It’s easy to loop in your accountant and, unlike some competitors, it can scale to meet a growing business’s changing needs. Next, you can customize invoices, set up automatic sales tax tracking (if necessary) and learn how to enter mobile receipts and bills. You can edit all of your business’s account settings using the gear […]
Category Archives: Bookkeeping
We’ll transfer your data for you with QuickBooks Payroll Elite. With QuickBooks Payroll Premium, you’ll transfer your own data but we’ll review to make sure everything is correct. Find help articles, video tutorials, and connect with other businesses in our online community. We will help you transfer any existing payroll information to QuickBooks. Now that […]
Company A purchases a machine for $100,000 with an estimated salvage value of $20,000 and a useful life of 5 years. The fraud was perpetrated in an attempt to meet predetermined earnings targets. In 1998, the company restated its earnings by $1.7 billion – the largest restatement in history. Recognizing their differences sharpens financial insights […]
Say goodbye to mountains of documentation and tedious manual data management—we automate inputs directly from your linked accounts. Get insights from one centralized dashboard so you can effortlessly understand your brokerage’s financial standing and make strategic decisions. With Bench Accounting, insurance brokers can focus more on policies and less on paperwork. All of the practices […]
Your bank or credit union should provide a 1099-INT form each year reporting taxable interest payments made to your account. If you don’t receive this form, you still must report taxable interest alongside your income when doing your taxes. And because MMAs are not tax-advantaged, everything you contribute is post-tax earnings. Connexus Credit Union dividends […]
Looking at the financial-services industry specifically, we have observed that financial institutions using a centrally led gen AI operating model are reaping the biggest rewards. As the technology matures, the pendulum will likely swing toward a more federated approach, but so far, centralization has brought the best results. Indeed, AI could add $170 billion to […]