What Is Accounting? Definition, Objectives, Advantages, Limitation, Process

Some accounting software is considered better for small businesses such as QuickBooks, Quicken, FreshBooks, Xero, SlickPie, or Sage 50. Larger companies often have much more complex solutions to integrate with their specific reporting needs. Companies hold a certain amount of inventory, or finished products/goods, that have not yet been sold. It’s important that a company […]

The Best Personal Finance Software for 2024

Users rejoice at the platform’s transparent, simple pricing structure. And thankfully, there are subscriptions tailored to both individuals and more complex small businesses. Two of the most popular options are Quicken and Intuit QuickBooks. We’ll compare key features, as well as highlight the differences between the two products to help you determine which to choose […]

What Is a Vendor? Definition, Types, and Example

All of the entities in a supply chain that leads up to the final delivery of goods or services to a customer are considered vendors. With all the weariness of doing endless reconciling vendor accounts, you might need a system that could help facilitate the reconciliation process. With Peakflo, you can automate your process of […]

How to reconcile an account in QuickBooks Online

It’s stuffed with accounting features that bigger businesses need ― along with the support and education materials to help your business take advantage of your new software. Plus, businesses like contractors, manufacturers and wholesale retailers can get an extra boost with QuickBooks’s industry-tailored editions. Let’s say you created an account in QuickBooks and started tracking […]

Reorder point definition

Contents: How Are Reorder Points Used? Reorder Points Versus MRP or Forecast Based Planning Automating reorder point planning calculations recommendations for setting up Reorder Points Calculating Reorder point and Safety stock If your medical inventory crosses a certain limit, you need to replenish the inventory. It can help to prevent lost sales and ensure you […]

Florida Sales Tax Rates by City March 2023

Content Now Cut Those Checks Try Payroll Trial Florida sales tax resources Mistakes Small Businesses Should Avoid Florida Income Tax Calculator 2022-2023 If you’ve paid for more than half the cost of your household , consider this status. Be sure to double check all the stipulations before selecting, however. Picking the wrong filing status could […]

Our People Christian Hartnell

Content The BestAgent GDPR Data Bible Meet The Team A comparison of the UK and Australian personal tax system Rural Sales & Acquisitions Offices In 2019 Stewart was part of the team that successfully launched a Social Housing REIT listed on the International Stock Exchange resulting in their appointment as Investment Advisor. In 2019 Christian […]

Cost Accounting: What It Is And When To Use It

One of the biggest disadvantages of hiring a part-time bookkeeper is that they provide only partial support in an area of business that requires a lot of attention and detail. This is an added burden to any company owner who is also responsible for many other key areas of the business. The lesser cost of […]

Advance payments for goods and services

These taxpayers now have until Feb. 15, 2024, to file various federal individual and business tax returns and make tax payments. Facing the financial uncertainty that the coronavirus pandemic has placed on many businesses this past year, more businesses may consider advance billing. It’s an easy way to get money in your hands faster, so […]