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Even perpetual inventory users may wish to perform a physical inventory count from time to time to allow for shrinkage (theft, broken, and obsolete items). Small business owners’ activities are often restricted to the cash register and fairly straightforward accounting procedures. Therefore, small business owners would benefit most from the periodic inventory system. You wouldn’t […]

Learn how to build, read, and use financial statements for your business so you can make more informed decisions. The magic happens when our intuitive software and real, human support come together. If your firm doesn’t have a bookkeeper on staff, it’s likely they take up a significant portion of your time. These are all […]

Content Easy Online Payroll Services | ADP – ADP.com Cost Analysis Speak to A Specialist about QuickBooks Software User Manual Sage 50 Desktop Quantum Manufacturing Edition Download Install You may set which particular tax templates you need for certain sales and purchase transactions with the tax rule extension. This appliance enables you to set a […]

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If you’re not tracking cash payments, it’s hard to know how much you’re really spending and receiving through your business. The primary goal of a cash book is to manage cash efficiently, making it easy to determine cash balances at any point in time, and allowing managers and company accountants to budget their cash effectively […]

Content Homeroom Small Business Solutions Inc. BCJ Group, Chartered Professional Accountants Vancouver Get connected with the right company for you Financial Advisors Accounting Services in Vancouver Services TOP 10 Tax Attorneys in Vancouver We’re not like any other accounting firm in Vancouver, WA– or anywhere else for that matter. Bookkeeping and tax strategies for realtors, […]

ITINs can expire if they’re not used on a federal tax return at least once every three years. They might be used to file taxes, receive Social Security benefits, apply for credit or loans, open a bank account, and receive other government benefits. To be considered a resident alien by the IRS, someone needs to […]

And, a general journal is used to record all those that do not fit in the special journals. Also, this step would involve the preparation or collection of business documents, or as auditors would call them – source documents. A business document (such as sales invoice, official receipt, etc.) provides evidence that a particular transaction […]