Statement of Cash Flows - Definition and Detailed Explaination
What is Cash flow statement? Cash flow statement also referred to as Statement of Cash Flows is one of three main financial reports that...
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Jun 8, 20201 min read
California Sales Tax Increase - Irvine Newest Sales & Use Tax Rate
New Sales and Use Tax Rates Operative July 1, 2020 The tax rate changes listed below apply only within the indicated city or county...
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Jun 7, 20205 min read
Paycheck Protection Program (PPP Funds) – Which way to record properly in QuickBooks Software
Now, we hope that you have received PPP funds to support the business. It is time to think about what you should do after receiving the...
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Jun 7, 20204 min read
Paycheck Protection Program Loan – You got it and now what?
1. Review the Requirements of PPP Congratulation! You got PPP loan for your business. Before using, let’s review all the requirements to...
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Jun 1, 20203 min read
5 Rules of Writing Off Meals And Entertainment Costs
Many business owners believe that just because there is a line item on the tax return for meal deductions that just about any dinner or...
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Jun 1, 20203 min read
10 Bookkeeping Tips Can Be Used Year Round
Accounting can be tedious for any business, but if your small business doesn’t keep tight books it can make your taxes a nightmare....
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May 31, 20202 min read
Why Are Accounts Payable and Its Management Important?
This is the world in which you hurt yourself if you could not manage accounts payable effectively. Why? Well, firstly, invoicing is the...
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May 20, 20203 min read
What Cause Negative Inventory - How Can It Affect The Business?
Although the concept of having negative inventory appears to be ridiculous, it can exist and happen to any business. Yes, you are true...
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May 17, 20202 min read
What Is Statement of Cashflow?
Cash flow statement also referred to as Statement of Cash Flows is one of three main financial reports that are generated regularly.
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May 6, 20202 min read
Law Firm Bookkeeping - Why Outsource Your Bookkeeping?
Top Reasons Companies Outsource their Bookkeeping
Cost-Effective
Expertise
Accuracy
Consistent Reconciliation
Backup
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Feb 19, 20202 min read
2020 California Sales Tax Due Date
The official tax deadlines every year can be stressful. After filing business tax and individual tax, the due dates for sales tax are...
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Jan 29, 20202 min read
How do you choose the right accountant for your business?
We often find that Business owners are particularly found their value from the firm of accountants. It is true that preparing statutory...
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