Danh mục: Bookkeeping

The Most Trusted Name in Legal Time & Billing Software

Look for features that support trust accounting, automated invoicing, financial reporting dashboards, and compliance with bar rules. PCLaw is a popular, long-standing practice management, billing and accounting solution for small and midsize law firms. It includes lightweight practice management (clients, cases and calendars), coupled with robust time tracking, billing and accounting (including robust financial reporting).......

Periodic Sentence

Under paragraph (e)(4)(iii)(B)(2) of this section, the first loan is treated as retired at the end of year 5 and a new 5-year split-dollar term loan is issued at that time, with interest payable at 10 percent. If the borrower (or lender) does or does not exercise the option as projected under paragraph (e)(4)(iii)(B)(1) of......

Singapore Payroll Essentials Statutory Reporting Explained

It’s crucial to report statutory requirements in a timely and accurate manner to maintain trust & credibility in the organization, avoid legal penalties, and ensure good governance practices are followed. Compliance safeguards against the repercussions of inaccurate financial reporting, preventing confusion among stakeholders. Compliance also enhances transparency, helping stakeholders understand a company’s performance. Well done,......

Best Accounting Software for Small Business of 2025

However, the good part is that the right SaaS accounting software is purpose-built to handle the intricacies of modern business finance. Managing business finances is tougher than ever with evolving compliance, global transactions, recurring billing, and data overload. Zoho accounting software, called Zoho Books, is free with revenues less than $50,000 per year. Then prices......

What Is Fixed Asset Turnover? Meaning and Formula Explained

First, subtract accumulated depreciation from your total assets on the balance sheet to arrive at the book value of the company’s assets. There­ are several factors that can influe­nce a company’s fixed asset turnove­r ratio. Below is an image­ comparing Coca-Cola’s fixed asset turnover with othe­r similar companies. What is a Good Fixed Assets Turnover?......

Motor Vehicle Installment Seller License

Each category has its own effect when debited or credited. Debit (Dr) indicates the left side and credit (Cr) the right side of a ledger account. This is general advice only and does not take into account your financial circumstances, needs and objectives. TaxDigital offers training solutions for modern accounting systems, and we can also help you......

Difference between current and capital expenses has big tax consequences for rental property owners

Business expenses that are meant to help the company grow over time are deducted differently. Current expenses are typically the normal, everyday costs of running your business. In some cases, your small business can deduct an expense only in the year that it was purchased, which are called current expenses. Capital expenditures play a transformative......

Law Firm Bookkeeping: Clean Financials for a Compliant Practice

This allows you to analyze profitability at a granular level and make strategic resource allocation decisions. Providing several flexible payment options can help your team get paid faster and improve payment collection. In our 2024 Legal Industry Report, MyCase and LawPay customers collected 33% more from their clients who paid using online payments. You must......