Category Archives: Bookkeeping

Instead, the purchases are entered as purchases account debit, and payable account credit and inventory are valued by the physical count method. Under this method, the opening inventory is the value of last year’s closing inventory, purchases are recorded, and … Continue reading →

This includes inheritance taxes, expatriate taxes, and multi-state taxation and international taxes. People who live or work in the San Francisco area can review the Safe Harbor page for individual taxes preparation. We not only act as your CPA firm … Continue reading →

Also called an Income Statement, this details your church’s revenue and expenses over a specific period. It provides a snapshot of your financial performance, showing whether your church is operating at a surplus or deficit during that time. In business … Continue reading →

Bookkeeping serves as more of a preliminary function through the straightforward recording and organizing of financial information. Accounting takes that information and expands on it through analyzing and interpreting the data. Even if you aren’t planning on growing any time … Continue reading →