Bookkeeping

On April 1, Company A borrowed $100,000 from a bank by signing a 6-month, 6 percent interest note. Below is how the transaction will appear in Company A’s accounting books on April 1, when the note was issued. Another related tool is an amortization calculator that breaks down every payment to repay a loan. It […]

On April 1, Company A borrowed $100,000 from a bank by signing a 6-month, 6 percent interest note. Below is how the transaction will appear in Company A’s accounting books on April 1, when the note was issued. Another related tool is an amortization calculator that breaks down every payment to repay a loan. It

On April 1, Company A borrowed $100,000 from a bank by signing a 6-month, 6 percent interest note. Below is how the transaction will appear in Company A’s accounting books on April 1, when the note was issued. Another related tool is an amortization calculator that breaks down every payment to repay a loan. It

On April 1, Company A borrowed $100,000 from a bank by signing a 6-month, 6 percent interest note. Below is how the transaction will appear in Company A’s accounting books on April 1, when the note was issued. Another related tool is an amortization calculator that breaks down every payment to repay a loan. It

On April 1, Company A borrowed $100,000 from a bank by signing a 6-month, 6 percent interest note. Below is how the transaction will appear in Company A’s accounting books on April 1, when the note was issued. Another related tool is an amortization calculator that breaks down every payment to repay a loan. It

On April 1, Company A borrowed $100,000 from a bank by signing a 6-month, 6 percent interest note. Below is how the transaction will appear in Company A’s accounting books on April 1, when the note was issued. Another related tool is an amortization calculator that breaks down every payment to repay a loan. It

This amount is crucial in portraying the company’s financial performance and its capacity for future growth and opening balance equity meaning reinvestment. Many small businesses attempt to manage opening balance equity without professional guidance. Since this account is somewhat technical and tied to the fundamental accounting equation, mistakes can be difficult to identify or fix

We understand the critical importance of having accurate, timely, and clear financial statements. Whether you’re an established nonprofit organization, association, foundation, charity, or other service organization or are just getting started turning your idea into reality, we can help. With online bookkeeping services and real human support, Bench is the assets = liabilities + equity

For most startups, the first big question is whether to hire a full-time accountant or partner with a firm. While having someone in-house sounds appealing, it’s often more expensive than you think. Outsourcing gives you access to an entire team of experts—from bookkeepers to tax strategists to CFOs—for a fraction of the cost of a

For most startups, the first big question is whether to hire a full-time accountant or partner with a firm. While having someone in-house sounds appealing, it’s often more expensive than you think. Outsourcing gives you access to an entire team of experts—from bookkeepers to tax strategists to CFOs—for a fraction of the cost of a