December 15, 2021
Charles LutwidgeMonth-End Close Process
Concept Overview When it comes to bookkeeping and accounting, there is so much one needs to learn. First of all, let’s define the concept. Closing of the bookkeeping accounts is a procedure that happens at the end of each month...
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December 14, 2021
Charles LutwidgePercentage of Completion Method
Some types of services (projects) are performed not at once, but over a span of several reporting term. Examples of such projects include the construction of large buildings or other structures by contractors as well as software development. In this...
December 13, 2021
Charles LutwidgeGrowthForce Review
GrowthForce is an outsourced bookkeeping, accounting, advisory, and controller services provider. It was founded back in 2004 and has a main office in Kingwood, TX. It is one of the largest outsourcing companies in the United States that helps different...
December 12, 2021
Charles LutwidgeHow to Calculate Withholding Tax
Taxes are something everyone has to deal with not only once a year when paying income taxes, but also on a more regular basis. People in the US who work, make their living as employees, and even those who are...
December 11, 2021
Charles LutwidgeCreating a Monthly Bookkeeping Checklist
It is good to have an actual checklist of the things you need to go over once every month is over. This checklist is going to act as a guide either for you or your bookkeeper, to ensure that everything...
December 05, 2021
Charles LutwidgeWhat are Management Fees
A huge number of investors do not invest in the stock market themselves but use the investment management service. The number of such people is gradually growing, and it will probably continue to increase. What is investment management? This is...
November 26, 2021
Charles LutwidgeWhat You Need To Know About Tax Refunds
Overview We all love when we are given a bonus at work or a good deal during shopping. How would not like to have a little extra cash? Although most people have some vague idea of what a tax refund...
November 23, 2021
Charles LutwidgeThe Difference Between Bookkeeper and Accountant
Each enterprise has a division for collecting information about its assets and debts to third parties. It is engaged in the preparation of documented and systematized financial information. With the help of such information, the management makes verified decisions. The...