2022

In traditional situations and still in some family businesses today, the salesperson would then show the customer the summary, the invoice, for their agreement; but many shops today bypass this stage. The practice of presenting an invoice is most common in restaurants where a “bill” is presented after a meal. Companies and other entities use […]

Some petty cash vouchers are prenumbered and sometimes a number is assigned for reference and control. Receipts or other documentation justifying the disbursement should be attached to the petty cash voucher. They serve as a key source of evidence as they document that the goods and services posted to the financial statements truly exist. They […]

Finally, you want to find a solution that you can customize if you have special reporting or processing needs. This may be relevant for larger companies that have multiple projects that they manage simultaneously and need to create comprehensive reports and cash flow data for stakeholders. Get requests for information (RFIs) and track them within […]

Apply to pay your balance over time with a payment plan (installment agreement). Whichever method you opt to use, you’ll be required to fill out IRS Form 1040-ES, which is used to show your estimated income and projected tax Certified Public Accountant bill. If you later realize you overpaid or underpaid, you can fill out […]

In this guide, we’ll breakdown the basic steps for computing your quarterly income tax. If your gross income exceeds $150,000, you can avoid potential penalties by paying 110% of your previous year’s tax obligation as your estimated payments for the current year. Follow our step-by-step estimated quarterly tax calculator to figure out how much you […]