Category Archives: Bookkeeping

QuickBooks Online Accountant, Grow Your Accounting Practice Intuit

Intuit Enterprise Suite is a cloud-based, multi-entity and multi-dimensional solution that helps boost productivity and profitability for clients with complex needs. The Accountant Toolbox holds essential work tools, reports, and shortcuts inside your clients’ QuickBooks Online, so you can take sec release on materiality in financial disclosure actions without missing a beat. Access your clients’ […]

Publication 946 2022, How To Depreciate Property Internal Revenue Service

Even if you defer all things depreciation to your accountant, brush up on the basics and make sure you’re leveraging depreciation to the max. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Editorial content from The […]

How To Accept Bitcoin As A Business 2024 Guide

Because the funds are accounted for in the bookkeeping, you use the data to determine growth. A full charge bookkeeper takes care of the usual bookkeeping service but also handles some accounting duties. Think of this bookkeeping service as a mix between traditional accounting and bookkeeping. Whether you’re a self-employed professional, a business with employees, […]

Long-Term Debt: Definition, Formula & Example Guide

Interest from all types of debt obligations, short and long, are considered a business expense that can be deducted before paying taxes. Longer-term debt usually requires a slightly higher interest rate than shorter-term debt. However, a company has a longer amount of time to repay the principal with interest. Interest is recorded as an expense […]