Category: Bookkeeping

  • Xero vs QuickBooks: Which Is Better Accounting Software?

    Unlike QuickBooks, Xero users do not have any phone support options. To get it, you’ll just need to log in, visit Xero Central, and submit a query. You can then track its progress through a section called “My cases,” which details which specialist is working on it, the current status, and expected response time. Both…

  • Payroll Services for Small Businesses

    Gusto provides a wide range of integrations with many other software systems. Also, Gusto calculates, files and pays local tax obligations automatically. Intuit workforce portal is an employee self-service platform that enables employees to view their paychecks and W-2s. They can also apply for leave, view leave balances and enter time sheets on the portal.…

  • Xero Accounting Review 2024: Pricing, Features, Alternatives

    In our expert evaluation, we found that Xero has many great, useful features that can work with different businesses. Overall, it did an excellent job in most of the areas we examined, even though it fell short in customer service and the mobile app. Let’s look at our accounting expert’s walkthrough, analysis, and evaluation of…

  • Payroll Software Online Payroll Services

    The primary drawback of this method of managing payroll is the cost, as it’s the most expensive option. Many businesses appreciate the touchpoint with their employees of managing the process and making sure they are the ones that deal with any issues that come up. Having a third party handle that could impact your business…

  • Chart of Accounts: Complete Guide + Examples

    We provide third-party links as a convenience and for informational purposes only. Intuit does not endorse or approve these products and services, or the opinions of these corporations or organizations or individuals. Intuit accepts no responsibility for the accuracy, legality, or content on these sites. If you take a block away from one section of…

  • Virtual accounting: How to succeed remotely

    They are versatile enough to be utilized by internal accounting teams, even in traditional office setups. With their remote capabilities, teams can effectively work with these tools from any location. Today’s virtual bookkeeping tools make the bookkeeping process much more streamlined and efficient. These same tools can also be used in-house by an internal accounting…

  • Net Capital Spending Formula + Calculator

    In this case, the laptop would be recorded on the company’s balance sheet as property, plant, and equipment (PP&E). However, if the laptop is being used for personal use, it would not be considered a fixed asset and would not be recorded on the company’s balance sheet. Net fixed assets is the aggregation of all…

  • Download R-4 3.2 for Windows. The R-project for statistical computing.

    If there are multiple returns used in a calculation, they are often given subscript letters. Nasdaq-listed securities usually have four or five characters. The ticker symbol by itself has four letters; if a fifth letter appears, it identifies the issue as other than a single issue of common or capital stock. The Nasdaq has a…

  • Common Payroll Fraud Schemes: How to Prevent and Detect Payroll Fraud

    This type of payroll fraud can be carried out by individuals in the payroll department – signing over the false paycheck to their own bank account. This action can expose a company to a risk of an HMRC investigation, as the ‘ghost’ pay check often has no PAYE or NI deductions. A helpful method of…

  • Common Payroll Mistakes & How to Avoid Them

    Preventing each error listed above takes a variety of strategies, but we’ve included our top suggestions. Incorporating these elements into your payroll process can help you catch errors before they happen, making payroll faster, easier, and more accurate. When you hire employees, you set a pay frequency for the employees’ paychecks. The pay frequency can…