Category: Bookkeeping

Because the value of liabilities is constant, all changes to assets must be reflected with a change in equity. This is also why all revenue and expense accounts are equity accounts, because they represent changes […]

Also, it offers more services to QuickBooks Online users than QuickBooks Live; and, upon enrollment, you’re assigned your own dedicated bookkeeper and account manager. Wave Advisors didn’t score well in terms of customer service, as […]

A ratio greater than 1 shows that a considerable portion of the debt is funded by assets. A high ratio also indicates that a company may be putting itself at risk of defaulting debt to […]

It also includes any additional funds the owner has added to the company since startup, either from net income or fresh capital from additional owners. Greater investment by the owner, all things being equal, means […]

You’ll also get business friendly perks like batch payments and integrations with your favorite online accounting providers – to save time as well as money. At the top part of the receipt, it must include […]