Bookkeeping

Greg has a wide range of audit experiences and has worked with clients in real estate, construction, technology, distribution, government and non-for-profit industries. Existing solutions were either unfriendly to users, costly, or lacked adaptability to diverse business retained earnings needs. Finding skilled bookkeepers who could navigate complex software and understand the nuances of different industries …

The Best Small Business Bookkeeping Services in Atlanta Read More »

There are scenarios where adjustments may be needed in DDB calculations. For instance, if an asset’s market value declines faster than anticipated, a more aggressive depreciation rate might be justified. Conversely, if the asset maintains its value better than expected, a switch to the straight-line method could be more appropriate in later years. In the …

What is the double declining balance method of depreciation? Read More »

Hourly or fixed-paid (ex. salaried) employees are simply paid based on the fixed entitlement of PTO/vacation days in hours or days. Many employees and employers, may be unaware of the facets that make up accrued leave. Calculating PTO and vacation accruals for hourly employees is more complex than for salary employees. Here are a few …

Vacation Accruals: How They Work & How to Accurately Calculate PTO Read More »

Knowing how to record accrued vacation correctly will also help you keep track of your employee’s vacation time and ensure they accrue the proper amount of vacation time. Depending on your policy, you may include sick and vacation accrual. Weekly accrual means that employees earn paid time off in increments for every week they work. …

PTO Accruals Guide: How to Calculate PTO & Vacation Time Read More »