There will be very few bank-only transactions to be aware of, and they’re often grouped together at the bottom of your bank statement. This is an important fact because it Read More …

To illustrate, assume that the organizers of a new corporation need to issue 1,000 shares of common stock to get their corporation up and running. Because common stocks are publicly Read More …

A cash flow statement, on the other hand, tracks the inflow and outflow of cash and equivalences over a period of time. This means that the cash flow statement will Read More …

Most small businesses have more basic accounting needs, which means cash basis is often the right fit. The method you use depends on what you need from your business finances. Read More …

This adjusting entry would be done at the end of January when the books are closed. Unearned revenue is the revenue a business receives before providing a good or service. Read More …

Setting up the software involves plenty of one-time tasks that you’ll want to get right the first time, like connecting your bank account and setting up a series of automated Read More …

If your small business is growing and you’re struggling to keep track of all of your vendor, client, and loan accounts, it could be time to start using sub ledgers. Read More …

Content Business Flat Fee Georgeopoulos & Co Chartered Professional Accountants Client Success Stories How Much Does an Accountant Cost in Vancouver? Our Clients Are Like Family Don’t Let the Complexities Read More …

Content BCJ Group, Chartered Professional Accountants Vancouver Speak to an entrepreneurial CPA about your business financial strategy. Successful Accomplishments You need more than an accountant. Let’s grow your business! We Read More …

Below, we discuss in greater detail the benefits and limitations of a https://www.bookstime.com/ agreement. We strive to ease the overwhelming idea of costs in clients’ minds and want our clients Read More …