Bookkeeping

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! […]

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

If you are continuously reordering products with low velocity, you need an urgent EOQ calculation that will help you determine the ordering quantities. By using EOQ to keep holding costs and ordering costs at an optimum level, businesses can substantially limit wasteful spending and thus enhance their profitability. Hence, EOQ acts as a major decision

Access the Firm of the Future website for industry news and insights, expert advice, product release information, and much more. Learn the ins and outs of QuickBooks with free training and certification. Clients’ bank feeds imported, expenses reconciled, payroll run, payments recorded, and more. File T1s, T2s, and T3s for all your clients from within

By giving them access to your QuickBooks account, your employees can fill in their timesheets and mark billable hours, which helps when preparing accurate timesheets and enhances payroll. QuickBooks allows you, as a small business owner, to provide access to employees and partners, like sales reps and office managers. By providing custom access to QuickBooks,

Over the last few years Washington has become a less favorable state regarding tax policy. The state of Oregon does have an estate tax that ranges from 10% to 16% depending on the size of the estate. Sales Tax – Oregon bookkeeping is one of only four (4) states in the union with no sales tax, yay!

Inventory and accounts receivable take time to monetize, so they are less liquid. Fixed assets like property and equipment are long-term illiquid assets. On the asset side, balance sheets list assets from most liquid to least liquid. Liquidity refers to how quickly an asset can be converted into cash. Current Assets The most liquid order

We are an adaptive company that embraces new technologies once they are proven to be effective. We use the most up-to-date technologies and integrations internally as a team, and with our bookkeeping processes. Our team is trained and certified on this software and we have relationships with these companies. I understand what it means to

By recognizing antonyms, individuals can effectively articulate their thoughts and engage in more meaningful conversations. Antonyms serve as a valuable tool for enhancing communication skills and promoting a clearer exchange of ideas. Some common synonyms of assign are ascribe, attribute, credit, and impute. While all these words mean “to lay something to the account of