Bookkeeping

It’s also great for Etsy shop owners and other eCommerce businesses using Wix, Squarespace, or WordPress. Wave’s Starter plan still offers the basic features businesses with simple accounting needs can use to manage their finances. Pricing is transparent, there are a decent number of add-ons, …

Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded …

Reconciliation software that automates significantly streamlines the financial records management process. It addresses the time-consuming nature of traditional reconciliation methods by automating the matching of financial transactions to their respective entries in the general ledger. This automation aids in the rapid and accurate reconciliation of …

Download our data sheet to learn how you can run your processes up to 100x faster and with 98% fewer errors. But, when performed manually, the process can get stuck in paper trails or in the inbox of the final reviewer. Automation solutions like SolveXia …

This method calculates the depreciation cost without considering the salvage value. The depreciation rate is used to calculate an asset’s annual depreciation, and then all accumulated depreciation from the first year of use until the last year of usage is added. The straight-line method of …

Such an approach allows the company to evenly spread the costs over the whole period of use. Under the double-declining balance method, the book value of the trailer after three years would be $51,200 and the gain on a sale at $80,000 would be $28,800, …