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 [...]

When you sign up, you get dedicated bookkeepers and accountants who handle your account. Imagine the amount of time that you will save if you choose an outsourced accounting service to handle your bookkeeping rather than doing it yourself. USP – Their USP is that they have a team of talented and multilingual accountants who [...]

Debit your Finished Goods Inventory account, and credit your Work-in-process Inventory account. Before we dive into accounting for inventory, let’s briefly recap what inventory is and how it works. Another pro of inventory is that it can provide a buffer against supply chain disruptions or unexpected spikes in demand. By having extra stock on hand, [...]

However, to accept electronic payments from your customers, you'll need to enable Wave Payments. In this blog post, we'll compare FreshBooks and Wave, going over their features, advantages, and disadvantages. Our goal is to assist you in making an informed decision that makes financial management easier for you. There's no doubt that choosing the right [...]