Content AccountingTools Statement of Financial Position Breakdown Net Investment in Capital Assets Component of Net Position Total Net Assets Resources Need Help Navigating Your Nonprofit’s Finances? Is the difference between the revenue you have recorded and the expenses incurred during a given period. It’s essentially what a for-profit company would call Net Income or Profit.[…]
Content What is Accounting Software for Medium-Sized Business? Best Accounting Software for Medium-Sized Business in 2023 Intuit QuickBooks Online Estimated taxes The Best Small Business Accounting Deals This Week* Easily Organize your Business Expenses Solid But Needs Third-Party Reporting Always stay in sync whether you’re on the road or in the office. Its basic plan[…]
Content Ways to create passive income The Multiple Streams Of Income That Make Me Over 2M Per Year How to have multiple streams of income Passive income ideas for beginners Side Hustle Ideas To Make Money Fast In 2023 When it comes to earning extra income, let’s not forget about the most obvious income stream[…]
Content Why your small business needs a bookkeeper Spending a Lot of Time on Bookkeeping Tasks The Best Freelance Websites for Accounting & Bookkeeping Bookkeeper vs. CPA: Do you need both? WHY SHOULD YOU HIRE A BOOKKEEPER? How to Find the Right Bookkeeper for Your Business Trusting the financial details of your business with anyone[…]
Content What is the Right Construction Accounting Methods? Completed Contract Method (CCM) Controlling costs with construction accounting Company Alternative Minimum Tax Turner, Inc. began work on a $7,000,000 contract in 2017 to construct an office building. During 2017, Turner, Inc. incurred costs of $1,700,000, billed its customers for $1,200,000, and collected $960,000. At December 31,[…]