Download your standard Paypal activity report and import into a TurboCASH 5 spreadsheet. You can extract and create new debtors accounts as well as load up new transactions. With Free Paypal Accounting Software you avoid countless data capture and get accurate books that stay in synch with your Paypal data and give you all the […]

Don’t miss the opportunity to enhance your financial management and focus more on your mission. Maintaining accurate and up-to-date records is the cornerstone of effective non profit bookkeeping. Proper record-keeping ensures that financial data is reliable and readily available for decision-making, reporting, and compliance purposes. Nonprofit bookkeeping is the process of entering, classifying, and organizing […]

Other companies include fringe benefit costs in overhead if they can be traced to the product only with great difficulty and effort. Period costs, such as rent for administrative offices, and product costs, including direct materials and direct labor, can coexist within a company’s cost structure. Classifying costs as product vs period costs, fixed vs […]

Accurate overhead application supports transparent and compliant financial reporting, which is particularly important for publicly traded companies or those seeking investment. On the other hand, if the business wants to use actual overheads, it has to wait for the end of the month and get invoices in hand. So, it may not be a good […]

You choose an accounting method for your business when you file your first income tax return that includes a Schedule C for the business. After that, if you want to change your accounting method, you must generally get IRS approval. When preparing a statement of income and expenses (generally, your income tax return), you must […]