On the whole, Bookkeeper360 is a good solution for startup and growing companies. If you want a more detailed view of business performance, you can switch to the Metrics view to year-over-year data for revenue and common size amounts for…
A positive cash flow is essential for meeting short-term obligations and seizing growth opportunities. Whereas an accountant reviews your books to help you file taxes and prepare for audits and funding rounds, a bookkeeper does the day-to-day tasks of keeping…
The higher the unit sales, the lower the breakeven point, as the business needs to sell fewer units to cover its expenses. Contribution margin is the amount remaining after all variable expenses are subtracted from revenues. It indicates the amount…
As a business owner, you have more important responsibilities than bookkeeping. Let our reliable and fully-equipped professional bookkeepers manage your books from A-Z. If you opt to have the tasks completed at our offices, you may scan your bookkeeping documents…
When you get the invoice, you’ll record it as an account payable in your books, because it’s money you have to pay someone else. However, not all of those purchases could estimate the amounts to be paid. Sometimes it is…