FreshBooks also offers custom plans for large enterprise customers. E-commerce business owners will also appreciate that Xero integrates with more than 1,000 business apps. The ability to sync online accounting with other e-commerce tools is crucial for online businesses. Xero’s plans are based on business size and range from $15 per month for the Early […]
Category Archives: Bookkeeping
In this case, Country A has a comparative advantage over Country B for the production of tea because it has a lower opportunity cost. On the other hand, to make 1 tonne of wool, Country A has to give up 5 tonnes of tea, while Country B would need to give up 0.3 tonnes of […]
Understanding how you approach and execute strategic planning offers insight into your analytical, problem-solving, and communication skills. Moreover, it showcases your ability to identify client needs, deliver solutions that meet those needs, and ultimately drive client satisfaction and business growth. Your ability to delve deep into the business and industry of a client is essential […]
More than just an inventory management tool, TradeGecko goes above and beyond. It’s great for companies that need to handle high-volume inventories. For instance, if you’re distributing products from a lot of different sources, or you’re a wholesale reseller, then TradeGecko will be perfect for you. If you don’t feel like taking the DIY approach […]
One of the best parts about cloud accounting is that you can get a grasp on your cash flow in real time. Whether you want to check a payment or look at a customer’s history, you can do that conveniently from whatever device you’re using and get an immediate grasp on your financial status. Next, […]
Using outdated technology and accounting methods in the modern world can slow down your business. Additionally, you may lag behind your competitors who have access to new software and other technology. Offshore accounting involves delegating accounting and finance services to an external organization from another country. Outsourcing accounting to an offshore company can give you […]
Bottom line—calculating depreciation with the double declining balance method is more complicated than using straight line depreciation. And if it’s your first time filing with this method, you may want to talk to an accountant to make sure you don’t make any costly mistakes. However, over the course of an asset’s useful life, its book […]