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The foundation of solid business bookkeeping is effective and accurate expense tracking...Read More

- There is no Money In and Out of the fund (no flow of transactions) - Overdraft client ledgers at the transaction level.

In 2021, the IRS has introduced the new Form 1099-NEC to reporting independent contractor income.

QuickBooks Online – on the other hand – will not allow you to use the Allowance for Doubtful Account.

Apps help eCommerce companies, retailers and accountants automate bookkeeping. Making it possible to reduce manual effort, eliminate...

Preparing your tax return is an important step at this point.

In legal accounting, all cases expenses are not treated the same. It is important to ensure that every item billed is tracked

A fixed asset is a long-term tangible piece of property or equipment.

A major benefit that multi-channel gives to any retailers. With the outstanding advantage of not being limited in space and time

All of these account types (IOLTA, IOLA, and Attorney Trust) have the same purpose. They are all used to separate the client’s money from...

For trust account management, this reconciliation process is one of the most important aspects of maintaining compliance and administration.

Trust Accounting is simply bookkeeping of bank trust account under state requirements which involves