Month: October 2021

With a limited ecommerce platform, POS integrations may be cumbersome. You risk having inaccurate inventory data due to disjointed online and in-person systems. The right ecommerce platform will also offer features to help you manage your business and finances. If you...

Companies have several options for depreciating the value of assets over time, in accordance with GAAP. Most companies use a single depreciation methodology for all of their assets. Thus, the methods used in calculating depreciation are typically industry-specific....

Start by reviewing a previous reconciliation report. If you reconciled a transaction by mistake, here's how to unreconcile it. If you adjusted a reconciliation by mistake or need to start over, reach out to your accountant. When reconciling an account, the first...