Category Archives: Bookkeeping

Outsourcing to India: Here’s What You Need to Know

This shift has been characterised by an emphasis on cutting-edge technologies, including artificial intelligence and machine learning (AI/ML), robotic process automation, and big data. But many companies think that their software development projects might get assigned to unskilled professionals, resulting in low quality of work. Businesses can now outsource a wide range of non-IT functions […]

What is Franchise Accounting And Why Your Franchise Business Needs It

For over 25 years, our CPAs and financial advisors have built lasting partnerships with our clients to help them meet their financial goals. We are dedicated to your financial success and work to customize our accounting services for franchisees to meet your operating expenses vs sganda specific needs and goals. We are committed to the […]

How to Register a Company in Singapore Your Full 2024 Guide

The best visa option for foreign entrepreneurs looking to move to Singapore and incorporate a company is the EntrePass, also known as the Entrepreneur Pass. This visa is specifically designed for foreign entrepreneurs who want to start a business in Singapore. It allows the entrepreneur to relocate to Singapore and operate their company. Types of […]

What Is the Effective Interest Rate Method of Amortizing a Bond?

Because the purchase price of bonds effective interest amortization method calculator can vary so widely, the actual rate of interest paid each year also varies. Notice that under both methods of amortization, the book value at the time the bonds were issued ($96,149) moves toward the bond’s maturity value of $100,000. The reason is that […]

Creating a Comprehensive New Bookkeeping Client Checklist

However, doing so means that you will spend significantly less time on data entry and will provide more efficient and accurate bookkeeping services. The bank feeds provide examples of key journal entries a complete picture of the transactions in the bank, although they need to be reviewed for accuracy through regular reconciliations. Start by collecting […]

Expanded Accounting Equation: Definition, Formula, How It Works

When a company purchases inventory for cash, one asset will increase and one asset will decrease. Because there are two or more accounts affected by every transaction, the accounting system is referred to as the double-entry accounting or bookkeeping system. Examples of assets include cash, accounts receivable, inventory, prepaid insurance, investments, land, buildings, equipment, and […]