Category Archives: Bookkeeping

WHAT IS A LIABILITY? Financial Accounting: In an Economic Context Book

Content Short-Term Liabilities Noncurrent assets Liability Current liabilities / Short-term liabilities Build your dream business for $1/month Free Financial Statements Cheat Sheet Liabilities, on the other hand, decrease the overall value since they are deducted from the business’s revenue. A loan is considered a liability until you pay back the money you borrow to a […]

Connecticut Department of Revenue Services

Content Fax Open a business Telephone assistance tax information Online Services Department of Revenue Services An interactive electronic services platform that offers a fast, free, accurate, and secure way to conduct business with DRS. Only an investor and their financial professional know enough about their circumstances to make an investment decision. The July 2023 issue […]

Unleashing the Power of Outsourcing Bookkeeping Solutions Redefining Business Success

Content and most unfortunately, lost time? You get access to better bookkeeping technology. Core Accounting Harnessing Advanced Technology Software Expertise Ready to explore outsourced bookkeeping Services? What Are the Advantages of Outsourced Bookkeeping Solutions? We provide bookkeeping, payroll and accounting services across North America (USA & Canada) to a wide variety of clients. We consistently […]

Why Outsource Bills And Invoices? Benefits Of Outsourcing

Content Greater Accuracy In Invoice Processing What happens if you don’t outsource invoice processing? Reasons for Small Business to Outsource Invoice Processing Here are 5 reasons for small businesses to outsource invoice processing activity for sustainable business growth – Streamlining the approval process .css-g8fzscpadding:0;margin:0;font-weight:700;What is accounts payable outsourcing? Missed or late payments cost your staff […]

Income statement Definition, example & format of income statement

Content Rounding of amounts Determine if you’ll be preparing a single-step or a multi-step income statement and follow those steps Firm of the Future Income statement format with the major components There is no gross profit subtotal, as the cost of sales is grouped with all other expenses, which include fulfillment, marketing, technology, content, general […]