Category: Bookkeeping

The use of vertical analysis as a comparison tool is discussed more fully in our vertical analysis tutorial. Interpreting the vertical analysis results will provide valuable insights into your company’s performance over time. It will enable you to identify areas where improvements are needed and capitalize on strengths. Understanding these results will empower you to […]

If you are not fully aware, click on Commonly used financial terms every new Financial Analyst and Accountant should know! Also, start following our blog and YouTube channel LearnAccountingFinance, so that you can stay up to date with practical information and training (knowledge you can use immediately at your work). It is that portion of […]

Most people who call themselves “freelancers” are considered to be independent contractors by the IRS—the two terms are basically interchangeable. →  You can make an unlimited amount of legitimate tax deductions, but you must keep good records of those purchases in case of an IRS audit. Get $30 off your tax filing job today and […]

Discover how we can help you have better finances with a personalized demo from a Bench expert, ready to answer all your questions. Sign up as a customer today and get a free month of bookkeeping. We design a personalized QuickBooks Online framework specifically for real estate investors, eliminating guesswork and providing you with clear, […]

Our HighReach Learning curriculum programs are thoughtfully designed to foster age-appropriate development by embracing the wonders of exploration, investigation and delightful play! We celebrate each child’s growth by setting typical developmental milestones as goals during these precious early years. You can trust that we will nurture your child’s individual journey, providing a supportive environment where […]

These laws ensure that the process is fair and that the rights of both the creditor and the debtor are respected. Or, the IRS could seize and sell property that you hold (such as your car, boat or house). A seizure; the raising of the money for which an execution has been issued. The lien […]

Features like customizable charts of accounts and the ability to track loans provide greater financial insight. After reading this review, ecommerce merchants should have a clearer perspective of GoDaddy Bookkeeping’s fit for their accounting, bookkeeping and financial reporting needs. Instead, eBay requires that business owners use their own PayPal account to process payments. This can […]

From this calculation, we can see we there was a favorable variance of $500 from the sale of the potted pothos plants. This means the company brought in $500 more than anticipated from the sale of the plants. By understanding what each type can tell you about your own business you can use them together […]