If you’re comparing two companies in the same sector, equity can offer extra context. This retained earnings is especially the case in capital-heavy industries like mining , manufacturing or banking , where assets and liabilities play a big role. When shareholder equity is positive, it can be a sign the company is in decent shape. […]

You and your client will get a notification when cleanup is done and ready for review. With Live Expert Full-Service Bookkeeping, we pair you with a dedicated bookkeeper who will bring your books up to date and then manage your monthly books for you, so you can focus on your business. Full-Service Bookkeeping also gives […]

Using the latest cloud technology in operations like accounting and payroll preparation is among the features that make System Six stand out. To increase income, clients can engage the bookkeepers to conduct invoice tracking and debt collection. In addition, this team can calculate and remit sales taxes to the IRS. This firm’s bookkeepers handle accounts […]

You simply enter the number of employees, total hours worked, and your company’s full-time schedule. The calculator instantly provides your accurate FTE number, making workforce planning easier and contribution margin faster. To calculate the total FTE in your company, first determine the FTE of your part-time workers. To do that, divide the total number of […]

McDirmit Davis desire to be continually active, progressive, and evolving organization. They want to be known as one of the best Orlando firms offering public accounting and financial services. Below are key factors that enabled Grennan, Fender, McCrady, Hess & Poparad, LLP to rank as one of 2017’s top accounting firms rooted in Orlando. Additionally, search […]

From the Deskera “Financial Year Closing” tab, you can easily choose the duration of your accounting closing period and the type of permanent account you’ll be closing your books to. Well, dividends are not part of the income statement because they are not considered an operating expense. That’s exactly what we will be answering in […]

Amortization applies to non-physical assets like patents, while depreciation focuses on physical assets such as equipment, both aiming to reflect the gradual decline in value. Intangible assets are things that can’t be touched, such as goodwill from past acquisitions, copyrights, and patents. Depreciation applies to tangible assets (e.g., buildings, machinery). Even with intangible goods, you […]

These are detailed How Bookkeeping for Law Firms Strengthens Their Finances accounts for each client, tracking all financial activity related to their case. Ledgers include retainer fees paid, billable hours worked, expenses incurred on the client’s behalf, and invoices sent. Law firms must maintain specific documentation related to their operations and ethical responsibilities. The following […]

Financial Additions is assisting a reputable Family Office/Financial Services Firm in Fort Worth with a Staff Accountant position. The ideal candidate will have 2+ years of accounting experience and a bachelors degree. Partner with Marketing, Mechanical, Engineering, and Budgeting teams to identify accounting issues promptly and ensure risks are adequately mitigated. Other Finance Professionals in […]

What IS automated with the automated vendors is price increases. Clients who have switched to us have complained about frequent, often monthly, price increases as their startups’ expenses have grown. Payroll taxes are taxes that ALL companies with payroll pay – even money losing, early-stage companies. This is a massive tax credit that your company […]