by Mónica González-Adalid | Jul 3, 2023 | Bookkeeping
Using a general ledger, you can record all financial transactions taking place in a particular financial period, summarize them accurately, and use them to generate financial reports. Further, a general ledger helps you assess and track financial performance by...
by Mónica González-Adalid | Jun 26, 2023 | Bookkeeping
The eFile Tax App supports the preparation of these forms, but you may have to print and mail them in as per federal law. The IRS doesn’t charge a processing fee for this option. You can schedule payments up to 30 days in advance. You can also...
by Mónica González-Adalid | Jun 1, 2023 | Bookkeeping
In addition, the Premium version no longer supports Schedule C or F in interview mode. Intuit was widely criticized for these changes and responded with short-term mitigation, although it has not reversed the decision. On February 5, 2015, Intuit sent a second email...
by Mónica González-Adalid | May 5, 2023 | Bookkeeping
These virtual groups bring together like-minded professionals to share information, ideas, and opportunities. Platforms such as LinkedIn Groups, industry-specific forums, and professional Slack or Discord channels are goldmines for networking. It’s important to be...
by Mónica González-Adalid | Apr 28, 2023 | Bookkeeping
If used effectively, it can ensure the company first breaks even on its sales and then generates a profit. Fixed operating expenses, combined with higher revenues or profit, give a company operating leverage, which magnifies the upside or downside of its operating...
by Mónica González-Adalid | Apr 7, 2023 | Bookkeeping
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