Ledger Bench

As your business grows and expands, there is a consecutive expansion of your administrative and financial tasks as well. Needless to say, you require more time, expenses and effort to manage it all...

In any business, money is the soul. Money encourages in performing everyday business exercises. The installment of representatives likewise relies on the accessibility of money. Promoting of products...

Outsourcing your bookkeeping services has never been so accessible and compelling than it is today. The introduction to new technology, cloud computing has changed the way we do business today. The...

A general ledger is the backbone to your accounting activities. Read the blog to know what it is, how to maintain & it benefits your business. Ever since business and trade continue to exist in the...

Payroll compliance is more than just ensuring paychecks come out on time. Cutting checks have become merely the least important job for a professional. These days ensuring the compliance with...

Statutory compliance in Payroll is a complex process with changing legislation, varying allowances and deductions and compliance issues. Many businesses manage payroll in-house while some outsource it...

The Revenue Recognition Principle is the concept that determines how revenue should be recognized and reflected in a business’ balance sheets and Financial Preparation services statements. It differs...

With student debt being higher than ever before and a record number of student loans falling into default, it’s become clear that people need assistance with paying down their student loans. No one...

Around one-third of people look for a tax preparer, an accountant or a tax advisor to file their tax returns, but with little or no information, it is difficult to find the best one. While looking for...

Organizing and streamlining your business operations and logistics is the ultimate goal of every business. Outsourcing bookkeeping and accounting tasks are one such way to efficiently run your...

"Ethics is knowing the difference between what you have a right to do and what is right to do."- Potter StewartEthics is an integral part of an individual that defines his/her professional ethics. And...

IRS Form 1099 is the IRS form for filing taxes. It is used by companies to report payments made other than salaries, regular wages or tips which are reported through W-2 form. The 1099 form is...

IRS Form 4562 is used for filing tax returns, it’s an amortization and depreciation form. Depreciation refers to the calculated loss of an asset though its working life span. Amortization refers to an...

Small businesses use IRS Form 8941 in order to claim a tax credit for the health insurance premiums they pay for their employees. To qualify for this tax credit, the business must have fewer than 25...

Managing business finances is a vital part of a business and good accounting software can help with managing it. Most of the small businesses use Qb as their accounting software. Qb is easy to use and...