Bookkeeping

Yardi Breeze® Property Management Software

  • October 8, 2024

From setup to maintenance to reporting, Yardi Breeze is very user friendly and simple to work with. We will work with you to customize a solution stack that fits your unique business. We also offer customizable solutions like mobile apps and websites for your properties. Our continued innovation wouldn’t be possible without feedback from our clients. Allow residents to pay rent, submit maintenance requests, renew leases and more through a secure resident portal or mobile app that integrates seamlessly with Yardi Breeze.By far, the biggest improvement that we have now is rent collection.Save...

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Tax Write Offs & Deductions Explained Intuit TurboTax Blog

  • July 31, 2024

If you are self-employed you may not know all of the different business deductions you are eligible for, but TurboTax Premium will search tax deductions specific to your industry. Learn more about writing off business expenses, land purchases, and business loans with frequently asked questions about tax write-offs. In addition to deductible current expenses that the business incurs on a regular basis, some capital expenses, real estate purchases, or investments can also be claimed. Some of these, like depreciation, are subject to different deduction rules than current expenses and may not be fully...

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How to Calculate Credit Card Payments and Costs

  • April 19, 2024

Someone who routinely maxes out their credit card will seem less financially responsible than someone who keeps a good portion of their available credit in reserve, just in case. If you use a credit card, you will receive credit card bills and will need to know how to pay them off. Our suite of security features can help you protect your info, money and give you peace of mind. See how we're dedicated to helping protect you, your accounts and your loved ones from financial abuse. Also, learn about the common tricks scammers are using to help you stay one step ahead of them. If you see unauthorized...

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QuickBooks Online Review 2024: Features, Pros & Cons

  • January 30, 2024

Read our article on what the QuickBooks Online Desktop app is to learn more. With QuickBooks Desktop, you must make an Accountant’s Copy of your data file and send it to your ProAdvisor. The copy will allow you to continue to work on transactions managerial accounting ch. 3 quiz flashcards in the current period while your accountant makes adjustments to past periods. It's fair to point out that multiple people can use QuickBooks Desktop over the local network at the office. But when multiple users are working on the same file simultaneously, changes made by one user won't be instantly visible...

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The comprehensive guide to accounts payable outsourcing

  • December 18, 2023

As your business grows or undergoes changes, your accounts payable outsourcing needs may evolve. Choose a provider that can offer scalable solutions and adapt to your changing requirements. Inquire about their ability to handle fluctuations in workload, accommodate process changes, and provide additional services as needed. As vendor relationships grow ever more complicated, more and more businesses will need to rely on outsourced providers to re-architect their accounts payable operations. Dependency on the Service Provider Countries like Costa Rica have over 300 multinationals with Finance...

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The comprehensive guide to accounts payable outsourcing

  • December 15, 2023

As your business grows or undergoes changes, your accounts payable outsourcing needs may evolve. Choose a provider that can offer scalable solutions and adapt to your changing requirements. Inquire about their ability to handle fluctuations in workload, accommodate process changes, and provide additional services as needed. As vendor relationships grow ever more complicated, more and more businesses will need to rely on outsourced providers to re-architect their accounts payable operations. Dependency on the Service Provider Countries like Costa Rica have over 300 multinationals with Finance...

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Essential Guide to Business Process Outsourcing

  • December 1, 2023

Finally, it’s essential to continuously consider the outsourcing arrangement to ensure that it remains effective and efficient. It includes assessing the BPO provider’s performance, identifying improvement areas, and making necessary changes. Establishing clear communication protocols ensures the BPO provider understands the company’s needs and expectations. It includes meeting regularly to discuss progress and issues, providing clear instructions, and establishing escalation procedures for dealing with problems. Over time, the company’s needs may change, and the SLA may need to be adjusted...

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Fixed Asset Turnover Ratio Formula Example Calculation Explanation

  • November 2, 2023

Typically, a higher fixed asset turnover ratio indicates that a company has more effectively utilized its investment in fixed assets to generate revenue. A higher ratio is generally favored as there is the implication that the company is more efficient in generating sales or revenues. A lower ratio illustrates that a company may not be using its assets as efficiently. What is the difference between the Fixed Asset Turnover and Asset Turnover Ratio? The fixed assets include al tangible assets like plant, machinery, buildings, etc. Manufacturing companies often favor the FAT ratio over the asset...

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How to prepare a statement of retained earnings for your business

  • June 20, 2023

Let’s walk through an example of calculating Coca-Cola’s real 2022 retained earnings balance by using the figures in their actual financial statements. You can find these figures on Coca-Cola’s 10-K annual report listed on the sec.gov website. Retained earnings can be used to assess a company's financial strength. When lenders and investors evaluate a business, they often look beyond monthly net profit figures and focus on retained earnings. This is because retained earnings provide a more comprehensive overview of the company's financial stability and long-term growth potential. Retained...

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5 Reasons Manufacturing CEOs Are Outsourcing Their Entire Accounting Department

  • March 2, 2023

When outsourcing bookkeeping work, it is crucial to implement additional security measures to protect sensitive financial information. Start by conducting a thorough internal security audit to identify vulnerabilities within your current systems. This proactive approach will help you understand where improvements are needed and ensure that your data remains secure. Ultimately, the decision between outsourcing specific tasks or the entire function depends on the organization’s size, complexity, and financial goals. Evaluating the unique circumstances of the business is crucial in making this...

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