Category: Bookkeeping

So, your break even plan will form your datum point at which you become profitable. Achieving 5% may well be the disired growth rate to allow the business to succeed, achieving 10% or 20% would facilitate excellent business growth. Knowing this allows you to set targets for your sales teams and provide incentives for them…

You can also talk to an agent through live chat during business hours or explore some of its self-help resources and troubleshooting guides online. As of this writing, we quickbooks for accountants haven’t found any QuickBooks Accountant Desktop reviews. It’s best to conduct additional research and reach out to actual users who have experience with…

The business has paid $250 cash (asset) to repay some of the loan (liability) resulting in both the cash and loan liability reducing by $250. We will now consider an example with various transactions within a business to see how each has a dual aspect and to demonstrate the cumulative effect on the accounting equation.…