Category: Bookkeeping

We save your info automatically, so you can switch devices and pick up right where you left off. You can even file your taxes entirely from your phone with our mobile app. You’ll also find tax-saving credits turbotax form 1040 like the Earned Income Tax Credit (EITC), and Child Tax Credit. Verify your calculations, confirm…

Diversifying your services can strengthen your relationship with clients and improve your reputation as an accounting firm. QuickBooks is one of the most popular accounting software platforms because it gets the job done in an easy-to-understand and easy-to-use format. As an accountant, if your clients agree to use QuickBooks, you’ll be able to streamline how…

The manufacturing sector analyses both prime costs and conversion costs to measure efficiency in the production of a product. In the Peep-making process, the direct materials of sugar, corn syrup, gelatin, color, and packaging materials are added at the beginning of steps 1, 2, and 5. While the fully automated production does not need direct…

It involves verifying that balancing an account the amounts recorded in the company’s books match the corresponding financial transactions. This process is crucial to ensure the accuracy of financial statements, which are relied upon for decision-making, reporting, and compliance. Through account reconciliation, discrepancies can be identified and rectified promptly, reducing the risk of financial errors…