Bookkeeping

In each of these examples the par value is meaningful because it is a factor in determining the dividend amounts. Legally, corporations must have a credit balance in Retained Earnings in order to declare a dividend. Practically, a corporation must also have a cash balance large enough to pay the dividend and still meet upcoming…

This essential tool not only expresses gratitude but also helps your donors claim tax deductions with the necessary documentation. By using this template, you foster trust, maintain transparency, and stay compliant with legal requirements, making your fundraising efforts smoother and more efficient. The FASB requires that you set up at least 2 different “funds” within…

This ratio can be calculated on an hourly, daily, or monthly rate, and will give you insight into how much your restaurant costs to run. Payroll can be challenging in the restaurant industry, as tracking employee hours can be quite complicated. It’s common for staff members to have multiple wages and positions, so the ability…

This plan also gives you a dedicated account team to help with training, troubleshooting and setup. Make better and faster decisions with your financial data available in real-time. QuickBooks cloud accounting software gives you an up-to-date and accurate view of your cash flow with bank balances, transactions and financial reports instantly available. No other accounting…