Bookkeeping

It provides critical information on a company’s liquidity, solvency, and capital structure and is vital for assessing the company’s financial stability and capability to handle […]

This represents the total income before tax obligations are accounted for. This is all the income or money received by the business throughout the period. […]

If a business incurs expenses that directly relate to the revenue generated in a particular accounting period, those expenses are recognized in that same period. […]

The insurance company will use past auction results for salvage vehicles to determine how much of their costs they can recoup if the car is […]

A note payable is an unconditional written promise to pay a specific sum of money to the creditor, on demand or on a defined future […]

Track gas, oil, insurance, and repair and maintenance spending. There are two options to write off the costs of using your vehicle for business. You […]

Trust your accounting to experienced Minneapolis, MN CPA firm firm Scott Reid CPAs. We’ll take care of the financial end of your business so you […]

In many cases, are notes payable and accounts payable the same a company may be restricted from paying dividends or performing stock buybacks until the […]

Popular invoicing apps have integrations with banking service providers and payment gateways, which allow you to accept payment by transfer, card, or even crypto. Choose […]

Data security and privacy are one of the many reasons it is important to choose the bookkeepers near me right company to help with your […]