What is Automated Event Management? Benefits + Tips

This type of technology eliminates the need for manual data entry, tedious tasks, and paper-based processes. Staff can quickly submit expenses, and the system will automatically process, categorize, and pay them. Not only does this streamline workflows, it saves time, reduces errors, and accelerates the entire reimbursement process. Why you should automate the expense management… Continue reading What is Automated Event Management? Benefits + Tips

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Ledgers Financial Accounting

Financial statements only present the summary of each account type. Thus, for reconciliation purposes, analysts must revert to the general ledger. However, each transaction can be divided into one or more debit or credit entries. Each type of business transaction can be categorized as a new type. Let us discuss the definition and types of… Continue reading Ledgers Financial Accounting

Unit Product Cost Calculator

ShipBob also helps your online business with tracking distribution metrics and inventory management KPIs so you can easily make cost-conscious supply chain decisions. While you can always try to get customers to spend more (or you can charge them more money), the root cause of low margins is often high costs for the business. To… Continue reading Unit Product Cost Calculator

Balance Sheet: Definition, Format, Types, Example, & Use

Similarly, it’s possible to leverage the information in a balance sheet to calculate important metrics, such as liquidity, profitability, and debt-to-equity ratio. Balance sheets are one of the most critical financial statements, offering a quick snapshot of the financial health of a company. Learning how to generate them and troubleshoot issues when they don’t balance… Continue reading Balance Sheet: Definition, Format, Types, Example, & Use

7 Benefits of Outsourced Accounting Services

In the landscape of modern accounting services, technology and software play a pivotal role. Outsourced bookkeeping and accounting services now leverage cutting-edge tech to offer more efficient, accurate, and secure financial management. From cloud-based accounting software to automated data entry and analysis tools, technology enables these services to deliver real-time financial insights and streamlined processes.… Continue reading 7 Benefits of Outsourced Accounting Services

Illinois Tax Tables 2022 Tax Rates and Thresholds in Illinois

Owner-to-owner sales, however, are subject to a lower rate, which depends on the price of the vehicle and, in some situations, the model year. Illinois does not have standard illinois income tax rate and itemized deductions, nor do they use the federal standard deduction amounts. Long-term capital gains are taxed using different brackets and rates… Continue reading Illinois Tax Tables 2022 Tax Rates and Thresholds in Illinois

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ADP Run Review: Features, Pricing, and More

Users have reported that the Essential plan starts at $59 per month plus $4 per employee, but this information may be outdated. In fact, ADP is one of the oldest, most popular payroll companies in the United States. It has decades of experience, a solid reputation, and extensive payroll processing expertise. https://adprun.net/ While ADP RUN… Continue reading ADP Run Review: Features, Pricing, and More

Solved: Undeposited funds already deposited to bank account, but QB doesn’t “get” this

It’s a good idea to check your Undeposited Funds account to clear out any payments waiting to be deposited. Use it to hold all payments you need to combine and group together. You’ll decide which account in QuickBooks to put the deposit into when you combine. Learn how to put payments into the Undeposited Funds… Continue reading Solved: Undeposited funds already deposited to bank account, but QB doesn’t “get” this