Does your nonprofit need to have an independent audit?

It is completely ok and acceptable to have multiple versions of your financial reports. The key here is to make sure the information is presented in an accurate and useful way. If your nonprofit has a solid accounting system in…

Project Tracking Project Accounting Job Tracking

Say goodbye to complicated integrations with project accounting software. Quickly create a project and set up job tracking with project accounting automatically integrated with Xero. The Korso species originated from non-arboreal flatland environment, similar to the Eurasian Steppe lands of…

Best Accounting Software for Small Businesses

Invite your accountant to access your books for seamless collaboration. Give employees specific access to features and reduce errors with auto-syncing. Protect sensitive data with user-access levels and share reports without sharing a log-in. Get any-time access to balance sheets,…

Operating Profit Definition, Formula, & How to Improve It

A company’s operating income can typically be found in its financial statements, such as the income statement (also known as the profit and loss statement). This statement provides a breakdown of a company’s revenues, expenses, and operating income, allowing investors…

Present Value Calculator NPV

Since this kind of annuity is paid only under a specific condition (i.e., the annuitant is still alive), it is known as a contingent annuity. If the contract defines the period in advance, we call it a certain or guaranteed…

Accounting Outsourcing: How to Hand off Your Financial Tasks With Recommendations Bench Accounting

It also starts at $190 a month, which is less than nearly every other provider on our list. Your company has its vision and mission for growth, which is why it’s best to work with a Finance as a Service…

Cash Basis Accounting vs Accrual Accounting Bench Accounting

As a result, it has become the standard accounting practice for most companies except for very small businesses and individuals. This method allows the current and future cash inflows or outflows to be combined to give a more accurate picture…

QuickBooks Desktop, Compare QuickBooks Desktop to Online

If you are a small business owner, it will come back to the decision between cloud-based and locally-installed software to determine which software is right for you. Deciding which type of software works best for your business model can make…

Church Management Software for Small and Large Churches

Our church accounting software allows you to track and tag each donation coming in or expense going out. QuickBooks offers real-time reports so you can see an overall picture of your categorized transactions and gain a short-term investments financial accounting…

Best Virtual & Outsourced Accounting Services 2023

Instead of just outsourcing for bookkeeping services, they are now looking for partners to help them create project valuations, IRR forecasts, cash flows models, and other complex financial functions. Recently, an increasing number of companies has seen that outsourcing their…