Our Controller Services are designed and built for those that have more sophisticated requirements than just accounting services. Quadrant is committed to aiding nonprofits in their vital roles, focusing on fortifying their financial groundwork to support community development and positive change. As an added benefit to nonprofit leaders and their …

This QuickBooks comparison explains the differences between each version. Pricing varies based on the number of users and the level of customer support you need, and if you need to add QuickBooks Desktop Payroll. The software is incredibly expensive, and for the price you’re paying, certain features are fairly limited. …

The cash application process—a core tenet of accounts receivable management—is notoriously difficult, so most AR teams have a lot of room for improvement. Companies get paid faster when customers can have transparent access to their account, view invoice statuses, and easily make online payments. Organizations that still rely on manual …

In the event that something doesn’t match, you should follow a couple of different steps. First, there are some obvious reasons why there might be discrepancies in your account. If you’ve written a check to a vendor and reduced your account balance in your internal systems accordingly, your bank might …

Tax credits directly reduce the amount of tax you owe, dollar for dollar. A tax credit valued at $1,000, for instance, lowers your tax bill by $1,000. Our partners cannot pay us to guarantee favorable reviews of their products or services. Figures entered into « Your Annual Income (Salary) » should be …

While more complex than variable costing, absorption costing gives managers and investors a clearer view of product profitability. The main advantage of absorption costing is that it complies with generally accepted accounting principles (GAAP), which are required by the Internal Revenue Service (IRS). Furthermore, it takes into account all of …

Budgeting is an important part of every business whether it’s for-profit or not. Since churches don’t bring in as much revenue as other businesses, budgeting can be even more crucial. It’s not just about keeping the lights on (which your congregants will appreciate). All of the above software would be …

The psychological examination of affect can reveal patterns of emotional responses, which in turn could inform about individuals’ mental health conditions. The study of affect allows psychologists to understand and predict emotional reactions, thereby enabling the development of effective interventions and therapies. One common reason you may choose to restrict …

ROI shows how much the investor earns as a result of financial investments in the company. Any return on investment ratio is calculated on the basis of the company’s net profit. It allows analyzing financial performance in relation to money or time invested and focus on the project that is …

With relatively basic knowledge, the manager and owner are able to quickly understand how bookstime reviews well or poorly the bookkeeping works and records are kept. If you personally do not have time or enough knowledge to make such reviews on regular basis, we suggest hiring an independent auditory, who …