Category: Bookkeeping

However, it’s important to consider asset turnover in conjunction with other financial metrics and qualitative factors to get a more complete picture of the company’s financial health. The fixed asset turnover ratio formula divides a company’s net sales by the value of its average fixed assets. Companies with higher fixed asset turnover ratios earn more…

Every day, association funds should be directly deposited into the homeowners association’s bank account and the receivable department should record the deposits. The community manager should go over invoices to make sure they’re accurate and they should approve invoiced work before payment. In most states, auditors will check associations’ books at least once a year…

When you pay employees in different states, RUN by ADP handles all the tax filings for you in each respective state. From there, it pays your taxes for you and even creates and sends W-2 and 1099 forms to your employees and what is collateral in business contractors automatically. Because the system keeps up with…

Paper receipts can be damaged by water, fire, or a loyal (if excitable) canine friend. Paper can also fade over time, especially cash register receipts, and the last thing you want is to open your shoebox at tax time and find a lot of blank scraps. Waiting to organize your information every six months, or…

Precision accounting for residential or commercial land development companies, weekly comprehensive financial reports via email, and monthly Zoom® financial reports review meetings with your team. Complying with complex tax regulations, whilst keeping track of constant shifts in legislation, can be a minefield. Our aim is to relieve the concern and stress, taking care of tax…

We recommend taking a step back to revisit the church mission and vision long before any calculations. Define the top 3-5 priorities by the needs of the community and the congregation alongside your mission, resources, and available church discounts. Instruct church staff to review the list throughout the year and to use it as a…

From development stage startups to revenue-generating accelerated public company filers, Marcum has the breadth of experience to deal with the challenges companies face. Marcum understands the unique challenges colleges, universities and academic medical centers are under to improve operations and performance. By submitting your email address, you acknowledge that you have read the Privacy Statement…