Along with standard financial statements, Xero includes tax, purchases, sales, accounting, and inventory reports. Anything to do with running your business is found in the Business module, including options for invoicing, preparing quotes for your customers, bills that need to be paid, and other expenses. Looking for the best tips, tricks, …
And the old saying – where there is livestock, there is also deadstock – still applies, especially during cold winters and lambing or calving season. Most farmers will know how many animals they have, of what type, breed and age, to within a small margin. If you record these changes as they happen, it will make it much easier to keep your …
Is it a prepaid asset or an expense that was paid out? The bookkeeper would be able to tell the difference by the account number. An asset would have the prefix of 1 and an expense would have a prefix of 5. This structure can avoid confusion in the bookkeeper process and ensure the proper account is selected when recording …
Men have been at the top of the leading board for years, dominating the world of business. But with the rise of influential women like Coco Chanel and Estée Lauder came the launch of a whole new era for businesswomen across the globe. Union Square VenturesModern Fertility is a women’s health company focused on making fertility …
Use the mobile app to reconcile, send invoices, or create expense claims – from anywhere. To automate the reconciliation of credit card payments, subscribe to Silver Siphon. Your customers can pay using any device, anytime and anywhere, using all major credit cards, as well as PayPal, Social Payments, MasterPass and Visa Checkout. …
To make this comparison easier, the bookkeeper could tag the expenses to different departments of simply use different numbered accounts for each department. Department 1 could use for its supplies expense while department 2 could use to differentiate it from the other departments. I’ve learned (as I’d hoped) that if I add the …