Danielle Bauter

Bookkeeper360, founded in 2012, is a financial technology firm that offers accounting and cloud-based bookkeeping and business advisory services. As a Xero Platinum partner, Bookkeeper360 provides seamless integration with Xero’s cloud-based accounting software. For cash-basis accounting, pricing starts at $399 per month for companies with up to $20,000 in monthly expenses. For accrual-basis accounting, prices…

I have compiled a list of 14 of the best accounting websites and accounting blogs that can assist you with staying up-to-date on important accounting topics, learning accounting principles, and troubleshooting issues with your accounting software. 1. Financial Accounting Standards Board (FASB) Who it’s for: Accounting and finance professionals, investors and analysts, accounting students, and…

Xendoo, a technology-based online bookkeeping and accounting service, specializes in working with small businesses. It provides you access to a dedicated team of expert bookkeepers and accountants who provide bookkeeping, tax preparation, tax consulting, and filing services. With transparent pricing that’s based on your monthly expenses (starts at $395 per month for up to $50,000…

A deposit in transit is a cash deposit that a business has recorded in its books but the bank hasn’t processed it and posted it to the corresponding bank account. Think of it like a package you’ve shipped. Once you hand it over to the shipping carrier, it’s “in transit” until it reaches its destination….

BILL, formerly Bill.com, is an A/P and A/R software that focuses on processing vendor billings and sending customer invoices. Meanwhile, QuickBooks Bill Pay is deeply integrated into QuickBooks Online, a complete accounting software that can also process bills and vendor payments. Overall, I found that QuickBooks Bill Pay is the better fit for most small…

Depending on whether you are a business owner or employee looking to enhance your skills or an independent bookkeeper seeking a way to increase your credibility and client base, one may be the better option. Both certifications offer you the opportunity to enhance your knowledge of QuickBooks. : Best for internal bookkeepers wanting to demonstrate…

An outstanding check on a bank reconciliation is a check that has been written and recorded in your company’s books but has not yet cleared the bank. Essentially, the cash balance has been reduced, but the bank has not deducted the amount from your account balance. This discrepancy occurs because of the time gap between…

The best free invoice generators should be easy to use and provide plenty of invoice customization options, such as the ability to choose from different templates and upload your company logo. They should be able to track outstanding invoices and offer enhanced features to simplify the billing process, like the ability to create recurring invoices,…

We’ll cover how to calculate Accounts Receivable (A/R) Net Realizable Value (NRV), which is the estimated amount of cash a company expects to collect from its outstanding customer invoices after accounting for potential bad debts or uncollectible amounts. To get your A/R NRV, calculate the gross A/R and then subtract the Allowance for Doubtful Accounts…

Ramp offers a free suite of financial management tools that help businesses manage their expenses, invoices, and budgets. These tools are designed to be user-friendly and accessible to businesses of all sizes, with features like automated expense categorization, receipt capture, and approval workflows. This platform also provides a corporate charge card that offers cashback rewards…

We’ll break down everything you need to know about how to become a QuickBooks Certified User (QBCU), from deciding which of the two end-user certifications you want to obtain (you can also choose both) to taking the exam. We also go over their advantages, as becoming a QBCU can open doors to new career opportunities…

The TTM method is essential because it provides companies with detailed, recent financial data for internal audits, financial analysis, and corporate planning. It’s useful for evaluating revenue growth, margins, sales and expense trends, working capital management, key performance indicators (KPIs), and other financial metrics. Free TTM Income Statement Spreadsheet Our free TTM income statement spreadsheet…