Inside the Role of a Bookkeeper Tasks, Tools & Benefits Built by founders for founders, we handle everything from daily bookkeeping to complex tax filings, R&D credits that put cash back in your pocket, and fractional CFO services. These financial reports show a businesses bottom line and operating expenses, the balance of assets and liabilities [...]
The Alternate Minimum Tax (AMT) is a separate tax calculation that applies to certain taxpayers in India. It ensures that individuals and businesses who have reduced their tax liability through the use of certain deductions and exemptions still pay their fair share of taxes. The AMT uses a different set of rules to calculate taxable [...]
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The mobile platform is user-friendly and retains most of the functionality available on the desktop version, including charting tools, technical indicators, and real-time quotes. Vantage’s Standard account features a $50 minimum deposit and very favorable spreads. The broker also offers a choice of trading platforms, diverse tradable instruments, and top-tier market research and educational content. [...]
An income statement shows a company's financial health through its revenues, expenses, and profits. Regular checks and reconciliations show a company is serious about correct data. Being clear about things like total revenue and expenses income statement expenses list helps with transparency and future financial checking. Monthly Expenses Template Once you have gathered this information, [...]
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Aging of Accounts and Mailing Statements The Accounts Payable Aging Report reflects a range of transactions, including all vendor invoices, credit memos, and payments made. It categorizes these transactions based on the time elapsed since the invoice date, highlighting the total amounts that are currently due or overdue. Luckily if you aren’t too familiar with [...]
IND AS 115: A Complete Guide to Revenue Recognition 2025 Common challenges include handling multiple performance obligations, estimating variable consideration, and managing contract modifications. These require careful identification and allocation of transaction prices, robust estimation processes, and flexible contract management systems. Getting your revenue recognition right under ASC 606 is so important for keeping your [...]
Debit vs Credit What's the Difference? Example Chart Explanation Equity, also known as Owner’s Equity or Stockholders’ Equity, represents the owners’ claim on the assets of the business. This includes Contributed Capital, which is the money invested by owners, and Retained Earnings, which are the accumulated profits of the business not distributed as dividends. An [...]
