Category: Bookkeeping

It includes common stock, retained earnings, and additional paid-in capital. Balance sheets are one of the most critical financial statements, offering a quick snapshot of the financial health of a company. Learning how to generate them and troubleshoot issues when they don’t balance is an invaluable financial accounting skill that can help you become an …

Balance Sheet Forecasting: A Guide For BeginnersRead More

Companies that report on an annual basis will often use December 31st as their reporting date, though they can choose any date. Harvard Business School Online’s Business Insights Blog provides the career insights you need to achieve your goals and gain confidence in your business skills. What is a cash flow statement? If you don’t, …

The Ultimate Guide to the Three Financial StatementsRead More

Financial statements help nonprofits rate their organization’s income and net assets, providing a detailed look at how these activities impact the overall financial health of the organization. The Statement of Financial Position, also known as the Balance Sheet, is a financial statement that provides a snapshot of an organization’s financial position at a specific point …

Nonprofit Financial Statements: Complete Guide with ExamplesRead More

When in doubt, please consult your lawyer tax, or compliance professional for counsel. Sage makes no representations or warranties of any kind, express or implied, about the completeness or accuracy of this article and related content. GAAP compliance ensures that reports meet the legal requirements and align with industry standards. Include details on how you’re …

Reading and understanding financial statements for NPOsRead More

These regulations, such as the IRS’s annual filing rules, can include reporting deadlines, levels of expenditure, and standardized documentation around grant revenue recognition. To grasp the concept of grant accounting, it’s helpful to start by defining what we mean by “grants” and how they function within a nonprofit context. Grant budgeting is the process of …

Grant Accounting: The 2025 Guide to Effective Financial TrackingRead More

By the way, I did our own accounts for many years because I lost confidence in accountants. I won’t bore you with the reasons but I have built up a successful solvent business which employees people and I make no apology for being unqualified. We have no debt whatsoever apart from the money we owe …

Guide to Grant Accounting for Nonprofit OrganizationsRead More

They can also process vendor bills and ensure timely payments, boosting cash flow and maintaining positive relationships. Book a free consultation with Pearl today to fully understand the impact of hiring a remote bookkeeping assistant. Our experts will provide tailored insights into the benefits of virtual bookkeeping VA and offer guidance on finding the right …

Scale Your CPA Practice: Virtual Assistant Success BlueprintRead More

The right sourcing contribution margin strategy helps your practice grow by identifying candidates who understand the complexities of accounting workflows. Allow our US-based network of professional bookkeepers to aid you in your financial data requirements. Free yourself from the busy work of bookkeeping and unlock a new system of efficiency and growth with a virtual …

How to Hire a Remote Bookkeeping Assistant: 2024 GuideRead More

That’s about $10 million more than the sales produced by the Bored Ape Yacht Club NFT collection which saw $59 million. Moreover, The Sandbox sales are much larger than the Cryptopunks NFT collection sales which captured $17 million last week. The virtual reality platform powered by the Ethereum blockchain, Decentraland has seen the sixth largest …

Virtual Metaverse Plots Outpace Top NFT Collection Sales, Play-to-Earn Tokens Surged in Value This YearRead More

Buying ETH can be advantageous because most NFT land sales accept cryptocurrency. You might head to popular metaverses like The Sandbox or Decentraland if you are looking to host online events and concerts. Alternatively, Cryptovoxel might be best suited for your need if your goal is to display your NFT collection and meet new creative …

What Is Virtual Land and Why Are People Buying ItRead More