Category: Bookkeeping

Its specializations include payroll, real estate trust planning and preparation, entity selection and restructuring, cash flow and budgeting analysis, and financial projections and forecasts. It also offers assistance during company audits, reviews, and compilations, as well as bookkeeping and IRS representation. Exceptional personal accounting services Tax & Accounting Services, LLC, is a Brooklyn-based accounting firm […]

Okay, now that you know when to use Present Value of Annuity formula, let’s go ahead and apply it in an example. Okay, we’re going to assume you’re more or less alright now, so let’s think about when to use Present Value of Annuity formula. Okay, now that you have an idea of the intuition […]

You decide what you prefer to do yourself or let Clark & Clark take care of the rest for you. Jensen advisors will tell you how today’s decisions will affect your Remote Bookkeeping tax liabilities tomorrow. They can recommend the best ways to fund your trust and provide comprehensive advice for retirement. The Jensen Group […]

The result of the balancing off accounts process is that either a debit or a credit balance is brought down. To calculate your beginning cash balance for a cash flow statement, add all of the sums of capital available to your business at the beginning of the period covered by the statement. Include cash in […]

This is the complete opposite of credit; it increases asset or expense accounts while decreasing liability, equity, or revenue accounts. For example, when you take out a loan, it is recorded as a credit under liabilities. It increases cash (debit) but also increases liability (credit), meaning you have more money to use but also a […]

The question of getting individual countries such as the United States on board is seen as a question of when not if. The advantages—transparency of operations, accessibility of financial records, and efficient data recovery—offer the emerging global marketplace a common language for evaluating the financial health of what is becoming a world of multinational companies. […]