Posted by: Pramod
March 28, 2024
Category: Non Profit Organization
Nonprofit Bookkeeping and Accounting Terms Tables of Content: Accounts Receivable Accrual-Basis Accounting Amortization Accounts Payable Audit Bank Reconciliation Balance Sheet (Financial Health) Chart of Accounts Cash-Basis Accounting Encoding Current Liabilities Donor Advised Fund Depreciation Deferred Revenue Forecast Functional Expense Report Form 990 Fixed Assets Grants In-Kind Contribution Income statement (Statement of Activities) Indirect Costs Journal Entry Liquidity Liability Management Letter Net Assets Prepaid Expense Pledge Release from Restriction Statement of Cashflows Unrealized Gain or Loss Read More
Posted by: Pramod
March 27, 2024
Category: Bookkeeping Services
In the realm of small-business bookkeeping, virtual cloud bookkeeping services are getting more and more popular; as a result, the practice of bookkeepers travelling to meet with customers is becoming more of an exception than the norm. Probably, you won’t ever really meet most of your clients. Trusting a virtual service with your books may be challenging, and selecting the right provider can be even more challenging. To make the best choice possible, we’ll simplify Read More
Posted by: Pramod
March 25, 2024
Category: Real Estate Bookkeeping
Bookkeeping Services For Real Estate & Property Management Firms: The money you bring into your bookkeeping services for the real estate business is highly significant. You have to get money from several sources, such as buyers, sellers, investors, and more. Not just that, there are daily transactions with the sellers, people you buy property from, and other entities. You must be careful how you manage your funds and where the money goes. Not tracking how Read More
Posted by: Pramod
March 21, 2024
Category: Real Estate Bookkeeping
Mastering Real Estate Bookkeeping: A Comprehensive Guide to Financial Management and Compliance Real estate bookkeeping involves monitoring and arranging financial transactions associated with properties, investments, and operations. Accurate documentation and financial oversight are essential for bookkeepers, especially in the real estate sector. Bookkeeping in the digital world has become more convenient and accessible. Virtual bookkeepers use cloud-based accounting software to efficiently manage their records. Bookkeepers will no longer have to worry about misplaced documents and Read More
Posted by: Pramod
March 21, 2024
Category: Bookkeeping Services
The success of your business is largely dependent on its financial management. However, not all companies have the means or the inclination to employ internal accounting, and that is not mandatory. A growing number of organizations are migrating to virtual bookkeepers as a result of their proficient tracking, recording, and seamless management of financial tasks. How curious is that? Let’s explore. Depending on their location, full-time bookkeepers typically command an annual salary between $48,000 and Read More