Category Archive

Bookkeeping

Restaurant Bookkeeping New York City

wadminw Bookkeeping August 1, 2023

When selecting a restaurant accounting firm, you should evaluate a number of factors – technical expertise, reputation, reviews, industry know-how, and costs. Partnering with a professional bookkeeper and accountant can ensure your financial records are properly maintained and your taxes are filed correctly and on schedule. Your bookkeeper can categorize…

Accounts Receivable: Definitions & Examples

wadminw Bookkeeping June 1, 2022

Following up on late customer payments can be stressful and time-consuming, but tackling the problem early can save you loads of trouble down the road. Here’s an example of an accounts receivable aging schedule for the fictional company XYZ Inc. To record this transaction, what are production costs you’d first…