by Heru BJ | Jun 20, 2024 | Bookkeeping
Not every line item or set of line items has a strong enough correlation to others for flexible budgeting to work. Choosing the wrong pieces of the budget to tie together can lead to significant inaccuracies in forecasts. Which is why companies have moved away from...
by Heru BJ | Jun 17, 2024 | Bookkeeping
When a check is stale-dated, the recipient of the check will need to inform the issuer of the check and request that they provide them with a new check for the payment. Of course, depending on the situation, purpose of payment, and circumstances surrounding not...
by Heru BJ | May 27, 2024 | Bookkeeping
Meaningful year-round client relationships reinforce that you are accounting consulting not just a transactional expense, but a committed partner who is there to provide support during tax season and beyond. That’s how today’s accountants can build successful and...
by Heru BJ | Aug 29, 2023 | Bookkeeping
You’ll have the ability to add supplemental services as the needs of your business change. You might also see outsourced accounting referred to using terms including Client Accounting Services (CAS) or fractional accounting. For the most part, these services are...
by Heru BJ | Jun 2, 2023 | Bookkeeping
If you have been asking yourself, “What is opening balance equity on a balance sheet? We will go over opening balance equity, the reasons it’s created, and how to close it out so your balance sheets are presentable to banks, auditors, and potential investors. Whether...
by Heru BJ | Nov 30, 2021 | Bookkeeping
As you can see with this example, one epic can result in multiple user stories and product features. Create a sprint backlog during the planning phase of a new project sprint. While you can update individual tasks with details and additional progress during the...
