QuickBooks says that everyone on their Live bookkeeping teams are Certified ProAdvisors (some of them CPAs) with experience working with small businesses. If you have at least 2 months of…

This is also a good reason to conduct account reconciliations for all balance sheet accounts at regular intervals, which will detect unreversed entries. At the beginning of the new accounting…

Next, subtract the first month’s interest from the monthly payment to find the principal payment amount. For example, you may want to keep amortization in mind when deciding whether to…