by Alex | Sep 21, 2017 | Books + beyond
Spot audits in law practice are more or less like the practice inspection in accounting practice. The Law Society has expressed concerns over financial deficiencies noted during the spot audit. In some cases, poor documentation and records may lead to practice...
by Alex | Sep 18, 2017 | Books + beyond
Last blog, we have touched on the surface of franchises.Today, we talk about something more about franchises. My first advice, it is always important to consult with your trusted professionals including accountants and lawyers before starting or buying any franchising...
by Alex | Sep 12, 2017 | Books + beyond, Tax tips
In the construction business, a holdback is common.It works like this: the customers keeps part of the payment when they are satisfied with the quality and completion of the project based on the agreement. What are the tax implications for home builders/contractors?...
by Alex | Sep 2, 2017 | Books + beyond
In today’s Not-For-Profit (NFP) environment,regulatory changes, compliances and fundraising are the headwinds for a lot of NFPs. Large NFPs may have enough resources to handle all the challenges but not for a lot of small NFPS who lack of fundings and supports....
by Alex | Sep 1, 2017 | Books + beyond, Tax tips
In the previous post, I have talked about how to track revenues and expenses related to each project in progress at any time in Quickbooks.The reason is quite obvious as job costing enables you to have a clear picture which projects are profitable. Another reason is...
by Alex | Aug 29, 2017 | Books + beyond
Business owners in construction business face challenges not only from running the project on schedule but also from assessing the profitability of the job/project. Those business owners are not alone. A lot of contractors, even manufacturers are facing the similar...
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