da Sicplant | Apr 3, 2023 | Bookkeeping
When your reconciliation is complete, click the green Finish now button in the upper-right corner of the screen. After entering all your statement information, click the green Start reconciling button. If so, then it means you are on Business View. You can make...
da Sicplant | Mar 28, 2023 | Bookkeeping
Albert Einstein is said to have called “the power of compound interest the most powerful force in the universe.” The story in this posting will illustrate the power far better than I ever could in theory. It will also allow me an opportunity to come clean...
da Sicplant | Mar 3, 2023 | Bookkeeping
These trends are transforming how businesses manage their accounting functions, enabling them to optimize operations and focus on core business activities. The global pandemic has reshaped how businesses manage their finances, with many turning to offshoring...
da Sicplant | Mar 3, 2023 | Bookkeeping
As a result, these risks will be lessened, and your accounting service will improve. You won’t have to shed extra money for hiring, preparing, and managing your team since they get to share these responsibilities with you. It is important to note that the quality,...
da Sicplant | Feb 21, 2023 | Bookkeeping
Integrated billing systems can help your clients avoid late payments, and can help you set realistic payment terms delinquent clients can meet. Finding the right payment processor that can integrate into your system is important. It’s best to accept as many payment...
da Sicplant | Gen 27, 2023 | Bookkeeping
We note that when depreciation expense is considered, EBT is negative, and therefore taxes paid by the company over the period of 4 years is Zero. Implementing an effective tax shield strategy can help increase the total value of a business since it lowers tax...
