Accounting for small businesses is an important function that should not get overlooked. The accounting function encompasses three broad categories of necessary tasks: Recording the financial transactions ie: Bookkeeping. Classifying these transactions: Current Assets...read more
Do you know the importance of keeping good business financial records? The first one that might come to mind is to make the annual income tax reporting process go as smooth as possible. That is certainly a very good reason to keep the company bookkeeping records...read more
What We Do - and Don't Do We give our clients a competitive advantage by specializing in providing professional bookkeeping and payroll services. We are an outsourced yet personalized option offering these two services while being very dedicated to timeliness,...read more
Single Vs. Double Entry Bookkeeping Most people have used a check register to track their checking or savings account transactions, both deposits and withdrawals. Your checking account register is the best example of a single-entry bookkeeping system. You track your...read more
There are many resources for the aspiring entrepreneur to utilize in the Biggest Little City. We have a great outreach team up at The University of Nevada, Reno, College of Business through the Small Business Development Center. We have access to the free business...read more
Here are 2 Income Statement (P&L) Accounting Margins For Small Business Owners Profit & Loss (P&L) Statement Margins: Gross Profit Margin (GPM) = Gross Profit (GP) / Revenue GPM is a metric telling a business what the ratio of Revenue minus COGS (Cost of Good Sold)...read more
Note: This article was first published on LinkedIn.com on October 13, 2017 By Charley Blewett Tax planning involves taking advantage of all legal deductions, exemptions, business expenses, and other means to legally lower one's tax liability. It is both legal and...read more
* Disclaimer *
The information provided on this blog is for general informational purposes only. We do not offer any specific tax, accounting, legal, or other advice on these blog posts and always suggest that you seek professional counsel for your specific requirements.
Sed ut perspiciatis unde omnis iste natus voluptatem.
13005 Greenville Avenue,
California, TX 70240
+22 140 006 754