The IRS has created worksheets to guide you recording transactions through calculating your estimated tax payment amounts and provide you with payment vouchers. It’s a good idea to pay as much as you can towards your estimated taxes throughout the year to prevent facing a large lump-sum tax bill. If you struggle to make payments, the […]

Consequently, fluctuations in operating cash flow might not always reflect changes in operational efficiency or business strategy. Young or fast-growing companies often have negative cash flow from financing activities because they frequently raise capital, but mature companies may return more cash to investors via dividends or share buybacks. Finally, cash flow from financing activities captures […]

Content Choose how you’d like to contact us Interested in a product? Talk to our sales team Customer Relations Customer Support Plans Disable the Integration Potentials are won or lost depending upon the offers you make. Once you have set up the integration, you can link potentials from your Zoho CRM account, to quotes, sales […]

In August, 2012, the company announced the acquisition of Vuru.co,[17] an online stock-tracking service. Zoho Books offers a robust free plan, along with a range of paid plans that feature workflow automation. QuickBooks Online’s detailed reporting and transaction tracking is ideal for growing businesses. Moreover, you can integrate QuickBooks with hundreds of third-party tools available […]

The benefit to the customer is that they do not expend capital until it becomes profitable to them. This means they only purchase it when the end user purchases it from them or until they consume the inventory for their operations. Consignment inventory is the inventory owned by the supplier/producer (generally a wholesaler) but held by a customer […]

This process dilutes the ownership and rights of existing shareholders (provided they do not buy any of the new offerings). Corporations can also engage in stock buybacks, which benefit existing shareholders because they cause their shares to appreciate in value. Corporate property is legally separated from the property of shareholders, which limits the liability of both absorption […]

On the employee’s pay stub, net pay is recorded both for the pay period and cumulatively for the year. Typically, pay stubs for hourly workers show the number of hours the employee worked. Salaried employees’ pay stubs may also show the number of hours they recorded working if they track their time. If the employee works […]

The invoice section of QuickBooks Self-Employed is great for keeping track of who has paid you and which bills are still outstanding. However, it’s important to note that settled invoices don’t carry over to your tax summary and profit and loss report automatically. Once you’ve marked an invoice as “Paid,” you will still need to […]

It’s more expensive, but it comes with far more features than the rather bare-bones QuickBooks Self-Employed. With QuickBooks Online, you’ll be able to pay bills, send invoices, manage contractors and even more. QuickBooks Self-Employed is better for maximizing your tax benefits as a sole proprietor—but it doesn’t offer much else. With QuickBooks Online, you’ll get […]

When you use an in-house accountant, you’re often subject to a single person’s skills, experience and availability can lead to financial errors and missed deadlines. A virtual bookkeeping company often employs a team-based approach and a peer-review process which can lead to enhanced accuracy and timeliness of deliverables. Your virtual bookkeeper is now your partner, […]