Remove accrual accounting Remove financial statements Remove Information Remove Tax
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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). Understanding the principles of GAAP accrual accounting can be challenging and daunting; however, with the right guidance, it can be achieved.

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What is the Difference Between Bookkeeping, Accounting, and the Role of the CFO?

Basis 365

Managing Basic Reports: Bookkeepers often generate basic financial statements like balance sheets, income statements, and cash flow statements. This provides a strong foundation for making informed business decisions. This paints a more accurate picture of financial performance over time.

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The Playbook for SaaS to Convert from Cash to Accrual

inDinero Accounting

You’re making the switch to improve your board meetings with investors, get through an annual financial statement audit, complete your series A financing, or for an IPO. Seeing the cash-in and cash-out every month is reassuring, but you’re making the change in accounting method because your company’s growth depends on it.

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Important New Disclosure Rules for Trusts

Generate Accounting

The government announced that with the introduction of the top marginal tax rate of 39%, there would be increased focus on trusts. The trust tax rate is still at 33% and so there could be the incentive to funnel income through a trust if trustees or beneficiaries were paying 39% on their individual income.

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Important New Disclosure Rules for Trusts

Generate Accounting

The government announced that with the introduction of the top marginal tax rate of 39%, there would be increased focus on trusts. The trust tax rate is still at 33% and so there could be the incentive to funnel income through a trust if trustees or beneficiaries were paying 39% on their individual income. Exemptions.

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Consistent Financial Reporting for Small Businesses

inDinero Accounting

Consistent financial reporting can be the difference between merely surviving and thriving in the competitive business landscape. These reports offer a window into your business’s financial health, guiding you to make well-informed decisions that could shape your company’s future.

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A Comprehensive Guide to Building an Optimal Accounting System

Basis 365

In the complex world of business, a robust accounting system supports the foundation of financial clarity and control. It's not just about crunching numbers – it's about crafting a strategic architecture that empowers informed decisions, optimizes operations, and navigates the complexities of compliance.