Bookkeeping

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Revenue expenditure definition

By |October 27th, 2021|Bookkeeping|

Unlike capital expenditure, which is used for long-term investments, revenue expenditure includes expenses incurred to support the ongoing operations and sustain the business. The essential difference between revenue expenditures and capital expenditures is the time period over which the expenditure is expected to be consumed. Revenue expenditures are consumed over the short term, while capital [...]

Payroll Outsourcing

By |May 18th, 2021|Bookkeeping|

This starts at $650 per employee per month, but it’s significantly cheaper than establishing a new entity in a foreign country. Once you’ve found an international payroll service you like, running payroll is a matter of getting your payroll service’s software up and running. At that point, the process should be fairly similar to running [...]

How to Prepare a Bank Reconciliation: 8 Steps with Pictures

By |April 5th, 2021|Bookkeeping|

Our build vs. buy calculator will help you to make the best possible decision for your business. Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. At the bottom of your spreadsheet for February, add this note, tracking changes to your balance. Cash management software can integrate [...]