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 [...]

Technically, net sales refer to revenue minus any returns of purchased merchandise. Compared with non-operating income, operating income provides more information about the fundamentals and growth potential of the company. Revenue is often called the top line because it’s located at the top of an income statement. When a company is said to have “top-line growth,” it means the company’s revenue—the [...]

This program is not open to the general public who are not clients of ADP and is not a program for job seeking individuals to gain employment with ADP if you do not meet the eligibility requirements. Don’t be confused when you see ADP Mobile Solutions listed as a product on the vendor’s website. This [...]