Bookkeeping

News and stories from the team at TripTip

Accounting for Sales Return: Journal Entries and Example

Understanding your sales returns and allowances and how to find them rests on your understanding of a couple of terms. The first term is debit, meaning an addition to [...]

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Advantages and Disadvantages of Sole Proprietorships New York Times

Regardless of the method you choose, accurate and up-to-date bookkeeping is crucial for monitoring your cash flow, tracking your business’s performance, and identifying areas for improvement. From April , [...]

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QuickBooks Online vs Xero 2024 Comparison

Xero scales beautifully, both in depth of functionality and user experience. When you start using Xero as a small business or early-stage startup, you know it’s going to support [...]

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Site Selection Consultant Marketing DCI

Investing in these tools for one decision would be cost-prohibitive, but consultants are able to leverage scale in order to apply world-class data and technology to your project. Be [...]

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Construction CPAs in Arizona

I did a short stint in public accounting, building their bookkeeping department, before starting my own practice in 2019. I’ve been a full charge bookkeeper/controller in the residential construction [...]

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Contribution Margin Ratio Formula Per Unit Example Calculation

This demonstrates that, for every Cardinal model they sell, they will have $60 to contribute toward covering fixed costs and, if there is any left, toward profit. The contribution [...]

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Church Bookkeeping & Financial Support for Small and Growing Churches

You’re afraid you’ll find out you (or someone you trust) made a church accounting error and put your church at risk. He understands churches and is passionate about helping ministries [...]

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QuickBooks Accountant Desktop Accounting Software Intuit

QuickBooks Accountant Desktop allows you to run various standard reports, such as profit and loss statements, balance sheets, cash flow statements, and more. You can also create customized reports [...]

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QuickBooks Online vs Desktop: Which Is Right for You in 2024?

Instead of showing clear images of your cash balance, outstanding invoices, and upcoming bills like the QuickBooks Online dash, the desktop version’s dash is a flowing series of connected [...]

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Creating a Small Business Financial Plan Overview of the Steps

After speaking to a financial advisor and finding they’re still 60 percent short of their funding goal, John and Kelly look for investment capital. They contact several firms, eventually [...]

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