Category: Bookkeeping
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Have A Minute? Watch A Free Yardi Breeze Video
Yardipedia offers a wide range of free training materials that cover various aspects of the software. Whether you’re looking to learn about specific modules within Yardi or want to explore advanced features like budgeting and forecasting, Yardipedia has a wealth of information available at your fingertips. One popular YouTube channel for Yardi training is “Yardiversity.”…
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Understand Present Value of Annuities: Formula & Calculation Guide
If payments are made at the end of each period, a different set of tables, called present value ordinary annuity tables, must be used. As can be seen present value annuity tables can be used to provide a solution for the part of the present value of an annuity formula shown in red. Additionally this…
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Going concern: IFRS® Standards compared to US GAAP
We may earn a commission when you click on a link or make a purchase through the links on our site. Regardless of its weak financial standing, the National Company is still considered a going concern. The laws that bind corporations in all countries state that a company is presumed to have an uninterrupted existence…
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Ultimate Guide to Choosing E-commerce Accounting Software
The mobile app works with Xero accounting software to help you run your small business from anywhere. Keep track of your unpaid and overdue invoices, bank account balances, profit and loss, cash flow, and bills to pay. The mobile app is free with every subscription, and is compatible with iOS and Android. The cost of…
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How Much of Your Money Should Be in Stocks vs Bonds
If the company does well, stock prices may rise, helping you to sell at a profit. All else being equal, someone with a high risk tolerance may be more inclined to own stocks because they’re willing to stomach the volatility in exchange for the high return potential. Before investing in stocks, you should ask yourself…
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QuickBooks vs Xero 2024: Which Software Is Better for You?
QuickBooks Online has four pricing plans ranging from $35/month to $235/month. The more expensive QuickBooks plans include additional features and users. While Xero’s entry-level plan seems like the better deal when compared to QuickBooks, limitations on invoices and bills make it suitable for very small businesses or freelancers. Xero also doesn’t have some built-in features…
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Writing a Tax or CPA Firm Business Plan
Our practice is built on best of breed cloud accounting software like QuickBooks, Netsuite, Gusto, Rippling, Taxbit, Avalara, Brex, Ramp and Deel. Technology makes us more efficient, saving our clients money and letting us offer higher value services like FP&A modeling, 409A valuation, and treasury advice. Vanessa Kruze is a CPA and the founder and…
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What is the Periodicity Assumption?
The accounting guideline that allows the accountant to divide up the complex, ongoing activities of a business into periods of a year, quarter, month, week, etc. The precise time period covered is included in the heading of the income statement, statement of cash flows, and the statement of stockholders’ equity. The income statement tells interested…
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Going Concern Concept Extensive Look With Examples
A company remains a going concern when the sale of assets does not impair its ability to continue operation, such as the closure of a small branch office that reassigns the employees to other departments within the company. Going concern is an accounting term for a company that has the resources needed to continue operating indefinitely…
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Small Business Accounting Services New York City
Strategies that will save you money in taxes and increase your cash flow. Our team of seasoned accounting professionals can help you navigate the maze of deductions, credits, and paperwork and minimize your stress. Organized books make it easy to calculate taxable income, identify deductions, and provide accurate documentation to your tax preparer. In today’s…