Category: Bookkeeping

We understand the features available and exactly how well they can work with the Square platform too. This guide is a breakdown of exactly what software to use and how to use it with Square. The invoice breakdown in Xero shows you a detailed breakdown of each invoice, including the date, customer, items sold, and… Continue reading How to Integrate Square with Xero Accounting Software?

Before we illustrate a sample statement of activities, let’s take a closer look at its components. Even if a nonprofit is exempt from federal income taxes, it is likely that its employees will be subject to employment taxes. Nonprofits may or may not be exempt from sales taxes, real estate taxes, and other taxes depending… Continue reading Nonprofit Accounting: In-Depth Explanation with Examples

Singapore,f officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country’s territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree of latitude (137 kilometres or 85 miles) north of the equator, off the southern tip of the Malay Peninsula,… Continue reading Services bancaires sur internet et sur mobile SG

The Johor–Singapore Causeway (connecting Singapore with Johor Bahru, Malaysia) is the busiest international land border crossing in the world, whereby approximately 350,000 travellers cross the border checkpoints of both Woodlands Checkpoint and Sultan Iskandar Building daily (with an annual total of 128 million travellers).345 The Land Transport Authority (LTA) is responsible for all land transport-related… Continue reading Espace client Internet, laccès à vos comptes en ligne SG

Different types of vehicles from motorcycles to cars, minibuses, trucks and buses pass through the section of the route. how to choose the right bookkeeper These have different characteristics – they vary in their purpose, size, speed, and passenger or cargo capacity. In Kanban, we limit the WIP to balance utilization and still ensure the… Continue reading What Is Kanban? A Simple Guide to Improve Efficiency

The Statement of Retained Earnings shows how much profit a company has made and how much of that profit has been reinvested back into the company. Both statements can be used to assess a company’s financial health and performance. The Trial Balance is used to prepare financial statements like the Balance Sheet, while the Income… Continue reading CFPB Finalizes Rule to Remove Medical Bills from Credit Reports

Without proper knowledge and understanding of these laws, businesses may face penalties or fines if they make mistakes in their financial statements or tax filings. Online bookkeeping services are available globally and offer a simple and intuitive interface. Dealing with clients or vendors located in different time zones can lead to delays in communication or… Continue reading 6 Best Construction Accounting Software Programs

However, QuickBooks Online lacks construction management features, like equipment management and construction billing. If you are currently using QuickBooks and need to add construction features, you may consider integrating it with a specialized tool, like our best construction software with QuickBooks integration. Most users report having an easy time navigating and using the Foundation software… Continue reading How to Do Accounting for Your Construction Business 8 Steps

For this reason, you should not recognize a liability in anticipation of a future obligation. For example, a plan to acquire assets in the future does not give rise to a present obligation. A Liability is a present obligation of the entity to transfer an economic resource as a result of past events. A prepaid… Continue reading What is the statement of financial position?

It ensures that the contractor meets all requirements and that the customer is satisfied with the performance before delivering the full payment. Generally, contract retainage is specified in the contract and is a percentage, typically five to 10 percent, of the total contract amount. Invoices help ensure that both parties clearly understand what services the… Continue reading Construction accounting for busy contractors