Restaurant Accounting & Tax Services
Did you start your food business because you want to do bookkeeping and accounting? Take care of marketing, serving the best food, perfecting your operation. I will handle the tracking […]
Did you start your food business because you want to do bookkeeping and accounting? Take care of marketing, serving the best food, perfecting your operation. I will handle the tracking […]
A current ratio calculated for a company whose sales are highly seasonal may not provide a true picture of the business’s liquidity depending on the time period selected. A high current ratio is not necessarily good and a […]
Therefore, companies must account for them as a reduction in sales rather than credit the account with the amount. It is one of the similarities between sales returns and allowances. To reverse the return’s related revenue, you have […]
They are bilateral agreements between issuing company and a financial institution or a trading partner. Similar to accounts payable, notes payable is an external source of financing (i.e. cash […]
Having the right mentor can mean gaining insight, encouragement and advice gleaned from the direct experience of others. Your mentor can offer you guidance on developing strategies and […]
Our team was founded on the belief that nobody should have to battle the IRS alone. We have a team of over 100 Tax Preparers, Tax Accountants, CPAs, case […]
Since utilities are used throughout the business, not just for the production facility, accountants are tasked with allocating the proper amount to overhead as an indirect cost. Indirect costs vary widely, so always use your business’s internal data […]
It may be tempting to dump your money into a few companies you’re excited about, but you could be setting yourself up for disaster if those companies or market […]
Discover how we can help you have better finances with a personalized demo from a Bench expert, ready to answer all your questions. Sign up as a customer today and get […]
Suppose a firm has issued a series of 10-year corporate bonds paying a 5% interest rate. The company may choose to buy back the bonds issued at 5% and issue new bonds at the lower rate. Since investors […]
Accounts payable turnover measures how often a company pays off its accounts payable balance over a period of time, while DPO measures the average number of days it takes a company to pay its suppliers. By taking a […]