What is Outsourced Accounting? & How Does It Work?

por | Oct 21, 2021 | Bookkeeping

Our range of accounting outsourcing services delivers process efficiencies to mid-sized accounting firms. These services include daily compliance such as tax and payroll and other expert services. Yes, virtual and outsourced bookkeeping is just as legitimate as...

Church and Non-profit Accounting Services by a Church CPA

por | Sep 24, 2021 | Bookkeeping

Great, Sophie works closely with organizations of your size. As a boutique Christian operation and a CPA Tax Preparer firm, we enable our clients to work first hand with us. One of our distinguishing characteristics is we are readily available to all clients. Whether...

What Is the Effective Interest Method of Amortization?

por | Mar 19, 2021 | Bookkeeping

The bond is sold at a discount for $95,000 on January 1, 2017. Therefore, the bond discount of $5,000, or $100,000 less $95,000, must be amortized to the interest expense account over the life of the bond. The effective interest method is an accounting...

How to Calculate Allocated Manufacturing Overhead

por | Feb 17, 2021 | Bookkeeping

An excellent way to reduce losses due to defective materials or parts is by using quality control measures such as inspections during production and testing before shipping products to customers. You replace or repair faulty materials or parts as soon as possible to...