Bookkeeping

Debt is easier to obtain for small amounts of cash needed for specific assets, especially if the asset can be used as collateral. While debt must be paid back even in difficult times, the company retains ownership and control over business operations. Financing is the process of providing funds for business activities, making purchases, or investing. […]

The amount set aside for this is dependent on the prevalent economic condition per time. To many businesses, loans are a major liability, but that is not so for banks. This is because money lending and interest generation through money loaned out are major sources of a bank’s income. Therefore, a loan is an asset […]

If you are only paying independent contractors, you pay $6/month per contractor on your payroll. If you have employees as well, you pay $35/month plus $6 per employee/month. Your business size and structure will determine which QuickBooks Online plan is best. https://www.online-accounting.net/ If you’re a single freelancer, you won’t need to manage any other employees, […]

You can enter five bills on the base plan, but this becomes unlimited on the higher plans. Entering these bills is easy thanks to receipt capture with Hubdoc. This helps you see when all your bills are due and schedule batch payments accordingly. Our Cloud Accounting services are available worldwide via remote access. We have […]

It’s called a ‘transposition’ error because it involves the ‘transposition’ or ‘swapping’ of two numbers. For example, if ’34’ was mistakenly written as ’43’ , this would be a transposition error. If you have information coming in that’s off, being miscategorized, or just all-around wonky, there’s a good chance there’s been a misuse of accounting […]

At BOOKKEEPERS OF HOUSTON, INC. we understand QuickBooks® in detail. Our clients value all of our years of experience in personal, small and medium businesses practices. We are very accurate and efficient and once we set-up your books properly the rest is maintenance that you can do or we can continue providing you with additional service. […]