Category Archives: Bookkeeping

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The mobile apps rank highly with Android users (3.9/5 stars) and iOS users (4.7/5 stars). As far as the quality of customer support, QuickBooks Online users are split. Some users state that they received the help they needed quickly and without any issues. Many users, however, have voiced complaints of not receiving the answers they […]

QuickBooks Online goes to $30 per month after that and is easily our most expensive option. While QuickBooks Online is very popular among business owners, some have problems with the system. Problems stem from the complexity of making simple fixes, such as miscategorizations or duplicate entries. Support is limited, so users are left reading help […]

Number of units consumed is the amount that you used in a given year—in this case, perhaps your machine produced 30,000 products, so you would have used 30,000 units. Suppose that trailer technology has changed significantly over the past three years and the company wants to upgrade its trailer to the improved version while selling […]

Markets we serve include commercial, multifamily, single family housing, self storage, student housing, senior housing, coworking, affordable housing, PHA, military housing, airports and parks and recreation. We will work with you to customize a solution stack that fits your unique business. We also offer customizable solutions like mobile apps and websites for your properties. We […]

Here’s an overview of the information found in an income statement, along with a step-by-step look at the process of preparing one for your organization. Net income is then used to calculate earnings per share (EPS) using the average shares outstanding, which are also listed on the income statement. EPS is calculated by dividing the net […]

On a monthly basis, if you use job costing review each completed job and compare the budgeted cost to your actual cost. If you use process costing review your cost by batch instead of individual job. When she sends a bid to a potential client, her direct costs include materials and labor expenses. Get in […]

The best value of ROE is roughly several dozen percent, but such a level is difficult to reach and then maintain. The higher the ROE of a company, the firmer and more beneficial its situation on the market. Across the same time span, Company B’s ROE increased from 15.9% to 20.2%, despite the fact that […]

The accounting rate of return is a capital budgeting metric to calculate an investment’s profitability. Businesses use ARR to compare multiple projects to determine each endeavor’s expected rate of return or to help decide on an investment or an acquisition. Accounting rate of return (also known as simple rate of return) is the ratio of […]

The preparation of the statement of cash flows, however, requires a lot of additional information. An adjusted trial balance is a listing of the ending balances in all accounts after adjusting entries have been prepared. While the definition of the document is relatively straightforward, you’re probably thinking – what is the purpose of the adjusted […]