Bookkeeping

Compare the ending balance of your accounting records to your bank statement to see if both cash balances match. You’ll need a few items to perform a bank reconciliation, including your bank statement, internal accounting records, and a record of any pending cash transactions (either inflows or outflows). If you don’t want to manually enter […]

To find a local CAA in your area, you can visit Acceptance Agent Program. CAAs can authenticate all the identification documents for the primary and secondary applicant. For dependents, they can authenticate the passport and civil birth certificate; however, they must send the original or certified copies of all other documents directly to the IRS.

Also known as the general ledger, the ledger is a book in which all accounts relating to a business enterprise are kept. Now, any business with a full-time bookkeeper is likely to use computerized accounting. In the past, these records would literally have been kept in bound ledger books. However, the business owner can easily

By integrating with other accounting and legal practice management software, InvoiceSherpa streamlines the entire process, making it easier for law firms to stay on top of their receivables. Explore the top accounting software options for law firms and find out how they can streamline your financial management. It involves keeping these funds separate from the

More than 360,000 businesses and more than 50,000 accountants and bookkeepers find this software reliable. If the cost of QuickBooks Live is an issue for you, you might consider Wave Accounting software with the Wave Advisor service add-on as a more cost-effective alternative. Wave Accounting is one of the very few business accounting software providers

However, please note that access to add-on services will be discontinued for all QuickBooks Desktop software after May 31, 2023. How much you’ll pay for each service depends on the service tier you buy. Both QuickBooks Desktop and QuickBooks Online offer multiple service tiers that cater to different business needs, such as the number of

One firm we worked with has used generative AI to significantly improve the speed at which it builds go-to-market messaging. The industries it serves are highly regulated and, as regulations change, the message and services change rapidly with it. When these changes occur, new marketing and client messaging could take up to a month to