December 23, 2022
Charles LutwidgeBusiness Bookkeeping Basics That a Business Owner Should Know
Understanding numbers is essential for a company to exist. Business bookkeeping helps to determine the prospects for the company’s development, profitability, and impact on the market. Financial reports let you know in which direction you are moving and what needs...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
December 21, 2022
Charles LutwidgeHow Bookkeeping for Large Business is Different
A single algorithm does not work for everyone when it comes to accounting. Small firms keep their books differently from the bookkeeping processes in medium and large companies. Two organizations operating in the same field and interacting with a similar...
December 20, 2022
Charles LutwidgeSmall Business Bookkeeping: Everything You Need to Know
Small businesses open various opportunities but mean responsibility and liability. Accounting aims to provide data for understanding the actual position. The documentation reflects the company’s performance. Often the owners prefer to do small business bookkeeping on their own. On the...
December 16, 2022
Charles LutwidgeBookkeeping for Medium-Sized Business: Everything You Need to Know
Bookkeeping for medium-sized business plays a significant role in keeping a company afloat and running smoothly, especially in the growth stage. When the firm is new, the owner often takes on the part of financial administrator. As the company moves...
December 13, 2022
Charles LutwidgeHow to Handle an IRS Audit: A Complete Guide
Tax returns are checked automatically without the help of the IRS. But there are situations in which an additional audit is needed. For example, you are self-employed, or the business requires a considerable investment. Sometimes checks don’t mean anything, and...
December 12, 2022
Charles LutwidgeAccounting for Amazon Sellers
Over 50% of all Amazon sales come from third parties. Even though most have correctly organized bookkeeping for Amazon sellers, most still need to learn how to do it. Doing inaccurate calculations might result in tax issues. Your online marketing...
December 05, 2022
Charles LutwidgeWhat is Accounting and Why it Matters For Your Business
Accounting may seem like something other than the most fun part of the business. However, accounting is indispensable. Without clear financial records, you can lose a lot of profit. You can also receive fines for late submission of financial reports...
November 29, 2022
Charles LutwidgeWhat is Cloud Accounting?
Indeed lately, we often hear the word «cloud» in different contexts, including «cloud accounting.» Have you wondered what it is and whether it will benefit your business? Read this article to know more. Most companies are actively implementing cloud technologies,...