Your petty cash fund should be tracked and updated regularly to prevent theft or overspending. As you would with your business’s more significant finances, you’ll want to keep accurate records of where the money is coming from and going. When a petty cash fund is in use, petty cash transactions are still recorded on financial […]

The cost of goods sold, inventory, and gross margin shown in Figure 10.5 were determined from the previously-stated data, particular to specific identification costing. This journal shows your company’s debits and credits in a simple column form, organised by date. The guide has everything you need to understand and use a periodic inventory system. You’ll […]

By accessing and using this page you agree to the terms and conditions. Only one (1) QBOA user may enroll the QBOA firm in the Revenue Share Program. Intuit reserves the right to accept or decline any QBOA firm. Get the desktop software and training you need to maximize productivity, at an exclusive QuickBooks ProAdvisor […]

Matax is a full service cloud bookkeeping firm based in San Francisco that specializes in customized, cost-effective bookkeeping services for start-ups, entrepreneurs, and small businesses. Clients have praised Matax for giving them more time focusing on their business. Beyond Bookkeeping is an accounting service that is headquartered in the city of San Francisco. It stands […]

It may indicate a problem if a company has a profit margin of 5% or under. According to NYU Stern School of Business, the companies in the U.S. with the highest profit margins, as of Jan. 2024, are banks, oil and gas producers and explorers, and tobacco companies. In essence, the profit margin has become […]

Our flexible pricing options ensure that you receive top-notch service from a dedicated, certified bookkeeper, customized to fit your business’s scale and financial goals. Do you have an existing bookkeeping system that has been making errors or takes more time than you’d like? In this case, hiring Better Bookkeepers for a one-time review is your […]

FIFO can be a better indicator of the value for ending inventory because the older items have been used up while the most recently acquired items reflect current market prices. FIFO assumes that the oldest products are sold first, but it’s important to make sure that this practice is actually applied to your warehouse. FIFO […]

We work with your existing accounting software & tools, but can also help you make the move to newer technologies. No more waiting to get back to the office to keep your business moving forward. Your bookkeeping team consists of 3 professionally trained bookkeepers, including one senior bookkeeper who reviews all of your monthly statements […]

Trained accountants and bookkeepers manage financial complexities and offer practical business solutions. At Fundera, Randa specializes in reviewing small business products, software, and services. At the end of the day, only you can determine which of these services, if any, will meet your bookkeeping needs. All in all, when you sign up for QuickBooks Live, […]