Bookkeeping

In April, the beginning and ending accounts receivable balances were $420,000 and $540,000 respectively. DSO can also be compared to the industry standard, or to the average DSO for the top performers in the industry, to judge collection performance. Thus, a DSO figure of 40 days might initially appear excellent, …

Reach out anytime — we’d love to learn more about your business needs and see how Bench can support you. We’re here to help you explore whether our cash basis bookkeeping is a good fit for your business. I could have made decisions for my business that would not have …

Regular bookkeeping ensures your financial records are up-to-date. Falling behind can lead to inaccuracies and make tax season a nightmare. ‍A user-friendly option designed for small businesses and startups, FreshBooks simplifies invoicing and expense tracking. How Can You Analyze the Impact of Fundraising on Your Financials? Alright, now that your …

One of the most important aspects of starting a business is understanding the tax implications of your expenses. Not all fees that you incur during the startup phase are deductible, and some may have to be amortized over a period of time. The IRS has specific rules and tests for …

Pilot delivers detailed financial support through their unique “50/50” approach. The company’s core services include detailed bookkeeping, tax preparation, and CFO advisory that works well for growing businesses. That’s why many founders turn to outsourced accounting for startups, a scalable alternative to hiring an in-house finance team. These services handle …

“But I have simultaneously never felt so strong and upheld by God’s grace in my life. I have never felt so crushed and helpless in my life,” wrote Kim in an emotional post on Christmas Day. The next day, Kim shared the “first good news” that he had received since …

They may not commit treason, nor be outlawed, nor excommunicate, for they have no souls, neither can they appear in person, but by Attorney. Common types of corporations include S corporations and C corporations. While all corporations are companies, not all companies are corporations. A business plan helps outline the …