Category Archives: Bookkeeping

Capitalizing is recording a cost under the belief that benefits can be derived over the long term, whereas expensing a cost implies the benefits are short-lived. Heavy goods like vehicles, machinery are often leased instead of directly buying them. Leasing requires less financing because it is similar to renting, which is suitable for borrowers with […]

Continuously evaluating and reducing unnecessary expenses, managing debt cash flow from assets formula efficiently, and revising pricing strategies can also enhance cash flow from assets. Determine your company’s change in net working capital (𐤃 NWC) by comparing the balance sheets from two consecutive periods, such as fiscal quarters or years. Calculate the NWC for each […]

Our platform allows you to automate data inputs from most major providers to avoid common mistakes. We partner with merchants like Gusto, Stripe, Shopify, and Square—so your finances are always accurate. Our Record Keeping for Small Business team takes the time to deeply understand your business, answer your questions, help you link your accounts, and […]