Accounts receivable is listed on the company's balance sheet as a current asset. A common misconception is that the biggest accounts receivable challenges are related to late payments or high DSO. These are actually consequences of having poor AR management processes in place. The issue often lies internally and only you can fix this within [...]

But then find yourself in a position handling a significantly higher per month amount of bank accounts and transactions down the road. Since your agreement doesn’t specify what is and what is not included in monthly bookkeeping services, it’s hard for you to increase your price without potentially souring the relationship. The burden is on [...]

Automatic Data Processing, Inc., commonly known as ADP, is an American provider of human resources management software and services. To help your company handle these employee requests, establish specific procedures that adhere to all applicable laws and train supervisors accordingly. New Mexico has enacted legislation (Senate Bill 35) that will require employers to pay high [...]

Potential business owners must consider the stock par value to incorporate a company. The capitalization objective may be easily defined if the corporation decides to establish a price for each share issued. This provides a coupon rate that is greater than the going rate of interest. Investors will fork over more money because they anticipate [...]

And you will also know about the need for updates each time your provider brings out a new version of the software. If your business is looking for a more effective way to manage its financial affairs, here are six reasons for seriously considering a move to cloud accounting. The adoption of blockchain technology within [...]