Category Archives: Bookkeeping

What is Bookkeeping & why it is important? Methods of Bookkeeping

Firms also have intangible assets such as customer goodwill that may be listed on the balance sheet. If you use cash accounting, you record your transaction when cash changes hands. Bookkeeping is the process of keeping track of every financial transaction made by a business firm from the opening of the firm to the closing […]

Asset Turnover Ratio Definition

Content How to Interpret Asset Turnover Ratio (Low vs. High) What Is the Asset Turnover Ratio? Asset Turnover Ratio Formula Dupont Analysis The role of assets in asset turnover ratios Asset Turnover Template Analysts use activity ratios to measure the company’s efficacy in using assets to generate revenue. For instance – A ratio of 1.3 […]

I received an email with subject “Urgent Issue with the Payroll Account” the email asked for a form to be completed and faxed back to QB Is this legit? Seemed odd!

Content E-File & Pay Import your employees and pay history from ADP, Gusto, or Paychex into QuickBooks Online Payroll Intuit QuickBooks Payroll Review QuickBooks Online Integration Intuit Quickbooks Payroll: The competition Thank you for bringing this matter to our attention and for spreading awareness about this. I’ll provide information about the negative amount of your […]

Easy-to-Use Receipts Templates for Businesses

Content Save your template Multiple Receipt Options Useful During Tax Season 3 Applying Receipts or Drafts to Invoices Using Type Input Codes What is a miscellaneous cash receipt? It confirms that a transaction had occurred between two parties, detailing what was purchased, how much was paid, and when the transaction took place. SumUp offers several […]