Category: Bookkeeping
Medicare Wages: Definition, How They’re Taxed, Limits, and Rates
Employed U.S. workers, including non-citizens, are required to pay Medicare tax. If you’re interested in learning more about Medicare taxes head to PolicyScout’s Medicare hub. We have loads of articles to help you understand costs, enrollment options, different plans, and coverage. A self-employed worker may deduct the employer-equivalent amount of their self-employed tax, which is […]
Outsourced Accounting For Construction Companies
Outsourcing reduces these overheads while allowing you to pay only for the services you need, whether bookkeeping services or more advanced CFO support. Our clients have secured Pre-Seed to Series C or Series D funding. We look to partner with our clients, going beyond the typical outsourced accounting relationship and seeking to provide a higher […]
Computer Accounting with QuickBooks Online
Another reviewer shared that free access to the QuickBooks ProAdvisor program is a great help, especially for managing their own books and their clients’. We agree with this, and we want to highlight that the certification training and certifications are self-paced, so you can take them at your most convenient time. While data and notes […]
Stale-Dated Checks Bank Checks 101
BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services. Be considerate — call or text the payer to let them know your […]
How to Master the Art of Nonprofit Financial Statements
Nonprofits must compile an income statement every year to be in accordance with the Generally Accepted Accounting Principles (GAAP). The statement of activities can be incredibly helpful when your nonprofit is analyzing its finances and trying to determine where those hard-earned fundraising dollars go. The numbers for your statement of activities are pulled from your […]
The Ultimate Guide to Reconciliation & How to Do It on Quickbooks Online
It also provides an important verification that there is no fraud or unsavoury activities going on. Reconciling your accounts is an important part of managing your finances in QuickBooks Online. It allows you to compare your records with your how to determine variable costs from financial statements bank or credit card statement and make sure […]
The real effects of financial reporting: Evidence and suggestions for future research
We must all work together in order to fulfill the high expectations investors rightly set for financial reporting. GAAP sets accounting guidelines and standards that companies must follow 100 printable invoice templates when preparing financial statements, whereas IFRS takes a more principles-based approach. Both conventions differ in how they report asset values, depreciation, and inventory. […]
How Accounts Payable Outsourcing Services Benefit Businesses
Data security is another crucial consideration, as sensitive financial information and vendor data are often involved in AP processes. Accounts payable outsourcing is the practice of hiring a third party to handle your organization’s AP processes. AP providers come fully equipped with the tools, skills, and technology not only to manage your existing accounts payable […]
How Do You Read a Balance Sheet?
This stock is a previously outstanding stock that is purchased from stockholders by the issuing company. If the company takes $10,000 from its investors, its assets and stockholders’ equity will also increase by that amount. Get instant access to video lessons taught by experienced investment bankers. According to the equation, a company pays for what […]
Book Value Per Share BVPS Overview, Formula, Example
A good Book Value Per Share typically indicates that a company’s stock is undervalued if the Book value is higher than its current market price. However, what daily cash receipts journal constitutes a “good” BVPS can vary by industry and should be compared with similar companies in the same sector. BVPS is calculated by dividing […]
