How to Calculate Franchise Taxes Division of Corporations State of Delaware
Delaware has mandated electronic filing of domestic corporations Annual Reports. Any corporation that is incorporated in Delaware (regardless of where you conduct business) must file an Annual Franchise Tax Report and pay Franchise Tax for the privilege of incorporating in Delaware. Although not as common, the Investor Rights Agreement may also make reference to the […]
A Guide To Recording A Cash Short Journal Entry
This difference is treated as income or expense and presented in the income statement. When we give too much change to customers, it means that we make change more than it should be. Thus, it is a loss as we give much more change of cash to customers. To safeguard against cash handling errors and […]
Fundamental Analysis: Understand Earnings Per Share
It’s calculated by dividing the company’s net income by the total number of outstanding shares. Earnings yield is the percentage of a company’s earnings per share; it is calculated by dividing the earnings per share for the most recent 12-month period by the current market price per share. While all of these metrics are useful […]
Income Tax & Accounting Services, Бухгалтерские услуги, налоги в США
We also support clients that use other merchant processors. We’ll work with you to connect accounts and pull the data we need to reconcile your books. Every report accessible in the Bench platform can be exported to an Excel file for easy sharing with anyone from business partners to accountants. Income Tax & Accounting Services […]
Inventory Levels Explained: The Highs & Lows Of Optimal Stock
New trends on social platforms such as TikTok and Instagram can also lead to a sudden spike in demand for certain products. Brands, retailers and manufacturers are then suddenly faced with the horror scenario of an out-of-stock notification, which can cause several costly consequences. Explore how to calculate ending inventory accurately for better stock and […]
Last In, First Out LIFO Inventory Method: Pros and Cons
The differences in accounting standards globally create challenges for multinational corporations and can complicate cross-border comparisons of financial statements. Companies considering the use of LIFO must carefully evaluate these standards and their implications for financial reporting and tax compliance. Most companies that use LIFO are those that are forced to maintain a large amount of […]
QuickBooks Product Comparison Guide
QuickBooks Mac Plus is set up in a similar way to QuickBooks Pro or Premier but is easy to use, much like QuickBooks Online, offering users the best of both worlds. Pricing varies based on the number of users and the level of customer support you need, and if you need to add QuickBooks Desktop […]
Bookkeeping Basics for Small Business Owners: Everything You Need to Start Doing Your Own Bookkeeping Bench Accounting
They may use the financial data bookkeepers generate to advise business owners on tax planning and budgeting. One of the most important aspects of financial transactions is recording them accurately. This involves keeping track of all the money that comes in and out of a Certified Bookkeeper business. An accounting ledger is a book or system you […]