Bookkeeping

It’s extremely helpful to avoid waiting for business hours to speak to a representative when the due date is approaching quickly. CSI Accounting & Payroll offers a small portfolio of specialized services that we believe are critical to the success of construction operations. You’ll have payroll that is tailored for your business and allows you …

Best Construction Accounting Company in Sarasota, FL Top Auditors at Miller & Company Read More »

CIP accounting also ensures transparency with clients and helps a company make effective decisions that affect the bottom line. Effective construction cost tracking is a crucial aspect of construction in progress (CIP) accounting, which is essential for accurate debit and credit management. By accurately monitoring and managing costs, construction companies can achieve better cost control, …

Construction-in-Process CIP Accounting Explained PVM Accounting Read More »

Over time, changes in this period can help companies determine whether they need to adjust their credit and collection strategies to achieve improvements in financial liquidity. The Average Collection Period (ACP) is a financial metric that measures how long, on average, it takes for a company to collect payment from its customers after a sale. …

What is the Average Collection Period and How is it Calculated? Read More »

The new rules require that all leases of more than 12 months must be shown on the business balance sheet as both assets and liabilities. That’s why operating leases of less than a year are treated as expenses, while longer-term leases are treated like buying an asset. Leasing vehicles and equipment for business use is …

What is a capital lease versus an operating lease under ASC 842? Read More »

For example, duplicate entry creates double the amount of time spent on one task while also increasing the risk of cost data being entered or allocated incorrectly. Ensure that all taxes, including payroll and sales taxes, are calculated correctly and paid on time. This will help you avoid penalties and maintain good standing with tax …

Construction Accounting: The Complete Guide for Contractors Read More »

The cost depends on a variety of factors like the size of your business and the complexity of your financials. CapForge emphasizes a customer-first approach in every aspect of our service. We foster open communication with our clients, offering regular updates and encouraging feedback to ensure that our services continually meet client expectations. Let’s discuss …

Best Online Bookkeeping Services For Small Businesses Carlsbad, California 2024 Read More »

Your general ledger should be up to date so that your bookkeeping software is able to provide functionality that you can navigate easily. QuickBooks is an excellent option for novice and seasoned digital bookkeepers alike. Those baby steps can help you manage your organization on a new and improved system. Bookkeeping vs. Accounting: What Are …

What Is Bookkeeping? Everything You Need To Know Read More »

In contrast, poorly performing companies often need to keep taking on debt to support unproductive investments that don’t generate the earnings and cash flow to be reinvested in high-return investments. This scenario often leads to more debt taken on board and a rising debt ratio. So in a sense, monitoring the debt ratio is a …

Debt to Equity Ratio: a Key Financial Metric Read More »

In either of these cases, the buyer has the right to return the damaged or incorrect inventory for a full refund. It gets created and then sent off to a supplier that also includes a note that explains what it’s for. Considering today’s busy and tight schedules of the employees in the industry, it is …

What does debit memo mean on a bank statement? Read More »

They cover everything from emerging tech and accounting app features and updates, to sales and marketing for accounting businesses. Kemberli has a specifically curated pool of guests, and each week, she interviews a business coach, support professional or other financial professional leading their field. On this podcast, she interviews people who build and use leading …

10 Best Accounting Blogs to Bookmark in 2025 Read More »