The client company also remains liable for tax remittance whether or not it has outsourced this particular payroll function, meaning it’s on the hook for any errors even if it’s not immediately responsible. The process of managing employee payroll is

However, in most cases, you'll have to wait for the transaction to post before disputing it. Proactive account management can help avoid many transaction-related issues. Regularly reviewing account activity, promptly addressing discrepancies, and understanding the terms and conditions of your

QuickBooks, NetSuite, and Acumatica have been designed with customization and specialization in mind. We understand the benefits of optimizing QuickBooks for your business and industry. Our ongoing review of systems & output to ensure processes are being followed and your

The two-month window for refunds might be limiting, especially if problems arise later. Bank reconciliation is a process that matches your bank statementlines, as supplied by the bank, to your accounting transactions in thegeneral ledger. Odoo makes bank reconciliation easy

For example, a company may be sitting on a very large cash balance. This capital could be used to generate company growth or invest in new markets. There is often a fine line between balancing short-term cash needs and spending

It’s an excellent tool for comparing different companies within the same industry, viewing their financial structures, and evaluating their capability to survive in adverse economic scenarios. If the ratio is high, it usually indicates that the company is more solvent,

Acceptance Agents (AAs) and Certifying Acceptance Agents (CAAs) can help you complete applications. See IRS.gov – ITIN Updated Procedures Frequently Asked Questions. They will get you the answer or let you know where to find it. USA.gov is the new centralized place

Through budget management and variance analysis, these services contribute to maintaining cost discipline, thereby improving a company’s profitability. You may need a provider offering accounting, bookkeeping, financial reporting, auditing, tax planning, preparation of financial statements, management reports, Etc. Traditional accounting

We are the trusted, independent resource for businesses of all sizes to explore, initiate, and embed outsourcing into their operations. There’s a lot of hidden costs invested in a product by the time you sell it. The obvious downside to

The left-hand side is known as the debit side and the right-hand side is the credit side. The record of trading transactions is kept on the folios or pages of these account books, called ledgers. The ledger folios have special