In many instances, voiding a check is necessary for bank account verification, which involves providing a check specimen in order to confirm account information. This is the information that today’s electronic banking services need to […]

For example, online Accounting For Architects banks allow you to link external accounts by typing in those details yourself. Billers, such as utility companies, also accept payments by e-check when customers input their checking account […]

Unearned revenue is also referred to as deferred revenue and advance payments. You will, therefore, need to make two double-entries in your business’s records when it comes to unearned revenue, once when it is received, […]

The company that receives the prepayment records the amount as deferred revenue, a liability on its balance sheet. Unearned revenue is usually disclosed as a current liability on a company’s balance sheet. This changes if advance […]

Features include AI-powered financial insights, automated expense tracking, simplified tax preparation, and free invoicing. ZipBooks is an intuitive accounting and bookkeeping software for self-employed individuals, providing an efficient way to manage their financial activities. It […]

One way is by qualifying you for more deductions and credits than you would have otherwise. Plus, your CPA will already know what to do with your tax return — which takes up less time […]

Current assets are a company’s possessions it plans to convert into cash or use up within a year, like cash, inventory, and accounts receivable. Non-current assets are things a company owns but won’t convert to […]

It can also come in handy and save you money with business tax deductions. Establish a hierarchical structure that aligns with the business’s operations and reporting requirements. Group similar accounts together under relevant categories for […]

QuickBooks Enterprise, then, will be the only remaining desktop solution. QuickBooks Online offers four pricing plans that start at $35/month and cost up to $235/month, depending on the number of features and users your business […]

The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation. Help us to improve by providing some feedback on […]

Streamline your dispatch, quoting/invoicing, service, projects, and reports. Prices for steel, lumber, and concrete can vary widely over a project’s lifecycle. Construction businesses must adapt quickly to these changes to safeguard their margins. Regularly updating […]

These services ensure that financial transactions comply with industry standards and tax regulations, which can be quite complex given the scope of construction projects. Equally, by leveraging professional expertise, construction businesses can enhance their financial […]