How to start a virtual bookkeeping business in 5 steps

Think of all you recommend to your clients and implement those same procedures for your business. You need to review the hours billed to each client and invoice based on those hours. Make sure you have time to complete the invoicing each month if you decide to bill...

How to calculate retained earnings formula + examples

However, retained earnings may be even more important for companies who have been saving capital to deploy for capital expansion or heavy investment into the business. Because expenses have yet to be deducted, revenue is the highest number reported on the income...