Anfisa is a talented accountant.
In this blog she talks about accounting services, payroll, investment consulting, tax training and much more.
AnfisaWDmitrieva@www.business-accounting.net
Phone: 303-647-3438
Your bookkeeper reconciles your accounts, categorizes your transactions, and produces your financial statements. They also make adjustments to your books to ensure they’re tax-compliant. Occasionally your bookkeeper might need your input on things like categorizing a transaction properly, but we try our best to make bookkeeping as hands-off as possible for you. Additionally, Merritt includes … Continue reading “Small Business Bookkeeping Services”
If a company has excess earnings and decides to pay a dividend to common shareholders, an amount is declared along with a payable date. Usually, this is determined quarterly after a company finalizes its income statement and the board of directors meets to review the financials. Bench gives you a dedicated bookkeeper supported by a team of knowledgeable small business experts. We’re here to take the guesswork out of running your own business—for good. Many people refer to this measurement […]
Having an activity statement that shows your starting balance, deposits in, payments out, and the ending balance is the Client Trust Ledger. Understanding this information will also help you identify areas of your practice that are the least successful and the most successful. If you know where you are most successful and least successful, you … Continue reading “What is Legal Accounting Software For Lawyers”
Businesses that offer both physical products and services may even include both metrics in their financial statements. Gross sales are calculated simply as the units sold multiplied by the sales price per unit. While gross and net sales may not be the most common key performance indicator that you hold your reps accountable for, it’s arguably the most important, since it’s what keeps your company in business. When there are minor issues with the delivered product but (more…) […]
This post covers general information — for advice specific to your business, be sure to consult with a professional. This article and related content is the property of The Sage Group plc or its contractors or its licensors (“Sage”). No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Intuit Inc. does not have any responsibility for updating or revising any information presented h […]
The two ways to account for inventory go by different names in different parts of the world, so for consistency we’ll call these “Periodic” and “Cost of Sales”. Your accountant should be able to advise you on which is the best method for your business. This guide aims to equip you with the knowledge you need to accurately report on your inventory financials. After all, your inventory is your most valuable asset within your business. Now, let’s put it all toge […]
The rules are then applied at the partners’ or shareholders’ level to the extent the partnership or S corporation has insufficient debt to support the production or construction costs. Interest you paid or incurred during the production period must be capitalized if the property produced is designated property. If the policy or contract covers a key person, you can deduct the interest on up to $50,000 of debt for that person. If you make an installment purchase of business property, […]
This sum is typically displayed at the bottom of the corresponding side of the account. A T-Account is a visual presentation of the journal entries recorded in a general ledger account. This T format graphically depicts the debits on the left side of the T and the credits on the right side. This system allows … Continue reading “Accounting Basics: T Accounts”
This is where the value of bookkeeping comes in, and every lawyer needs to understand the role of bookkeeping in their business. Have you ever tried to balance your checkbook, only to find you’re a quarter off somewhere? That’s why it’s important to take your time, double-checking your entries as you go. With cash basis … Continue reading “Bookkeeping for attorneys”
Dummies has always stood for taking on complex concepts and making them easy to understand. Dummies helps everyone be more knowledgeable and confident in applying what they know. Meanwhile, Investors Title Company, one of the first small companies I could find on short notice that follows such a practice, doesn’t abbreviate its income statement at all. Dummies helps everyone be more knowledgeable and confident in applying what they know.I want to use this medium to share to you guys about […]
