What is a Purchase Book? with Template and Example

by | Oct 28, 2024 | Bookkeeping

Entities might purchases goods or services and make the payments immediately to suppliers by cash. The balance in this list is compared with the balance in the general ledger accounts payable account. This procedure helps to verify that all the postings have been made...

Profit formula: How to calculate profit easily

by | Jun 12, 2024 | Bookkeeping

The gross profit margin compares gross profit to total revenue, reflecting the percentage of each revenue dollar that is retained as profit after paying for the cost of production. Income and expenses relate to the entity’s financial performance. Individual...

How to bill a client for the first time 5 step checklist

by | Feb 29, 2024 | Bookkeeping

While it’s always preferable to have a signed contract or other written agreement in place, you don’t have to have a contract to invoice a client. While you can still recover owed money without a contract, it’s simpler to have one created—just in case. Check out this...

Tucson, AZ CPA Firm Construction Page

by | Jan 24, 2024 | Bookkeeping

Available services include local, state, and federal tax preparation, general bookkeeping, and expert QuickBooks set-up. The accountant helps business owners manage payroll and daily accounting, as well as providing up-to-date advice to streamline financial practices....

SIP Calculator Calculate Returns on SIP Investment Online

by | Sep 19, 2023 | Bookkeeping

You can use the SIP calculator to calculate the expected returns from various mutual fund SIP schemes. Once you have adequate data, analyse it to choose the one that works best for you. This is the standard SIP, where investors pay a fixed amount periodically. They...