Author Archives: name

In practice, adjusting can happen semiannually, quarterly, or even monthly—depending on the size and complexity of the organization’s receivables. As a general rule, the longer a bill goes uncollected past its due date, the less likely it is to be paid. To learn more about how we can help your business grow, contact one of […]

Perhaps there’s an odd transaction or a little hidden mistake somewhere. Whatever the reason might be, you’ve decided it’s time to undo the reconciliation process. If you’ve identified any errors on the statement, contact your financial institution at once so they can investigate. Undoing a reconciliation in QuickBooks Online will not erase individual transaction categorizations, […]

Product backlog items that are not slated for work may be fairly broad and have little detail. The Product Owner, in collaboration with the development team, consistently reviews and modifies the backlog to ensure that the most valuable items are consistently prioritized. This continual refinement aids the team in maintaining focus on delivering high-quality products […]

Losing your bookkeeping records due to a natural disaster, a computer virus, or hardware failure can be devastating. When using this method, you recognize revenue as a percentage of the work your company completed during a period. The first set should cover information on the progress milestone met and reflect the total amount authorized for […]