Category Archives: Bookkeeping

Accounting Basics: T Accounts

Remember, mastering the basics is the foundation for financial success. Use them to track your business transactions, analyze your budget, or even impress your friends with your accounting prowess. Now you’re equipped to tackle those transactions with confidence, understand your … Continue reading

Posted in Bookkeeping | Comments Off on Accounting Basics: T Accounts

How Much Does Bookkeeping for Small Businesses Cost?

Additional expenses include benefits such as health insurance, retirement contributions, paid time off, and payroll taxes. Depending on the location and experience level of the bookkeeper, salaries can vary widely. The good news for most small businesses is that they … Continue reading

Posted in Bookkeeping | Comments Off on How Much Does Bookkeeping for Small Businesses Cost?

What Is Footing in Accounting?

Footing is an integral part of bookkeeping and auditing, helping to verify that the calculations in financial documents are correct and complete. Horizontal analysis, also known as trend analysis, involves the comparison of financial data over a series of reporting … Continue reading

Posted in Bookkeeping | Comments Off on What Is Footing in Accounting?

Accounting Firms Minneapolis CPA Firms in Minnesota

We provide comprehensive and reliable financial support for businesses across various industries. By outsourcing your accounting needs to our experienced team, you can focus on core operations while we handle the financial aspects of your business. Our Minneapolis CPA firm … Continue reading

Posted in Bookkeeping | Comments Off on Accounting Firms Minneapolis CPA Firms in Minnesota

Understanding Capital Stock: Definition, Types, and Examples

Most investors can reduce their capital gains taxes by holding their investments for over one year. If you sell before one year, the gains are taxed at your ordinary income level, which is generally higher than the long-term capital gains … Continue reading

Posted in Bookkeeping | Comments Off on Understanding Capital Stock: Definition, Types, and Examples