Category: Bookkeeping

  • List of countries by credit rating Wikipedia

    One of the Nordic countries, Denmark, provides an education system that is free for EU/EEA students and those participating in exchange programs. Danish students also receive a monthly stipend to help cover living costs while they study. Part of the European Union, Sweden offers free education to citizens, EU/EEA students, and those with permanent Swedish…

  • The Importance of Construction Bookkeeping For Streamlining Business Operations

    This section will equip you with essential tax tips to optimize your financial strategy and solidify your foundation. With accounting software, you simply enter the data and the software puts it where it needs construction bookkeeping to go. Construction has a unique type of payment structure that includes retainage, Retainage is the amount of money…

  • Wave: Small Business Software Wave Financial

    Bank data connections are read-only and use 256-bit encryption. Servers are housed under physical and electronic protection. Wave is PCI Level-1 certified for handling credit card and bank account information. Create beautiful invoices, accept online payments, and make accounting easy—all in one place. Enable invoice payments through credit card, bank and Apple Pay. Processing fees…

  • Reorder Point Guide: Formula + How to Calculate 3 ROPs

    In this article, we’ll show you why and how to calculate reorder points, give you a calculator, and walk through how you can let Extensiv can do the work for you. Incorrectly managing your inventory comes at a steep price and the likelihood of this happening increases as your portfolio grows. However, many retail companies…

  • QuickBooks Online Pricing: Upfront & Hidden Costs Explained

    You can have up to 3 users per account, which is enough for a small team. You can also assign employee cost rates and automatically five signs it’s time to explore outsourced accounting services add their time to invoices. That way, you can make payments quickly and easily, resulting in happy employees. Business Users can…

  • About Form W-7, Application for IRS Individual Taxpayer Identification Number Internal Revenue Service

    You will only file a tax return to the address above once, when you file Form W-7 to get an ITIN. In subsequent years, when you have an ITIN, you will file your tax return as directed in the form instructions. The above article is intended to provide generalized financial information designed to educate a…

  • About Form W-7, Application for IRS Individual Taxpayer Identification Number Internal Revenue Service

    You will only file a tax return to the address above once, when you file Form W-7 to get an ITIN. In subsequent years, when you have an ITIN, you will file your tax return as directed in the form instructions. The above article is intended to provide generalized financial information designed to educate a…

  • Connect your Amazon Business account to QuickBooks Online

    If you connect an app with a high volume of daily transactions, QuickBooks Online may freeze. To fix or prevent this from happening, you must change the sync options in the app to allow it to bring over a daily summary instead of individual transactions. Income, expenses, outstanding invoices, and other key business financials are…

  • Accounting for Consignment Inventory Definition, Treatment, Journal Entry, and Example

    When you’re talking accounting and business, consignment refers to the consignment sale process. This process is specialized, and it requires its own accounting method. In the consignment process, goods are left with a third-party by a manufacturer or provider. From the consignee’s perspective, there is no need to record the consigned inventory, since it is…

  • Top 8 Accounts Receivable AR Software Solutions

    Accounts receivable software that you can rely on is a gamechanger for businesses that struggle with cash flow due to late payments. GETPAID by FIS Global is one of the most comprehensive end-to-end AR automation solutions today. The platform is best suited for automating order-to-cash processes for large enterprises handling more than 100k invoices per…