What are the steps to reconcile accounts receivable for clients and insurance?
Reconciliation of accounts receivable (AR) for clients and insurance involves several key steps to ensure that all[…]
Is it common practice for an accountant to withhold adjusting entries for a corporation?
Adjusting entries are an essential part of the Accounting process, ensuring that a corporation’s financial statements accurately[…]
Has anyone heard about Ramp regarding credit cards?
Ramp is a financial technology company that offers a corporate card platform designed to help businesses manage[…]
“Have you ever estimated your monthly bookkeeping fee lower than intended?”
In the past, there have been instances where I have underquoted my monthly Bookkeeping fee. Such occurrences[…]
What is the duration needed to obtain certification from NACPB?
The amount of time required to achieve certification with the National Association of Certified Public Bookkeepers (NACPB)[…]
What is the minimum provincial tax rate in British Columbia for 2024?
As of the latest available data, the provincial tax rates for British Columbia in 2024 may not[…]
What payment methods do independent bookkeepers prefer for receiving payments?
Independent bookkeepers have several options when it comes to receiving payments for their services, and the choice[…]
How do you handle expenses from gas station purchases?
To manage gas station expenses effectively, start by collecting all receipts for any purchases made, whether they[…]
Do investment companies have distinct rules regarding expenses?
Yes, investment companies often adhere to different rules regarding expenses compared to other types of businesses. These[…]
Is my supervisor requesting me to manipulate financial records?
It’s important to understand the implications of what your supervisor could be asking you to do. “Cooking[…]