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yesterday

Tiffany Waters and 4 other people answered this question

What are some examples of online bookkeeping services/ resources?

Here is a great article with a very neatly compiled list of accounting/ bookkeeping online services http://www.pdfconverter.com/resources/blog/5-accounting-apps-for-small-busine... more

Accounting

Accounting Services

Accounting Software

Bookkeeping

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Feb. 6, 2012

Douglas Millington and 2 other people answered this question

How do I find the right outsourcing company for my accounting needs?

I'm not sure my answer will help Rick since he asked the question over a year ago but for those coming late to the party it may help.
If you do not have a full-time bookkeeper or accountant and are looking to outsource those tasks ... more

Finance

Accounting & Audit Services

Accounting Firms

Accounting Services

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Feb. 5, 2011

Tyler Wells, CPA and 1 other person answered this question

What is a reclassification?

Just to supplement the excellent explanation of Douglas, a reclassification corrects what account a transaction has been recorded in without changing net income. In Douglas's example above you are changing a transaction from one expense account to another, without changing income. A reclassification could also ... more

Jan. 28, 2011

Fazny Zavahir and 2 other people answered this question

What is variance analysis?

Variance analysis is usually associated with explaining the difference (or variance) between actual costs and the standard costs allowed for the good output. more

Jan. 11, 2011

Nicole Rosen and 2 other people answered this question

Is it better to hire an accountant in-house or to outsource?

Personally, I believe you would be better served to outsource your bookkeeping/accounting needs. If you only have 8 employees and you have enough income to hire a 9th person..would that money be better spent to higher a full time accountant (and possibly not have enough ... more

Finance

Accountant

Accounting

Accounting & Audit Services

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Jan. 5, 2011

Tony Gruber, CPA answered this question

CPAs- how have they helped your business?

Apparently, they haven't. : )
Thanks,
Tony
Anthony C. Gruber, CPA
President, Viser Business Tools
www.ProjectedFinancialStatements.com
www.FinancialFirmTemplate.com
www.SmallCompanyTools.com
www.401kTest.com

Jan. 5, 2011

Ben Lamorte and 2 other people answered this question

What are the top things that I should consider before purchasing accouting software?

Most small businesses start with QuickBooks (QB) simply because of the price of entry. QB is a great basic accounting software that works for just about every company so long as it is not complex or large. So, if you're a small biz with say ... more

Dec. 27, 2010

Nick Roberts and 1 other person answered this question

Accounting Trends: What are the top accounting trends to track in 2011?

This is what the top 3 accounting trends should be in 2011:
1. Simplification. Accounting standards have a habit of getting more and more complex! This gives directors an excuse to claim ignorance too!
2. Honesty. Globally, the standard of honesty is preparing and presenting ... more

Dec. 27, 2010

Tina Gregory answered this question

What is a classified balance sheet?

This is a balance sheet in which the categories, or types of accounts are grouped. For example, on a classified balance sheet you would see Current Assets and under this category the accounts of cash, short-term investments, accounts receivable, etc. The next classification might be ... more

Dec. 23, 2010

James Porter asked a question

What is the difference between a general ledger and a general journal?

Dec. 23, 2010

Wray Rives and 2 other people answered this question

What are the top online resources for doing your own accouting?

1. Wave Accounting-Full accounting package with API's to most bank accounts
2. Outlook-perfect solution for sole proprietors who want simple minimal bookkeeping
3. Xero-Another full accounting solution, but heavily tied to New Zealand Market
4. Quickbooks online which obviously has the Quickbooks name going for it.
5. InDinero
All of ... more

Dec. 22, 2010

Johnny Giles answered this question

Why would you use normal costing instead of actual costing?

Hi Richard... I am a professional business plan writer and consultant and to answer your question I would say "in the course of creating a financial forecast."
When creating financial forecasts and/or pro-formas for my clients within the business plans I write I typically use a ... more

Dec. 20, 2010

Maria Marsala and 2 other people answered this question

Which accounting firms have a reputation of serving small businesses in New York?

Carl
I don't know one imparticular, however, I'd recommend taking a look at the sponsors of NY Enterprise Report events. It's a business magazine off and online. I think it's nyreport.com more

Finance

Accounting

Accounting & Audit Services

Accounting Firms

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Dec. 20, 2010

Rory Williams asked a question

What program do you use for the valuation of your equity and why?

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