Bookkeeping

What Does a CPA Do? Tasks, Skills, and How to Become One While many CPAs major in accounting, others come from backgrounds like finance or business. What matters is that they complete the required coursework in accounting and related subjects. Certified Public Accountants, or CPAs, play an essential role in…

For example, if you have two jobs, you’ll input your gross pay for both to get an accurate estimate of your tax withholding. The build in W-4 tool at the end of the calculator let’s you create your from W-4 based on your paycheck before you submit or email the…

It’s crucial to ensure the accuracy of all financial transactions and records at all times. The quicker the error is corrected, the less impact it is likely to have on the business’s financial standing and decision making. A correcting entry in accounting fixes a mistake posted in your books. For…

Accounts receivable How to Invoice as a Freelancer (AR) reflects the total dollar amount you’re owed from outstanding invoices. DSO, on the other hand, tells you how many days it takes—on average—to collect that money. AR is a point-in-time balance; DSO provides a time-based perspective on your collections performance. Our…

Gross Margin: Formula, Definition, and How to Calculate Gross profit margin is a vital metric that quantifies the proportion of total revenue that exceeds the cost of goods sold (COGS). However, multiple factors can impact this figure, both internally and externally. Understanding gross margin is essential for investors, business owners,…

Hiring an Employee with No Money: A Comprehensive Guide I was able to explore different areas of marketing and found out more core skills. Outsourcing to the Philippines is cost-effective for startups, particularly those based in high-cost regions like the US, UK, or Australia. Hiring employees for your startup is…