Author Archives: Abdul Rehman

The year-over-year growth formula is one of the most reliable ways of tracking your long-term growth. If your business is relatively small (or more of a side hustle), you may be able to handle your accounting on your own. You can verify your accountant’s credentials by contacting the Board of Accountancy of their licensing state […]

When the building is ready to move into, they will debit Buildings and credit Construction in Progress. We offer dynamic checkboxes on our pricing page to help you estimate costs based on the services you require. This ensures transparency and allows you to choose the best options for your budget. Hiring a fractional CFO allows […]

Nurturing and healing animals may be your primary focus as a Veterinarian but understanding your financial landscape is just as vital. By combining intuitive software with real, human, pet-loving bookkeepers, we turn overwhelming bookkeeping tasks into a smooth, manageable process. Bench transforms the way small businesses like yours manage their bookkeeping, bringing clarity, efficiency, and […]

Employees must submit a manual log report, receipts, or both to substantiate reimbursement requests. Automated systems often have built-in security features that help protect financial data. Additionally, they can assist in ensuring compliance with regulatory requirements, reducing the risk of fines and legal issues. Balance sheet accounts are separated into current and noncurrent accounts. The […]

Account Balance is the amount of funds you have available in a given financial account; such as a checking or savings account. The given balance reflects the net amount available after credits and debits. Many banks offer online banking tools and mobile apps for real-time tracking and alerts for transactions. More often than not, you […]