February 17, 2020
Charles LutwidgeSage Intacct Review
What is Sage Intacct? Sage Intacct has been around since 1999 and has built Intacct cloud-based accounting solution from the ground up. It is a perfect choice for CFOs and financial professionals looking for a sophisticated and powerful solution. Companies...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
January 15, 2020
Charles LutwidgeAccounting Profit and Loss
Each business is committed to financial success. Accounting profit is one of the critical indicators. A profit and loss report is based on the calculation of profit (loss). The reliability of the financial results and analysis of economic activity depend...
January 15, 2020
Charles LutwidgeZoho Books Review — What You Need to Know
Every business and even freelancers need to keep track of their financial data, such as sales, purchases, and taxes. Of course, they can choose to do it the old-fashioned way. However, if they have accounting software, it is much easier...
January 15, 2020
Charles LutwidgeAdjusting Entries
An adjusting entry is a type of accounting entry that is crucial to closing the accounting period. According to the accrual method of accounting, a company must adjust its initial trial balance as the accrual period closes. An adjusting entry...
January 15, 2020
Charles LutwidgePurchases Journal
According to fundamental accounting principles, the definition of a purchases journal is a special journal normally used by a business to record all purchases on credit. The ones that are done on account will impact accounts payable. Thinking of the...
January 13, 2020
Charles LutwidgeWhat is Xero?
Xero is a streamlined, cloud-based, and mobile-accessible accounting software. It is designed for medium to large-sized businesses. Xero has robust features and strong accounting capabilities, so it is no wonder that it is used by over a million businesses. With...
January 08, 2020
Charles LutwidgeWave Accounting Review — What You Need to Know
What is Wave Accounting? Wave is an award-winning financial software designed for entrepreneurs. You can use the Wave cloud accounting system for all your invoicing, reporting, receipts, quotes/estimates, and more for free! This means it is a perfect choice for...
January 08, 2020
Charles LutwidgeTurboTax Review – The Best Online Tax Preparation Software or Not?
Tax day is April 15th in the US, but the sooner you file, the sooner you will be able to get your tax returns. Yet, tax filing is a process that many Americans find scary and intimidating. In this TurboTax...