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Keeping Track of Revenue

As an accounting major in college, I quickly learned all of the complicated parts of the accounting cycle. I discovered how to input the details of business transactions into a computerized accounting system. At the end of an accounting cycle, such as a month, I became experienced with calculating the revenue for the period. If you’re starting a new business, determining an accurate amount of revenue for each accounting cycle is crucial. You must know how much profit you’re making each accounting period in order to be successful in the long-term. On this blog, you will discover how an experienced accountant can help you keep track of your revenue.

Archive

Keeping Track of Revenue

2019

4 Important Reasons For Artists To Form S Corporations
When you set up your art business, you want to create a long-lasting enterprise that protects your interests while also fulfilling your artistic needs. And one of the first decisions you'll have to make is what type of business entity you want to form.  For many artists, incorporating under Subchapter S of the Internal Revenue Code is the right choice for a variety of reasons. If you think that forming an S Corporation is a bit of overkill for your small art endeavors, here are a few reasons why it's not.

4 Things A CFO Advisory Service Can Offer Your Small Business Or Start-Up
If you are running a start-up or a small business, it can be helpful to bring in a CFO advisory service. With a CFO advisory service, you are bringing in an outside business that specializes in the financial industry to take on the role of Chief Financial Officer for your business. They will help take care of the financial side of your business, allowing you to focus on other business elements, such as servicing customers and generating more sales.

Keep Your Finances In Order: 3 Reasons Your Business Needs An Accountant
If you own a business, but you don't have an accountant on staff, you're missing out on a vital part of the team. You may not realize this, but hiring an accountant on staff is one of the best things you can do for your business. Before you decide to continue handling the accounting duties by yourself, take a look at the list below. This is a list of benefits you'll receive when you hire an accountant for your business.

What You Can Do During Medicare Open Enrollment
Medicare open enrollment comes around once a year, in the fall. During Medicare open enrollment, individuals who are already enrolled in a Medicare health plan can review and make changes to their coverage. This is the one time a year where you can really make changes if you are not happy with your current health care coverage. There are specific things that you can do during the open enrollment period.