Categoria: Bookkeeping

Economic Order Quantity Guide: Definition and Formula 2022

Honing the inventory control method that works best for your brand requires rigorous attention. Therefore, an optimal quantity of inventory to be ordered at a time requires balancing two factors of the equation. Material is often existing as a cushion between production and consumption of the goods. Importance of calculating EOQ It is necessary for […]

Change or reset your password Computer Google Account Help

You can search for “free email providers” to find another email provider you like and set up an account. Once you create a new email address, you can use that to set up a Google Account. If you’re having trouble resetting your password or can’t sign in to your account, get more help. Manage your […]

Construction accounting for busy contractors

Home buyers can be billed by lump sum, time and materials, unit price or other variables. Bills can also be impacted by construction change orders or issues that might come up during the project. It’s common for construction companies to build more than one project at a time. Accounting Methods Once you complete the project, […]

Internal Communications Best Practices

Alignment reduces confusion and keeps projects moving in the right direction. This is what we call internal communication — and when it’s done right, it keeps everyone aligned, motivated, and moving in the same direction. Without a specific internal communications plan, it’s impossible to proceed in an organized fashion or measure the progress being made […]

Adjusted Trial Balance Example Format

Each step in the accounting cycle takes up precious time that can be better spent focusing on your business. Enter Bench, America’s biggest bookkeeping service and trusted by small businesses in many different industries across the country. We take your raw transaction information directly through secure bank and credit card connections and turn them into […]

Bookkeeping 101: A Simple Guide to Getting Started VIDEO

However, if accuracy, financial analysis, and compliance are priorities, double-entry bookkeeping is the better choice. For small businesses, proper bookkeeping isn’t just about compliance—it’s a tool for growth. Every transaction, from a small purchase to payroll processing, contributes to the bigger financial picture, helping businesses stay organized, compliant, and ready for future success. While the […]

Discounted payback method definition, explanation, example, advantages, disadvantages

To find the Discounted Payback Period, first apply a discount rate to each cash flow. Next, identify when the total of these discounted cash flows matches the original investment amount. The discounted payback period influences decision-making processes by offering insights into the recovery of initial investment costs. It aids in identifying investments that not only […]

The Best Bookkeeping for Daycare, Childcare, or Preschool With Local Reviews Last Updated September 2025

Regularly reviewing these elements will help you maintain accurate employment records and avoid financial discrepancies. Keeping abreast of daycare bookkeeping changes in employment law and benefits packages can also help you stay competitive in attracting and retaining top talent in your childcare center. Ultimately, effective daycare bookkeeping is vital for running a compliant, healthy, and […]

Types of Accounting Source Documents in Bookkeeping

The document should also contain a clear description of the transaction, detailing what goods or services were bought or sold. Identification of all parties involved, such as the buyer and seller, is included, providing context for the transaction. Often, a source document will include an authorization or signature, signifying approval. Papers that your business obtains […]