by radoslaw.radecki@programmingdepartment.co.uk | Apr 1, 2021 | Bookkeeping
This might involve using software to track inventory levels, or it could be as simple as keeping a physical count of what is on hand. Inventory obsolescence is a minor issue as long as management reviews inventory on a regular basis, so that the incremental amount of...
by radoslaw.radecki@programmingdepartment.co.uk | Feb 22, 2021 | Bookkeeping
However, this also means that a corporation, as a separate entity, will have to pay its taxes. Once a corporation is taxed, it can distribute any earnings to its shareholders in the form of dividends. Both these business types will require you to file business...
by radoslaw.radecki@programmingdepartment.co.uk | Dec 12, 2020 | Bookkeeping
Like any brand new business, it has no assets, liabilities, or equity at the start, which means that its accounting equation will have zero on both sides. It’s important to note that although dividends reduce retained earnings, they are not expenses. Therefore,...
by radoslaw.radecki@programmingdepartment.co.uk | Dec 4, 2020 | Bookkeeping
Valeria’s strong family ties keep her rooted in the Bay Area, where she enjoys close relationships with her relatives. She frequently visits her extended family in Mexico, maintaining a strong cultural connection. A passionate sports enthusiast, Valeria and her father...
by radoslaw.radecki@programmingdepartment.co.uk | Oct 12, 2020 | Bookkeeping
Kelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer at Fit Small Business where she served as an editor and strategist covering small...
