BSA

Bookkeeping

Bookkeeping Definition, Types and Importance of Bookkeeping

Bookkeeping software and tools are essential for maintaining accurate financial records. They streamline the process of recording transactions, managing invoices, and reconciling accounts. Bookkeeping is the systematic recording and organizing of a company’s financial transactions. Advance Your Accounting and Bookkeeping Career An entry that is made into the accounts utilizing double entry bookkeeping to make […]

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Business Taxes

The tax is collected by the New York State Department of Taxation and Finance (DTF). The Department of Finance administers New York City’s business and excise taxes. If you have any questions about Corporate Tax Reform, please email us. We will review your question and any response will be published in the Frequently Asked Questions

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Understanding Changes in Working Capital: Formula and Implications

Higher working capital shows strong liquidity and greater financial stability. It usually means that there are more current assets like inventory, cash or receivables compared to current liabilities. Which suggests the company is able to cover short-term liabilities in the near future.In other ways, the increased data might also reflect excessive cash tied up in

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