Category Archives: Bookkeeping

5 Things to Know About Your Balance Sheet U S. Small Business Administration

Content The three aspects of a balance sheet in detail. Does a Balance Sheet Always Balance? Components of a balance sheet Working Capital Download your free balance sheet template So for the asset side, the accounts are classified typically from most liquid to least liquid. For the liabilities side, the accounts are organized from short- […]

Rental Property Accounting + Bookkeeping: A Landlord’s Guide

It means that you’ll need to make sure your financial records are in order, so that when it comes time to report your income and file taxes, you have everything you need. Accurate, IRS-compliant financial reporting starts with proper bookkeeping and accounting. Plus, as you likely know, rental property income and expenses can be unpredictable, […]