Category: Bookkeeping

Our team loves working with startup companies, not only that, but Kruze cares more! We’ve got the experience to help you make critical financial decisions. We have former VCs https://www.bookstime.com/ on staff to help prepare you for your next funding round, and former IRS agents on hand to assist you as you think through the…

If your startup is in trouble, they can even help with turnaround management. Read our explanation of how to pick the best accounting software for startups. Remember, VC-backed companies have different needs than traditional small businesses or solo entrepreneurs. We recommend QuickBooks Online (“QBO”) as the right bookkeeping software for startups and high-growth small businesses. It’s the leading…

Statewide, the average effective property tax rate (annual property taxes as a percentage of home value) is 0.93%. Because of the inherently local nature of property tax collections in Oregon, rates vary significantly between counties. To e-file your Oregon and Federal income tax returns, you need a piece of tax software that is certified for…

Gumbiner Savett Inc. is an accounting firm located in Santa Monica and founded in 1950. Gumbiner Savett Inc. is among the Inside Public Accounting’s Top 200 Firms for https://www.bookstime.com/ 2016. El Cid can give you consulting services on your bookkeeping. We can provide you with monthly financial statements and your income tax return for IRS…

It’s also possible to draw incorrect conclusions by assuming that just because two sets of data correlate with each other, one must cause changes in the other. Regression analysis is also best performed using a spreadsheet program or statistics program. The company approves a 5% pay raise at the start of each year and expects…

An example is a commission earned at the moment of sale (or delivery) by a sales representative who is compensated at the end of the following week, in the next accounting period. It is deducted from accrued expenses in the next period to prevent it from otherwise becoming a fictitious loss when the rep is…