Bookkeeping

A Complete Guide to Billable Hours

I’ve been using Hiveage’s predecessor Curdbee for years, and Hiveage improves on Curdbee in every way. The interface is polished, fast, fluid and intuitive, and the amount of features available are pretty amazing. It will be my project management software for the foreseeable future, and the only one I recommend to clients and colleagues. Equipment […]

Reconciliation Finance, Definition, Process, Methods

Integration with accounting software like NetSuite, QuickBooks, Xero, or Sage, especially when paired with Ramp, can be a significant step toward streamlining your financial operations. Account reconciliation is a process that involves identifying discrepancies between business ledgers and outside source documents. Accuracy and strict attention to detail are the fundamental principles of this process. Various […]

Understanding Equipment Depreciation: A Guide for Businesses

However, when the asset’s book value declines, depreciation charges reduce. Ideal for assets whose productivity varies, this method allocates depreciation based on the actual usage of the asset. Understanding the depreciation of assets aids in strategic planning for their replacement or upgrade, ensuring continued operational efficiency. Depreciation is how an asset’s book value is “used […]

A Guide to Bookkeeping: Skills, Salaries, and Careers

Compared to standard bookkeeping, project pricing gives more focused, day-to-day financial insights. Understanding them will help you budget appropriately and set realistic expectations when pricing services. While having a degree and/or bookkeeper certification will give you the knowledge that you need to get your foot in the door, having practical work experience is equally valuable. […]

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