Xendoo is an excellent all-around pick for your small business’s bookkeeping needs. This platform scored well in every category, with the only drawback being its lack of tax filing services. If you haven’t found the services you need within the flat-rate packages, you can schedule a call with a representative and create a custom plan […]Continue reading
By taking the time to prepare and choose the right bookkeeper, you can ensure that your experience is positive and productive. When you outsource bookkeeping, make sure you know what you need, and then do some research to find the service that fits your needs. Pilot also charges an onboarding /setup fee equal to a […]Continue reading
Companies may have bonds payable, leases, and pension obligations under this category. Long-term assets are possessions that cannot reliably be converted to cash or consumed within a year. They include investments; property, plant, and equipment (PPE), and intangibles such as patents. Accounts are the bookkeeping or accounting records used to sort and store a company’s […]Continue reading
To complete the setup, choose a payout account (usually your Checking account) that will prepare your books for error-free reconciliation. When you look at the pricing, you’ll see that these apps are very reasonably priced for the work they’ll be doing for you. Some cons of this method are that it doesn’t give you a […]Continue reading
An accountant prepares reports for tax purposes and can also perform audits of public companies. Accountants do not automatically have a Certified Public Accountant (CPA) designation unless they have passed the Uniform CPA Examination and received the proper license. CPAs are also eligible to represent clients before the IRS if audit support is required, fort […]Continue reading