Sound record keeping is very important for any business to comply with tax obligations and avoid incurring heavy penalties. Whether you run a small business or have multiple accounts to progress, there is no denying that accurate financial records are…
Understanding the sales tax percentage in each state can have far-reaching implications for consumers and businesses alike. The latter group, along with retailers, might find the percentage taxes on sales items useful for strategizing on pricing and location, and consumers…
Running an Amazon business comes with its perks; however, one may struggle with managing substantial amounts of data. There is a need to keep track of the inventory, payments, taxes, profits, and expenses. This shows that effective bookkeeping will significantly…
Starting a business comes with responsibilities; one of the most important but ignored responsibilities is bookkeeping. Financial management has to be spot-on for a startup, to make sure cash flow is constant, taxes are paid, and growth is always on…
Bookkeeping is among the most important aspects of business that is often neglected. In B2B (business-to-business) e-commerce, managing a company's e-commerce operations requires an immeasurable amount of attention and detail, making it just as vital as any other aspect of…
Bookkeeping is a vital process of every business that is aimed at keeping financial records orderly and up to date. As a business owner, freelancer, or manager, outsourcing bookkeeping services helps you take control of your finances. But how much…
The life of a digital nomad brings both exciting opportunities and unique challenges, especially in the area of bookkeeping. Whether you're a freelancer, an entrepreneur, or hold down various jobs, keeping your finances in order is a keystone of leading…
As a single-member LLC, the firm does not consider separating business transactions from personal tax filing. All business activity is accounted for by the owner. Therefore, understanding the contributions to the business and the distributions from it are critical for…
The life of a dropshipper is quite tedious, especially when bookkeeping is involved. While running a dropshipping business makes it easy to sell products to customers, you might find that managing your finances is a hurdle you didn't expect. Admittedly,…
QuickBooks has made its mark in accounting software, but it still isn’t the right option for everyone. If you need a more affordable option that comes with specialized features or superior customer support, several other alternatives to QuickBooks would suit…
