QuickBooks® Online: All-in-One Business Solutions

A dedicated bookkeeper sets up your account and connects your bank and credit accounts for synchronized transaction reporting. The software used by 1-800Accountant integrates with many of the top accounting software packages. A bookkeeping service can manage your accounting [...]

State of Oregon Newsroom : NewsDetail : State of Oregon

Contributions you make to a retirement plan, like a 401(k), or to a medical expense account, like a health savings account (HSA), will also come out of your paycheck. That’s money that your employer removes from your pay before [...]

What are the journal entries for an inter-company loan?

The repayment of a secured or an unsecured loan depends on the payment schedule agreed upon between both the parties. A short-term loan is categorized as a current liability whereas the unpaid portion of a long-term loan is shown [...]

Salvage Value Definition, Importance, Depreciation

In accounting, owner’s equity is the residual net assets after the deduction of liabilities. In the field of mathematics, specifically in regression analysis, the residual value is found by subtracting the predicted value from the observed or measured value. [...]

Manufacturing Overhead: A Small Business Guide

Knowing how much money you need to set aside for manufacturing overhead will help you create a more accurate budget. Being able to track those costs is important and project management software can help. ProjectManager is online work and [...]

Do Truck Drivers Need Bookkeepers?

If you don’t provide your clients with an invoice after setting up a predetermined payment arrangement, it will be nearly impossible to receive payment. By following these steps, truckers can effectively manage their bookkeeping and maintain financial organization, allowing [...]

Gross Income vs Net Income: Whats the Difference?

The net income of a business may be different for tax and accounting purposes because some expenses are tax deductible and others are not. The net income (“Net profit or loss”) is used to calculate the business owner’s tax [...]

What is a Backlog? Definition & Common Challenges

A product backlog is more than a simple to-do list—it’s where you break down complex tasks into a series of steps and delegate them to team members. Follow these four steps to develop an effective product backlog. Occasionally, there [...]

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