Archive for the
‘Bookkeeping’ Category

This step involves the capture of financial data from general accounting ledgers, sub-ledgers, and other systems. Accuracy and completeness of data capture is vital, as this is the foundation for subsequent stages of the process. Data validation involves the identification and rectification of any discrepancies in the captured data. Financial data that is free from […]

Yes, firms can perform partial physical inventory counts, concentrating on specific sections, product categories, or high-value goods. This method can reduce disruptions and the time and resources needed for a complete inventory count. With RF-SMART, you do not need to pause operations to conduct a physical inventory count or cycle counting. This is key, so […]

This $8,000 income threshold is per person, giving married couples the option to file jointly or separately. Massachusetts has two marginal tax brackets, ranging from 5% (the lowest Massachusetts tax bracket) to 9% (the highest Massachusetts tax bracket). Each marginal rate only applies to earnings within the applicable marginal tax bracket, which are the same […]