings depending on the context. The most common type is related to.
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https://www.bookstime.com/articles/cost-principle
What Is Cost Principle and Why Is It Important | BooksTime
Definition The definition of cost principle is a rule according to which business transactions are reflected in the accounting documents in accordance.
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https://www.bookstime.com/articles/page/67
Articles about bookkeeping and accounting | Page 67 of 79 | BooksTime
Bookkeeping Articles Selection. All you need to know about bookkeeping and accounting. | Page 67 of 79
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https://www.bookstime.com/blog/how-to-run-payroll-for-restaurants
How to Run Payroll For Restaurants | BooksTime
According to the National Restaurant Association, the restaurant industry in the United States employs approximately 15,1 million people. In 2022, this...
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https://www.bookstime.com/blog/how-to-start-bookkeeping-business
How to Start a Bookkeeping Business: Step-By-Step Guide | BooksTime
So you’ve been working as a bookkeeper or maybe a tax consultant or similar, but you are feeling the job getting to you. Maybe it’s the hours, or the...
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https://www.bookstime.com/articles/form-w8
What is a W-8 Form – definition and meaning | Bookstime
In this article, we define Form W-8. We also explain what it is used for and look at the various types of W-8 forms and who should complete them.
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https://www.bookstime.com/articles/food-truck-accounting
Food Truck Accounting: Best Practices and Tips | BooksTime
Small business owners must carefully monitor their finances to understand their current situation and avoid breaking laws. Adherence to strict accounting...
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https://www.bookstime.com/articles/s-corporation
S Corporation — What Is a S Corp | BooksTime
Are you in the process of deciding which business structure is best for your company? In this article, we define S Corporation and compare it with other main...
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https://www.bookstime.com/articles/cost-of-goods-sold
Cost of Goods Sold: What is COGS and How to Calculate It | BooksTime
In the process of analysis and planning, the management usually wants to calculate indicators that characterize the efficiency of an enterprise.
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https://www.bookstime.com/articles/tax-shield
Tax Shield: Definition and Formula | BooksTime
Overview Tax payments is a topic that you get familiar with as soon as you get your first job or start your own business.
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https://www.bookstime.com/articles/retained-earnings-balance-sheet
Retained Earnings on Balance Sheet | BooksTime
A balance sheet is an important financial statement. What is the role ofretained earnings on the balance sheet, and how are they calculated?.
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https://www.bookstime.com/articles/internal-control-in-accounting
What Are Main Internal Controls for Accounting | Bookstime
This article discusses internal controls in accounting and its components. We also review internal control activities and their importance in detail.
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https://www.bookstime.com/articles/what-is-a-performance-budget
What Is a Performance Budget and How to Set One Up | BooksTime
Managing business finances becomes a major obstacle for many entrepreneurs. Without a structured approach, it's easy to overspend in some areas while...
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https://www.bookstime.com/who-we-are
Our Story: Founders and Experts | BooksTime
BooksTime is a leading national bookkeeping firm focused on helping small businesses thrive.
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https://www.bookstime.com/articles/financial-statements-for-nonprofits
Financial Statements for Nonprofit Organizations | BooksTime
In this article, you are going to learn the basics of nonprofit financial statements. See how they compare to common for-profit company statements.
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https://www.bookstime.com/articles/what-is-fund-accounting
What is Fund Accounting? | BooksTime
Accounting in non-profit Accounting information is used by users for decision-making and control. The company's management, having analyzed the accounting.
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https://www.bookstime.com/articles/do-i-need-a-personal-accountant
Do I Need a Personal Accountant? | BooksTime
Control of personal finances is needed even for an ordinary person; however, it takes a lot of time and motivation to perform all the procedures.
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https://www.bookstime.com/articles/quickbooks-payroll-services
Quickbooks payroll services: what is it and how to use payroll | BooksTime
Looking for a payroll solution? Learn about QuickBooks payroll service and how it can benefit your company. Pricing and user reviews are included.
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https://www.bookstime.com/reviews/anthem-business-group
Anthem Business Group Review of BooksTime's Bookkeeping Services | BooksTime
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https://www.bookstime.com/articles/what-is-a-voided-check
What is a Voided Check? | BooksTime
Writing paper checks used to be popular a few decades ago. Today, most people prefer managing their finances online.
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https://www.bookstime.com/articles/how-to-calculate-salvage-value
How to Calculate Salvage Value | BooksTime
Definition It is hard to imagine any type of business without at least some time of long-term assets on its books. They are used in offices, in.
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https://www.bookstime.com/articles/how-to-write-a-grant-proposal-for-a-small-business
How to Write a Grant Proposal for a Small Business | BooksTime
Business owners often have amazing ideas that, if implemented, can change local communities for the better. But where to get funds to implement these.
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https://www.bookstime.com/articles/reversing-entries
What are Reversing Entries | Bookstime
Although reversing entries are optional, they are often using in accounting practice. Learn what they are used for and review an example for easier...
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https://www.bookstime.com/articles/page/28
Articles about bookkeeping and accounting | Page 28 of 79 | BooksTime
Bookkeeping Articles Selection. All you need to know about bookkeeping and accounting. | Page 28 of 79
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https://www.bookstime.com/articles/construction-billing-methods
Construction Billing Methods: Best Practices | BooksTime
Construction billing is frequently a maze. Multiple people involved, changes along the way, and project deadlines all add complexity.
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https://www.bookstime.com/articles/remote-bookkeeping
Remote Bookkeeping: How Does It Work? | BooksTime
If your business is at the phase where you need to recruit an accountant, you will have to choose between on-site or remote bookkeeping options.
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https://www.bookstime.com/articles/ecommerce-bookkeeping
eCommerce Bookkeeping — All You Need to Know | BooksTime
eCommerce bookkeeping can be hard and time-consuming, but it doesn’t have to be. Thereare tools and resources as well as best practices that can make it simple...
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https://www.bookstime.com/blog/page/17
Bookkeeping Blog for bookkeepers | Page 17 of 17 | BooksTime
Welcome to Bookkeeping Blog where we will keep you up-to-date on all things bookkeeping. Read on! | Page 17 of 17
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https://www.bookstime.com/articles/remote-bookkeeping-service
What are remote bookkeeping services | BooksTime
Most business owners take on too many responsibilities. In addition to managing the company, they also play the role of marketers, administrators,.
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