Archivio Categoria: Bookkeeping

Our expert bookkeepers here at Bench have built an income statement template in Excel that you can use to assess the financial health of your business and turn your financial information into an income statement. The statement is divided into time periods that logically follow the company’s operations. The most common periodic division is monthly […]

Retained earnings are shown under reserves and surplus under the equity side of the balance sheet. It is also reported in the statement of changes in the entity’s equity at the end of the reporting period. Retained Earnings are the portion of a business’s https://www.online-accounting.net/what-is-amortization/ profits that are not given out as dividends to shareholders […]

Many academic studies have explored different aspects of valuation methods, including their strengths and weaknesses, limitations, and how they can be improved or enhanced. Once you have calculated the values of d1 and d2, you can plug them into the formula for the call option value to obtain the option’s https://www.quick-bookkeeping.net/6-3-receivables-intermediate-financial-accounting/ value. This value can […]

Keep all cash, credit card, and other financial activities separate. When you keep detailed, organized records of your business transactions, tax season suddenly won’t feel like such a daunting chore. By being proactive with your bookkeeping, you’ll save your small business time when it comes to taxes. Income Statement There are numerous systems online for […]

You can add any amount of Catch Up bookkeeping to a standard Bench plan. No matter how far behind you are (yes, even years behind), we can get you caught up quickly. If you’re switching from QuickBooks, we’ll work from your closing balances to do your bookkeeping going forward. If you’re not sure whether your […]

Once your bookkeeper completes your year end financials, your dedicated Tax Coordinator and Bench Tax Advisor will facilitate the preparation, review, and filing of your income tax return. When it’s ready, we’ll reach out to you for the “all clear.” Then, we’ll file your taxes and pull funds directly from your account to pay any […]