Category: Bookkeeping

QuickBooks Online is one of the company’s most popular accounting software choices for small-business owners. QuickBooks Online pricing is based on a monthly subscription model, and each plan includes a specific number of users. First-time QuickBooks Online users can typically receive a free 30-day trial or a discount for the first few months of service….

Enhance QuickBooks with add-on applications tailored to your industry’s unique workflow needs. QBO centralizes accounting into an integrated system with seamless workflows. This eliminates duplicated efforts from manual hand-offs or working across disparate systems. Everything from invoicing to reporting can be managed efficiently in one place. The invoicing tool allows creating, customizing and sending invoices…

Distributable Cash Flow is not intended to represent cash flows from operations or net income as defined by U.S. GAAP and is not necessarily comparable to similarly titled measures reported by other companies. Unless you went to business school—or at least took an accounting or finance course—you’ve probably never given much thought to financial statements…

Interim periods are usually monthly, quarterly, or half-yearly. Income and expenses are closed to a temporary clearing account, usually Income Summary. Afterwards, withdrawal or dividend accounts are also closed to the capital account. The cyclical reporting of accounting periods can span monthly, quarterly, and annual time frames. Temporary account balances can be shifted directly to…

In combination with our distinctive focus on client service, our technical expertise and use of the latest in technology makes us uniquely placed to offer the best in accounting, taxation, business and advisory services. Refresh your finance organizational and operating models so they can adapt to uncertainty at speed. Our transformation frameworks, master data management…

Book a demo today to see what running your business is like with Bench. When working with any service provider, it’s important to establish service-level agreements (SLAs). These lay out the specifics of the services provided and keep both parties on the same page. Many companies outsource this task to experienced auditors, who can independently…

Accountants must often share their insights and reports with people outside of finance. Naturally, strong communication and interpersonal skills can help an accountant build a successful career. The law doesn’t specify the type of document to keep with this information. Documents may include bank statements or a copy of a filed FBAR if they have…