Category: Bookkeeping

  • Five myths and realities about zero-based budgeting

    You Need a Budget is probably the most well-known, and it’s based on zero-based budgeting principles. It also teaches you to live on last month’s income, which is great for people who have a variable income or are self-employed. Zero-based budgeting encourages you to create a budget that incorporates spending and saving. You’ll have some…

  • Ecommerce Bookkeeping: The Small Business Guide

    To assess profitability, look at important financial indicators like gross profit margin, net profit margin, and operating profit margin. Analyzing these indicators helps to determine potential areas for cost reduction and revenue maximization. Implementing internal controls helps safeguard assets, prevent fraud, and ensure compliance with regulatory requirements. Ecommerce businesses should establish segregation of duties, authorization…

  • 3 Best Accounting Firms in Lancaster, CA

    You should determine the type of services that the company offers and if those services match your specific needs. It is important to look into credentials such as an accounting firm’s professional qualifications, expertise and experience in the field of accounting. Additionally, when comparing accounting companies in Lancaster, you should weigh the quality of their…