Xero vs QuickBooks: Which Bookkeeping Software is best for you?

Xero allows seamless mileage tracking by letting its users enter the start and destination locations on the map. Xero does not offer an estimation feature, but users can fill out the form on its website to download a free estimate template in editable PDF format. Xero is not an alternative to project management software, but […]

Enrolled Agent Salary: Pay Guide for Enrolled Agents in 2025

To become an enrolled agent, it is necessary to pass a three-part examination. Additionally, anyone who is interested in becoming an EA will need to pass a background check. The background check will consist of researching the candidate’s personal tax history. This is quite important considering the importance of ethics in this job role. The […]

Cash Shortage Journal Entry

During the day sales of 1,400 are entered into the register, and a cash count at the end of the day shows cash of 1,614 as summarized below. For example, assuming that we have a cash overage of $10 instead in example 1 above, as a result of having actual cash on hand of $2,800 […]

Pricing and the Psychology of Consumption

And while it seems counterintuitive, especially during a recession, sometimes offering a best product is actually very good. Many airlines have come out with a basic economy type of seating, which, you know, you don’t get any advanced seats. Pricing is really going to be key during these very challenging times for consumers. Since their […]