by Tony Stark | Jul 21, 2023 | Bookkeeping
For an additional fee, Bench offers catch-up bookkeeping if you’re behind on your financials. It also offers limited support for business taxes by preparing a year-end financial package for your CPA. You can pay for additional tax services by adding BenchTax to...
by Tony Stark | Jul 12, 2022 | Bookkeeping
Typically, sundry creditors arise from core business operations, such as the purchase of goods or services. Sundry debtors could be referring to a company’s customers who rarely make purchases on credit and the amounts are not significant. Businesses must...
by Tony Stark | Feb 25, 2022 | Bookkeeping
Nevertheless, the owners and private shareholders in such a company can still compute the firm’s equity position using the same formula and method as with a public one. If it reads positive, the company has enough assets to cover its liabilities. If negative,...
by Tony Stark | May 13, 2021 | Bookkeeping
It requires a skill set different from all other types of accounting because the government has unique needs that are unlike those of organizations in the private sector. Overhead costs are ongoing business expenses not directly attributed to creating products or...
by Tony Stark | Nov 30, 2020 | Bookkeeping
Access and download collection of free Templates to help power your productivity and performance. The most common FSAs used are health savings accounts or health reimbursement accounts, but other types of FSAs exist for qualified expenses related to dependent care or...
