Category Archives: Bookkeeping

In this way, the $10,000 paid at maturity (credit to Cash) will be entirely offset with a $10,000 reduction in the Note Payable account (debit). The preceding illustration should not be used as a model for constructing a legal document; … Continue reading →

If you were on unemployment during the year, you might also have a 1099-G headed your way. Insurance companies file a 1099-SB when they transfer a life insurance contract. You’ll receive a 1099-SB from the insurer if you acquired the … Continue reading →

This is especially essential when a company’s profit margins are close to breakeven. As a result, investors pay close attention to the company’s cash balance and cash flow timing. By combining them, investors have a better understanding of the underlying … Continue reading →

You can also add products, product images, set up shipping and publish your site. In order to begin accepting payments, you will have to upgrade to a Premium plan. However, to experiment with Wix and test out its online store … Continue reading →

It is calculated by dividing the total liabilities by the shareholder equity of the company. The debt-to-equity ratio, or D/E ratio, is a leverage ratio that measures how much debt a company is using by comparing its total liabilities to … Continue reading →

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In addition, be sure to read up on the IRS’s latest rules and regulations to supplement these best practices. ZipBooks has the ability to automate many tasks and provide real-time data which helps in better decision making. ZipBooks is also … Continue reading →

Proposed §?1.30D-6(c)(4)(ii)(C) further provided that, for purposes of determining whether an applicable critical mineral is FEOC-compliant, an applicable critical mineral is disregarded if it is fully consumed in the production of the constituent material or battery component and no longer … Continue reading →

These are just a few of the attributes that Holbrook & Manter brings to the table for clients of all sizes and industries. If not, then perhaps you have not engaged the right firm for your needs. We streamline the … Continue reading →