Competing successfully today requires more than managing properties. You also need to drive revenue, attract and retain tenants, and satisfy a range of stakeholders. Additionally, residents and tenants think of things like mobility, energy management and self-service options as essential features, not add-ons. The best property management software maximizes efficiency, convenience and ROI for property ….  Read More

The word net income is a more professional term for ‘profit,’ but most people refer to it as the ‘bottom line.’ Profit is a variable of the income statement used to assess a company’s success. Except for organizations like nonprofits and the like, most businesses exist to turn a profit. On the same income statement, ….  Read More

These checks are sometimes referred to as check stock and should be stored in a secure place until they are inserted into the company’s printer for paying suppliers, etc. A blank cheque or blank check in the literal sense is a cheque that has no monetary value written in, but is already signed. Such an ….  Read More

This is precisely why having a reliable payroll system in place is vital to all businesses. Learning how to run payroll for your small business is crucial to help your business succeed. Employees at these jobs often live paycheck to paycheck which is partly (and unfortunately) why frequent payments are so important. Using this payroll ….  Read More

From buildings to machines, equipment and tools, every business will have one or more fixed assets likely susceptible to depreciate or wear out gradually over time. For example, with constant use, a piece of company machinery bought in 2015 would have depreciated by 2019. Calculating straight line depreciation is an essential process for businesses to ….  Read More

Though you may have done all of these tasks as a regularly-employed accountant, it can be difficult to navigate freelancing in the same way. Freelancing is a very lucrative career option for many accountants. That said, the benefit of that is you can actually earn so much more — that is, if you’re working consistently ….  Read More

For instance, a company may feel an IT department is too large of a cost center and may want to break out employees by more dedicated services. Companies may opt to include or exclude the costs necessary for the service cost center to be successful. As opposed to the IT department above, a personal cost ….  Read More

In a proper church accounting system, the CoA works in conjunction with funds, to create a robust church fund accounting system that answers the question of accountability. Funds working with the CoA, provide a multiple tier reporting structure that gives a deep dive view into the organization’s spending. Churches are nonprofits and must use fund ….  Read More

While the country is a multi-party democracy with free elections, the government under the People’s Action Party (PAP) wields significant control and dominance over politics and society. The PAP has governed the country continuously since full internal self-government was achieved in 1959, currently holding 79 out of 93 elected seats in Parliament. One of the ….  Read More

The firm is composed of bookkeepers and consultants experienced in Quickbooks systems and processes. Its services include monthly bookkeeping, coding and expense categorization, tax preparation, Quickbooks management, payroll, and sales tax payments. Founder Jason M. Hill is a certified project management professional and scrum master. The IRS has a searchable database where you can verify ….  Read More