Category: Bookkeeping

CPA for Startups: What You Should Expect

Hiring an accountant will allow them access to all of their systems so they can handle everything from payroll processing to tax filings without you having to worry about key issues. If you’ve been running your business for a while, the experience and skills of a CPA will keep complicated tax situations in check, and […]

Accounting Services for Wineries & Vineyards

Industry consolidation, competition, direct-to-consumer sales strategies, and risks around smoke exposure and climate change are rapidly shifting the wine industry landscape. For example, consider a taxpayer (MFJ) with $1 million of income that consists of W-2 wages, interest, and dividends for 2018. The same taxpayer https://www.bookstime.com/ also has a flow-through loss from their winery of […]

What Is Management Accounting? Jobs, Skills, Salary, Education

In managerial accounting, the main focus will be on financial decisions that affect the internal workings of a company. For example, managerial accountants may help leaders decide whether or not to raise the cost of goods and services. Accounting master’s programs prepare students for advanced corporate finance, managerial, and consulting positions. Some of the top-paying […]

Net Working Capital Guide, Examples, and Impact on Cash Flow

A positive calculation shows creditors and investors that the company is able to generate enough from operations to pay for its current obligations with current assets. A large positive measurement could also mean that the business has available capital to expand rapidly without taking on new, additional debt or investors. To calculate working capital, subtract […]