Bookkeeping

Bookkeeping 101: Bookkeeping Basics for Small Businesses

Previous work experience makes finding clients as a bookkeeping business owner much easier. These don’t require you to go to school or gain any special training, but they may be skills you’ll need to develop over time. As a bookkeeper, you will verify and balance receipts, keep track of cash drawers, Bakery Accounting and check …

Bookkeeping 101: Bookkeeping Basics for Small Businesses Leia mais »

Sales Apportionment and Tax Considerations List for NY-Based Service Companies

For asset sales where the contribution margin sale proceeds are received in installments (IRC Section 453), the portion of the receipts or net gains attributable to New York would be determined in the year of the sale by applying the statutory apportionment rules. The same ratio of New York receipts to everywhere receipts from the …

Sales Apportionment and Tax Considerations List for NY-Based Service Companies Leia mais »

Nonprofit Financial Statements: The Complete Guide with Examples

Nonprofit financial statements promote transparency and accountability by providing a detailed breakdown of the organization’s financial activities. This allows stakeholders to see how their donations are being used and hold the organization accountable for its financial decisions. Audited financial statements are crucial for virtual accountant ensuring financial transparency and accountability. Prepare the Statement of Functional …

Nonprofit Financial Statements: The Complete Guide with Examples Leia mais »