Enlisting the help of a professional outsourced CFO can make it easier for companies to achieve their goals and resolve accounting and financial issues for a wide range of businesses. As financial experts, we understand the significance of having sound financial systems. They facilitate everything from better cash flow control, to […]

Petty cash vouchers, receipts and notes about purchases must all go into the book, which can sometimes lead to a mess of documents spilling out of the book. A petty cash box is designed to hold all the notes and coins separately from the other cash you may have, which removes […]

You’ll need to be a high earner over many decades and delay receiving benefits to potentially become one of a small handful to bag $4,555 per month. Most people applying for SSI are subject to the substantial gainful activity limits at the filing stage — if their work income exceeds the […]

In simple words, residual value subtracted from the original price gives you the amount you pay to the lessor. In accounting, the residual value is an estimated amount that a company can acquire when they dispose of an asset at the end of its useful life. In order to find an […]

While burn rate is an important metric for startups to track, it shouldn’t be the only metric you are tracking when it comes to your business’ financial health. You should look at burn rate as it relates to cash runway, CAC, churn, and overall financial projections. When it comes to the […]

Some choose to assess property taxes once a year, every three years, or after the property is transferred from one owner to another. If you’re successful in your appeal but already paid your property taxes for the year, you’ll receive a rebate. Some jurisdictions may require the request to be filed […]

It is the go-to accounting software for business firms be it small or big. Leveraging the affordability of QuickBooks is essential in delivering successful bookkeeping experience for firms. To gain an understanding of the financials while being in sync with the cash flows and the financial health status of the firm […]

A CFO also provides advice on how to reduce costs and improve the bottom line. A comptroller is responsible for an organization’s overall financial management. This includes developing financial plans, overseeing investments, and managing bookkeeping tasks such as accounts payable. A comptroller also provides advice on how to reduce costs and […]

The first is with the accrual method, which means that you record the revenue as soon as you receive the payment. So, if someone paid you in January for a gym membership that begins in February, you would record the revenue in January using the accrual method. The second way to […]

SurePayroll also has a household employer payroll option for individuals who employ nannies, tutors, gardeners, cleaners, and other in-house workers. DIY software like NannyPay is cheaper than SurePayroll, but it does quite a bit less—which is why we prefer SurePayroll’s nanny pay over other options. We expect to see more developments […]