by Vlad Tomm | Apr 4, 2024 | Bookkeeping
Banks provide services for companies with a single bank and operate domestically, while corporate treasury managers’ services can be accessed through consulting for more extensive support. Treasury management systems are advantageous for in-house teams with...
by Vlad Tomm | Jul 24, 2023 | Bookkeeping
Reconciliation is a crucial process in accounting that involves comparing two sets of figures to ensure that they are accurate and consistent. In this article, we will delve into the world of reconciling in accounting, exploring its importance, types, and best...
by Vlad Tomm | Jul 3, 2023 | Bookkeeping
In accrual accounting, revenues are recognized when earned, not when received. This method ensures that financial statements reflect the real-time financial health of a property. Real estate accounting software often offers features to streamline accrual-based...
by Vlad Tomm | Mar 28, 2022 | Bookkeeping
By estimating job costs such as overhead, labor, and material costs, you can determine how much to charge for each project. This process, once understood and implemented, will give you a clear and confident understanding of your project costs, empowering you to make...
by Vlad Tomm | Apr 9, 2021 | Bookkeeping
You work it out by dividing your contribution margin by the number of hours worked on any given machine. The contribution margin is the percentage of revenue for a given product that a company earns after breaking even, and it’s just one important metric you can...
by Vlad Tomm | Jan 13, 2021 | Bookkeeping
If you want locally-installed software, you can take your pick from QuickBooks Pro, QuickBooks Premier, or QuickBooks Enterprise. However, QuickBooks Mac Plus does noticeably lack some of the features available on QuickBooks Online, including recurring invoices and...
