In-kind contributions can be an important source of non-profit revenue, particularly if the item or service is central to the organization’s mission. Often, in-kind gifts can help your non-profit ...
As a small business owner, handling bookkeeping can be overwhelming. While hiring a virtual bookkeeper is ideal, sometimes we find potential clients are not financially ready to outsource ...
If you pay your employees every other week but your income is recognized monthly, your revenue will not be matched to the expenses that helped earn it. On your income statement (P&L), expenses ...
Whether you operate a small business or a large enterprise, you will have to account for payroll. Properly posting and reporting payroll is a recurring task. If you follow best practices, you will ...
Running a successful business involves managing costs effectively. Two essential strategies come into play: Cost Avoidance and Cost Effectiveness. Let’s explore what they mean and how they impact ...
