Bookkeeping

Wave Accounting Review: Pros, Cons, Alternatives

  • July 5, 2024

"Wave makes your life a whole lot easier and takes that worry off you. I've tried Quickbooks—it's a bit more complicated and technical, and takes more time to set up." Create invoices whenever and wherever you want with Wave’s free app for iOS and Android. To access the free version of Wave Accounting, head to the website and click the “Sign Up” button in the top-right corner. You can sign up using an email and password or your Google account. I would strongly advise you to start with the Starter plan and once you are happy with the platform, you can upgrade to the Pro plan. Then, you can generate...

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Construction Accounting: Full Guide for Contractors 2024

  • January 31, 2022

Our goal here is to unfold the layers of construction bookkeeping, making it an accessible and manageable aspect of your business. Construction companies have specific tax obligations that they need to comply with. Therefore, it is essential for construction companies to keep accurate records of all financial transactions and to file their taxes on time. In summary, financial reporting and analysis are critical for construction companies to understand their financial position and make informed decisions. By creating accurate financial statements, managing cash flow effectively, and budgeting...

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Common Stock What Is It, Vs Preferred Stock, Formula

  • January 28, 2022

To determine the outstanding shares, you must deduct the number of repurchased or retired shares from the total number of shares issued by the company. Companies issue non-voting shares to raise finance while preserving voting power in a small group of shareholders, usually the founders or management team. Deferred shares (founder shares) are usually given to important people within the issuing company. How to Calculate Outstanding Shares Common stock outstanding refers to the total number of common shares issued and outstanding by a company. In this article, we will provide a step-by-step...

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