Bookkeeping services for small business can include recording day-to-day transactions in your business accounting software, reconciling end-of-month bank statements, and producing monthly financial statements. Providers of bookkeeping services also often invoice clients’ customers, pay their bills, and process their payroll. A…

Companies with multiple bank accounts and more complex financial close processes must perform reconciliations more often. FloQast’s account reconciliation software solution is an Excel-agreeable option for organizations looking to centralize their month-end close and ensure accurate financial statements. Automatic verification…

Lawyers experience this all too often—on cases that no one intended to be pro bono. Sadly, collecting law firm receivables may be one of the more challenging aspects of your legal career. If you send your invoices 2-3 months after…

If you have an application for an SSN pending, do not file Form W-7. Complete Form W-7 only if the Social Security Administration (SSA) notifies you that an SSN cannot be issued. An ITIN makes it possible for an illegal…

Therefore, a credit shows that an obligation is due to another party. Credit short typically means “CR,” the abbreviation used in financial contexts to denote that an account has been credited or has a positive balance. In financial terms, “credit”…

Look at their LinkedIn to see if their past experience suits your business needs. Our intuitive software automates the busywork with powerful tools and features designed to help you simplify your financial management and make informed business decisions. Designed for…

If you are a "numbers person" or interested only in the accounting profession, the CPA may be better for you. Though known for their role in income tax preparation, CPAs can specialize in many other areas, such as auditing, bookkeeping,…

These financing activities could include transactions such as borrowing or repaying notes payable, issuing or retiring bonds payable, or issuing stock or reacquiring treasury stock, to name a few instances. Gains and/or losses on the disposal of long-term assets are…

A consulting gig is typically temporary, designed to help your client with a specific problem or situation, such as determining which entity type is the best for their new venture. You would consult on that, offering an analysis from an…

Unlike QuickBooks Premier, which lets you have five users, QuickBooks Pro has a maximum of three. It also only comes with 100 types of reports, compared to Premier’s more than 150 industry-specific reports. Learn more about the differences between these…