Author: protecos

When you receive your bank statement or account statement at the end of the month, you’ll only spend a minute or two reconciling your accounts. QuickBooks organizes your data for you, making bank reconciliation easy. Troubleshooting reconciliation issues in QuickBooks demands a careful and methodical approach. By systematically addressing discrepancies, ensuring balance, and amending previously… Continue reading How to Reconcile in QuickBooks Online

These organizations work with several different companies and individuals, requiring liquidation and proper documentation for law compliance. Accounting firms can handle increased workloads, seasonal variations, and new accounting challenges. This improves productivity and efficiency, enabling organizations to drive growth and competitive advantage. However, if there is anything in the provider’s agreement that you’re uncomfortable with,… Continue reading A guide to outsourced accounting: All you need to know

You can easily figure out the cash flow yearly by using our payback calculator. The calculator will display payback period, discounted payback period, and net cash flows for the initial investment made for certain number of years. As the equation above shows, the payback period calculation is a simple one. Diving Deeper: Detailed Examples and… Continue reading Discounted Payback Period Calculator

This means that anyone who is required to file taxes in the U.S. will be eligible for an ITIN, no matter their immigration status. Apply for an ITIN in-person using the services of an IRS-authorized Certifying Acceptance Agent. This will prevent you from having to mail your proof of identity and foreign status documents. Many… Continue reading How do I apply for an ITIN? Internal Revenue Service

Our suite of features gives you input into your crops and livestock from beginning to end so you can report on how your season was and have a year over year history to look at. Whether the worker paid these taxes in the form of self-employment tax has no bearing on your tax obligation. Though… Continue reading Farm Accounting Software Plan, track and analyze