Ask a question about your financial situation providing as much detail as possible. Our mission is to empower readers with the most factual and reliable financial information possible to help them make informed decisions for their individual needs. Finance Strategists…
A new and improved migration process gives you even more ways to move online. Move from any version of QuickBooks Desktop, and only migrate the data that matters most to you. Cassie is a former deputy editor who collaborated with…
EBay sellers can simply scan their receipts from the mobile app, which are then human-verified and categorized for expense reports and tax deductions. Make sure that the software you choose enables you to easily monitor your income and expenses. This approach provides…
Since the machinery and equipment will not last forever, their cost is depreciated on the financial statements over their useful lives. When a plant asset is acquired by a company that is expected to last longer than one year, it…
This is not a complete list of benefits that businesses can expect when partnering with an outsourced accounting firm. Your company can gain game-changing financial insights and unlock benefits including increased cash flow and higher profit margins. If that sounds…
Enterprise resource planning (ERP) software includes all the features of accounting software, plus additional features such as CRM, inventory management and project management. ERP software is typically used by larger businesses while accounting software is more suited for small businesses.…
As always, we recommend speaking to a qualified financial advisor for advice. This compounding effect causes investments to grow faster over time, much like a snowball gaining size as it rolls downhill. I’ve received a lot of requests over the…