Category: Bookkeeping

It’s free to use, and the clear user interface makes it easy for anyone to adopt and navigate, so you can spend more time offering your services and less on managing your business. QuickBooks offers a robust set of tools…

Current liabilities are made up of credit card balances, accounts payable, and any unpaid wages and payroll taxes. Like most assets, liabilities are carried at cost, not market value, and under generally accepted accounting principle (GAAP) rules can be listed in order of preference…

It was a new experience that was very challenging at the beginning. The capsim simulation was a very unique learning simulation that I had never heard of before. It gave me an opportunity to project my theoretical business management and…

By outsourcing your controller services, you can receive strategic assistance and guidance. Being an entrepreneur might put you in a situation where you must constantly monitor every aspect of your company and worry about something going wrong. Making sure your…

If you find a mistake in a reconciliation, don’t worry. Follow the section based on what type of account you’re reconciling. Now, simply compare the transactions on your statement with what’s in QuickBooks. The tricky part is making sure you…

Content I have checked the status of my return and I was told there is no record of my return being received. What should I do? TURBOTAX ONLINE GUARANTEES How often are refund checks mailed? If I owe the IRS…

Most businesses have some expenses related to selling goods and/or services. Marketing, advertising, and promotion expenses are often grouped together as they are similar expenses, all related to selling. Over 1.8 million professionals use CFI to learn accounting, financial analysis,…

A higher education degree is not necessary to enter medical billing and coding. However, a degree in medical billing and coding, healthcare management or another related field could increase job prospects. Other industries need medical coding and billing professionals, too,…

It can help you hone which products are profitable and spot opportunities to drive better results for your existing products. Along with direct materials and direct labor, you must include the cost of manufacturing overhead to ensure you get the…

Once you consider your clients and listed your services, let’s start to bundle your services together. Remember the outcomes have greater value than individual tasks. By the way, educating your clients about the outcomes positions you as an expert instead…