By embracing technological advancements, businesses can stay ahead in an ever-evolving market and ensure their financial practices are robust and forward-thinking. It’s the selling price of an asset less the
What Are Payroll Liabilities? Definition, Types & How to Track
Business owners love Patriot’s award-winning payroll software. To avoid missing your deadlines for paying liabilities, you need to keep track of them. Businesses must file a number of forms types
Basic Bookkeeping for Beginners: 6 Steps to Get You Started
Making sure transactions are properly assigned to accounts gives you the best view of your business and helps you extract the most helpful reports from your bookkeeping software. Generally speaking,
How to Do Accounting for Your Construction Business 8 Steps
A project is deemed substantially complete when it hits 95% completion. This method is beneficial for cash flow planning, as it allows contractors to defer income until the job is