Category: Bookkeeping

For the new startup company that grows, the management team might not decide to pay the dividend to the board of directors. This is because they want to use the surpluses fund for expanding the operating, improve broth people and machine capacity. A company’s board of directors may decide to appropriate earnings for various purposes,…

These costs don’t fluctuate with production volume or sales and must be paid regardless of how the business is performing. This predictability makes them easier to budget for but also creates financial obligations that continue even during slow periods. Not from theft or fraud—but from operating expenses you haven’t properly identified, tracked, or managed. For…

After having worked with nonprofits with a budget of $1M+ for over 25 years, we understand how to do your accounting like few do. At ASNY, we are dedicated to establishing a resilient financial foundation for charter schools and nonprofit organizations by optimizing operations through accounting excellence. Our expertise in cash management and treasury operations…

Net assets with donor restrictions encompass funds limited by donor-imposed restrictions that expire by passage of time, fulfillment of purpose, or both. Net assets without donor restrictions include funds that the organization can use for any purpose within its mission. Board-designated funds fall into this category, as the board retains the ability to change designations.…

While both roles are essential to a company’s financial operations, each requires its own specialized knowledge and skills. At Sundance College, our Accounting, Tax & Payroll diploma program prepares you for both paths, equipping you with the hands-on training and industry-relevant knowledge to start a career in both roles. In addition to traditional bookkeeping services,…