Category: Bookkeeping

Equity dilution refers to the reduction in shareholders’ ownership stakes due to the issuance of new shares. This can occur when a company decides to raise additional capital or when employees are granted stock options or equity incentives. One option is to focus on improving profitability and generating positive cash…

If an account has a Normal Credit Balance, we’d expect that balance to appear in the Credit (right) side of a column. The key to understanding how accounting works is to understand the concept of Normal Balances. Chartered accountant Michael Brown is the founder and CEO of Double Entry Bookkeeping. He has worked…

Xero’s built-in inventory management features allow you to track stock levels, costs, and valuations directly within the software. This can be useful for basic inventory needs, especially if you manufacture and sell relatively simple products. For manufacturers struggling with production cost management, Xero delivers the specialized tools needed to streamline…

The result is a simplified IT footprint and lower total cost of ownership. Are you a member of any property management associations? They’re a great way to network, access continuing education and stay up to date with industry trends and events. Our real estate management software includes integrated solutions for…

Discover seamless app integrations for efficient accounting with what is the difference between Xero’s comprehensive accounting software. Try accounting software for everyday business Explore Xero accounting software and its tools for small businesses, accountants, and bookkeepers. Easy-to-use accounting software, designed for your small business. See how Xero can help your…

They are vital to managing a business’s finances by documenting transactions, generating reports, and assisting with accounting efforts. According to court documents, Hoeppner owned and operated Blue Ridge Bookkeeping and had several clients for whom he was hired to do various financial-related work. There is also ample opportunity for on-the-job…

Building and maintaining a list of targeted sales accounts can be an important strategy for maximizing profits and growing the business. Effective list building involves identifying potential clients, understanding their individual needs, and maintaining ongoing communication to foster strong relationships. Almost everything’s online nowadays, or at least has a component that…

If the company fails to regain compliance by closing at or above $1.00 for at least ten consecutive business days during the applicable compliance period, Nasdaq will initiate delisting procedures. Azure Couture is a prominent fashion brand known for its trendy clothing. They decided to refine their inventory levels for…

I have been lucky to have a lot of long-standing, wonderful client relationships. One important quality in being a successful CPA is genuinely caring about your clients and their businesses. As a CPA, it’s very rewarding to be able to make a direct and positive impact on a business client,…

Foster Financial is one of the top Arizona accounting firms that can help you manage the money in the organization very effectively. However, not every company can use it.Basically, a contractor using the cash method of accounting reports cash receipts as income when received, according to the IRS, and deducts…