What is Yardi? Property Management Software Explained
However, it is also possible to automate this process, where you set Yardi to close all properties at once and time the closing on a consistent date. For example, closing the previous month on the first day of the current month keeps AP in the correct period and ensures a proper cutoff of the General […]
Property management software for every real estate portfolio
We are officially paperless, and all payments go through RentCafe. Deliver customized financials and offer property performance comparisons within an owner’s portfolio. Maintaining multiple systems can be expensive, time-consuming and error-prone — making it hard to access and analyze your data. If you can’t find your Breeze or Breeze Premier login link and lost your […]
7 Skills for Accountants to Succeed on the Job
Even for sole practitioners who work relatively independently, collaboration is absolutely key while working with clients and any other stakeholders in various projects. Avoid using too much jargon and ensure that anyone can understand the information, not just accounting professionals. Along with asking a manager for help, do a self-review of any communication. For oral […]
Everything About Virtual Assistant Bookkeeping Services
Clearly define your expectations regarding working hours, deadlines, and availability. Ensure that the virtual assistant’s schedule aligns with your business needs and time zone to facilitate effective collaboration. Many products and services require businesses to follow up with their customers. We have been serving our clients for more than three years with satisfaction. A company […]
ADP® Time and Labor Management ADP Marketplace
There are four options available for time off requests. Check the box next to each employee you wish to remove the schedule from, click Remove Assignments. Once department has been entered, click on Save. Once time pairs have been entered, click on Save. To remove approval; click the drop-down arrow and then click Remove Approval. […]
Contribution Margin vs Gross Margin 3 Best Difference with infographics
These cost components should not be considered while taking decisions about cost analysis or profitability measures. The other way you can use gross margin as a benchmark is to compare a company’s gross margin from year to year. A drastic increase in gross margin from one year to the next could be a red flag. […]
Trial Balance Example Format How to Prepare Template Definition
Depending on the kinds of business transactions that have occurred, accounts in the ledgers could have been debited or credited during a given accounting period before they are used in a trial balance worksheet. Furthermore, some accounts may have been used to record multiple business transactions. This step saves a lot time for accountants during […]
Depreciation Expenses Formula Examples with Excel Template
Depreciation is essentially the recognition that physical things deteriorate and become less valuable over time. Anything you use that takes wear and tear over time diminishes in value. The IRS allows you to reduce your tax bill by accounting for this diminishing value in the form of depreciation. So, if the asset is expected to […]
Accounting & Data Analytics: What You Need To Know
Horizontal analysis compares data horizontally, by analyzing values of line items across two or more years. Vertical analysis looks at the vertical effects that line items have on other parts of the business and the business’s proportions. Ratio analysis uses important ratio metrics to calculate statistical relationships. Managerial accountants, also known as management accountants, collect […]
Accounting, Bookkeeping, Tax, Payroll Services Chesapeake, VA
Sea Stars Accounting is a leading advisory firm in the industry. Cash flow management is very important to measure financial health. We would love to share some simple methods that work for your business. Reach out with your queries or set up an appointment to get our services. Find out more about Bookkeeping, Financial goals, […]
