Bookkeeping

A positive BCR value indicates that the action would benefit your business, while a negative ratio suggests a net cash flow loss. You can decide whether to proceed with or abandon the activity based on the net benefit or loss. It’s essential to be cautious with overly optimistic long-term assumptions and focus on reasonable timeframes, […]

No matter which version of QuickBooks Desktop you’re using, you can switch to QuickBooks Online quickly and seamlessly. With our online migration tool, you can move all your data or move only what’s key—like balances and specific lists. If you need help, we can migrate your data for you at no additional cost. If you […]

The Early subscription is tailored for solopreneurs and business owners who are just getting started. You’re bank reconciliation exercises and answers able to send 20 quotes and invoices per month, enter five bills, reconcile bank transactions, capture bills and receipts with Hubdoc and view a short-term cash flow and business snapshot. Keep in mind that […]

We offer a free initial consultation to individuals and businesses. Most importantly, at Leon Jaferian, CPA, Inc. we strive to build a lasting relationship with each of our clients. We get to know you and make it our goal to help your business thrive financially through the ups and downs of the economy. Website development for […]

It can also be distant from the business units and other functions, creating a possible barrier to influencing decisions. A great operating model on its own, for instance, won’t bring results without the right talent or data in place. Patty is a senior manager and chief of staff at the Deloitte Center for Financial Services, […]

In retail, COAs often segregate accounts for inventory, sales, cost of goods sold (COGS), and various expense categories. For instance, a retail Chart of Accounts might have detailed sub-accounts for different product lines or departments. It helps track sales revenues, inventory levels, and specific expenses like advertising, rent, or utilities. To wrap it up, the […]

Using Hubstaff’s time tracking app for construction businesses, you can automatically generate time cards for your workers. This ensures payroll receives accurate data for the time workers spend on-site, as well as time spent traveling. Modernize your workforce management process and add to your existing tech stack with our platform that aims to be a […]