Bookkeeping

I would appreciate your guidance on how to address this matter and protect my interests. I am writing to request your professional advice regarding a tax-related issue that has recently come to my attention. I have received a notice from the tax authorities, and I am uncertain about the implications and the best course of […]

At BookkeeperLive, we’re experts in business outsourcing bookkeeping services, and we can help you organize your financial records, no matter how far back they go. By helping you understand your company’s financial situation clearly, we help you get ready to make smart choices for what comes next. Our outsourcing bookkeeping services can help with catching up on your finances!

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Common payment models include commissions from merchants for each group purchase made, subscription fees for premium group buying site coupons features, or a combination of both. Diving into the group buying game isn’t just about launching another eCommerce site. Think less traditional online store, more social shopping extravaganza where deals get sweeter as more people

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Managing trade payables effectively helps finance teams shift from reacting to issues toward making proactive, confident decisions about cash flow and vendor management. A company’s ability to manage its trade payables effectively reflects on its overall creditworthiness. Consistent and timely payments improve a company’s credit rating, which can lead to more favorable credit terms and

Using the reference information, if sales journal accounting anyone had a question aboutthis entry, he or she would go to the sales journal, page 26,transactions #45321 and #45324. This helps to create an audittrail, or a way to go back and find the original documentssupporting a transaction. This entry reduces both your liability (Sales Tax

Dividends in Accounting The main source of finance for companies, especially small-size companies and startups, is equity finance. Equity finance consists of finance that companies raise through their shareholders. In exchange for the finance they provide, shareholders receive the shares of the company. Recognition and recording of dividends paid to the parent company Qualified dividends,

How to Calculate Dividends Paid From a Balance Sheet When a company declares a cash dividend, it commits to paying a specific amount of money to its shareholders. The accounting process begins with the declaration, where the company debits Retained Earnings and credits Dividends Payable. This entry reduces the retained earnings, reflecting the portion of

How Dividends Affect Financial Statements and Shareholder Value The balance sheet is a very important financial statement for many reasons. It can be looked at on its own and in conjunction with other statements like the income statement and cash flow statement to get a full picture of a company’s health. By tracking dividends payable