It negates the need for a separate bookkeeper by simplifying expense management and bank account reconciliation. The software streamlines finances by allocating transactions to specific projects, automates nonpayment reminders, and effortlessly converts project hours into billable time for invoicing. Its intuitive dashboard offers a quick snapshot of your financial health. Oracle NetSuite stands distinctively in… Read More
Daily Compound Interest Calculator
by • June 1, 2023
Note that when doing calculations, you must be very careful with your rounding. For standard calculations, six digits after the decimal point should be enough. In a flash, our compound interest calculator makes all necessary computations for you and gives you the results. The investing information provided on this page is for educational purposes only…. Read More
Marketing for Accountants 5 Strategies to Consider
by • March 6, 2020
As auditors take up this burden, their ability to carry out their oversight responsibilities will only improve. At approximately the same time, budget-stingy clients began to intensify the financial pinch on their agencies, as advertisers fled the longstanding 15% commission system for lower standard-fee structures. In some cases, logic and tradition drew some newly stretched… Read More
Outsourced Payroll Services: The Ultimate Guide
by • June 8, 2023
Outsourcing firms can often provide HR services at a lower cost due to their specialization and volume of work. In terms of pricing, Sage HR is affordable for medium-to-large-sized companies that operate across multiple countries. Sage HR pricing starts at $5.50 a month per employee and goes up to $216 a month per employee for… Read More
The 2020 Family Office Software Roundup
by • March 6, 2020
USA-based Private Wealth Systems provides the digital infrastructure that powers modern family offices across the world. The platform is able to support even the most complex nested ownership structure through its capturing, correcting, calculating and presenting of actionable information across asset classes and currencies. Our family office software platform is designed to bridge the gap… Read More
Whats the Undeposited Funds account?
by • September 26, 2023
This gives you better control over your cash flow and streamlines your bookkeeping process. However, it’s important to regularly clear undeposited funds to ensure that your records are accurate and up to date. Now that you have created a new bank deposit form in QuickBooks Online, it’s time to select the payments that you want… Read More
What is Offshore Accounting? Remote Accounting Explained
by • February 3, 2022
While these are good ways to keep control of the hiring process, it can be tough to know when you have enough candidates or how good they really are. So, you’ll need a careful selection process to avoid hiring the wrong person or falling for scams. Doing so would strengthen tax collection in democracies and… Read More
What is Depreciation Accounting? Definition, Characteristics, Methods, Causes
by • May 23, 2022
This method is usually the Modified Accelerated Cost Recovery System. It assigns asset to specific classes, which determines the asset’s useful life. For instance, vehicles and computers have five-year lives, while residential rental real estate has a 27.5-year life. Depreciation calculations require a lot of record-keeping if done for each asset a business owns, especially… Read More
Bookkeeping & Accounting Services Singapore
by • November 3, 2023
Soho’s experienced and professional team offers an extensive range of Bookkeeping Services in Singapore. We have an experienced and professional team trained by the best accounting institutes. They have in-depth knowledge of the field and will assist you in managing your accounts properly. Through our affiliated firm, FE Advisory Pte Ltd, we offer value-adding advisory… Read More
Accounts Receivable Management Services Outsource Accounts Receivable Process
by • February 7, 2022
A collection agency can save you time and money by handling the communication and negotiation with your delinquent customers. They can also leverage their expertise and resources to increase your recovery rate and maintain your customer relationships. Finally, legacy applications used in accounts receivable management are often time-consuming and labor-intensive. They do not provide the… Read More