Bookkeeping

Clicking the “+” button takes users to a quick actions menu where they can quickly create invoices or bills or add new contacts. Use the accounting app to keep track of due and overdue invoices and whether they’ve been paid. Create, edit and send invoices as soon as the job is done directly from the […]

Goods and Services Tax (GST) is a tax added on top of goods and services sold for domestic use. As a flat tax rate across most products and services, the idea of implementing it is to simplify the tax system and reduce tax avoidance. To calculate the cost including GST, multiply the price excluding GST

The Xero Accounting app is included as part of your Xero subscription and free to download. Pull bills and receipts bookkeeping software into Xero automatically with Hubdoc. Get help with your financial admin from experts whenever you need it. Our friendly accounting specialists are here to help, around the clock. The Xero Accounting app is

If you want a more detailed view of business performance, you can switch to the Metrics view to year-over-year data for revenue and common size amounts for gross profit, https://www.instagram.com/bookstime_inc net income, and payroll. You can also check your working capital and debt-to-equity ratio to measure your business’s short-term and overall liquidity. Excluded in the

Depreciation is the process of allocating the cost of a tangible asset over its useful life. It reflects the asset’s reduction in value due to wear and tear, obsolescence, or age. Depreciation helps businesses match expenses with revenues generated by the asset, ensuring accurate financial reporting. Multiply the straight line depreciation rate by 2 to