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Compound: What it Means, Calculation, Example

by | Sep 14, 2023 | Bookkeeping

In this case, the number of periods when compounding occurs is infinite, as compounding would happen in every possible moment. To see its mathematical background, read the section on Natural logarithm in our log calculator. For example, $100 with a fixed rate of...

Bookkeeping Tips for Doctors and Healthcare Practices

by | Aug 3, 2023 | Bookkeeping

Providing services related to funerals and memorial services, such as embalming, cremation, and burial. Education and training services outside of traditional schools, such as landing page report language schools, driving schools, and trade schools. Facilitating the...

6 Benefits of Outsourcing Accounting for Small Businesses

by | Aug 1, 2023 | Bookkeeping

You can choose the right mix of in-house employees, outsourced partners, and remote workers for your outsourcing strategy. Whether outsourced accounting is the right solution for your business depends on a number of factors. But if you’re looking to save money, get...

Accounting Book

by | Jul 31, 2023 | Bookkeeping

Traditionally, you would need to wait to receive your monthly bank statement and reconcile the transactions on the statement with those posted in your ledger or accounting software. The purpose behind completing a monthly reconciliation is to see what checks are still...

Delaware LLC Tax Rate: Everything You Need to Know

by | Mar 6, 2023 | Bookkeeping

It’s crucial to pay the Delaware Annual Franchise Tax on time. If you don’t pay by the deadline of June 1st, you’ll face late fees income tax definition and interest on the unpaid amount. If your LLC doesn’t pay its franchise tax for three years, the state will cancel...