Category: Bookkeeping

At Stokes & Company CPAs, we’re deeply connected to the Columbus, NC community. We understand the challenges that local businesses face and the importance of financial planning for individuals and families. Whether you’re looking for comprehensive bookkeeping services or wealth management strategies, we offer solutions tailored to meet your specific needs. Since 2017, NSKT Global […]

Labor and production data automatically update budgets, which shows the financial effects right after teams submit timesheets. Each plan comes with cloud access and supports over 100,000 employees, customers, and vendors. You can add services like QuickBooks Time Elite at $5 per employee monthly. Rick is a highly accomplished finance and accounting professional with over […]

Specialties include general financial planning, balance sheet career development, lending, retirement, tax preparation, and credit. If you’re a self-employed individual that works with international clients and accepts payments in different currencies, this software would be ideal for you. Xero offers a multi-currency accounting feature that lets you pay and get paid in more than 160 […]

The software Budgeting for Nonprofits is also very intuitive and easy to use, with a simple dashboard that gives you a quick look at important data like profit and loss, cash flow, and income and expense summaries. The Reports feature lets you see how well your business is performing. You can keep track of every […]

It serves as the backbone of your nonprofit’s spending, fundraising, and much more. Discover seven powerful collaboration tools that transform chaotic nonprofit teamwork into streamlined fundraising success—helping you raise more while stressing less. Givebutter’s top-rated tools are free because of donor tips, which helps it maintain the lowest pricing in the industry. Plus, Everything You […]

If you’re managing a multiple six- or seven-figure budget, asking a financial expert for help is always a good idea. For example, if you are seeking a $10,000 grant with a 75% chance of being awarded, adjusting the revenue forecast to $7,500 accurately reflects the projected income. As you go along, don’t be afraid to […]

The accounting equation totals also tell us that the company had assets of $17,200 with the creditors having a claim of $7,120. Although owner’s equity decreases with a company expense, the transaction is not recorded directly into the owner’s capital account at this time. The proceeds of the bank loan are not considered to be […]

At Auditox Accountancy, we provide accountancy services for these business styles. We are more than happy to discuss your options if you need guidance. We can detail the benefits of being a sole trader and having a limited company. If this is an area you would like to discuss, please contact us today. There are […]

Reciprocal allocation is employed when there is a mutual exchange of services between different cost centers within an organization. This technique takes into account the interdependencies between cost centers and allocates costs accordingly. For example, if the production department provides support to the marketing department, and vice versa, the costs of both departments will be […]

Reciprocal allocation is employed when there is a mutual exchange of services between different cost centers within an organization. This technique takes into account the interdependencies between cost centers and allocates costs accordingly. For example, if the production department provides support to the marketing department, and vice versa, the costs of both departments will be […]