For example, if a product is damaged in transit or a customer wants to request a refund, it can be very difficult to track these items using eBay alone. First and foremost, you need to speak with an accountant or licensed tax professional. This is general information, but no blog or social media post should […]
That makes your income more accurate and predictable, and investors prefer to see that regular revenue. Deferred Revenue is when a client pays you ahead of you delivering a service. For example, if you charge a client’s credit card for a 12-month subscription, contracts – you just got 12 months of cash from that client! […]
Shopify payouts may not align perfectly with monthly bookkeeping periods – e.g., when a payout crosses a month-end boundary (August 28 – September 5). Let’s drill down into the specifics of how some Shopify transactions should be accounted for. Where can you find an accountant or bookkeeper who works with Shopify merchants? Choosing the Best […]
Alternatively, if you choose to enroll in a class with a traditional educational institution, such as a college or university, the cost can exceed $1,000. To help you launch your career, you can join other bookkeeping students through the college student community portal to get peer support. At the end of the program, students should […]
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On top of that, our financial reports will give you a clear understanding of your business’s financial performance, helping you make informed decisions for your business growth. Quickbooks creates a tax checklist and a step by step process so that you can rest assured you’re doing everything correctly. Quickbooks nails accounting and easily tracks time, […]