05/02/2023Having a professional bookkeeper is crucial for your business. It can help with financial tracking, provide valuable insights, and ensure tax compliance. This saves time and reduces errors, contributing to long-term growth and success.
Patricia de Oliveira
Bookkeeper Professional
508-221-1874
Maple Bookkeeping Services
Please leave or read ratings and reviews on my ProAdvisor listing!
A Profit and Loss (P&L) Report, also known as an Income Statement, is a financial statement that tells you how well a business did financially.
The report shows how much money a business makes (revenue) and how much it spends (expenses) during a certain period. If the business made more money than it spent, then it has a profit. But if the business spent more money than it made, then it has a loss.
The P&L Report is important because it helps business owners and other people interested in the business, like investors and lenders, see how well the business is doing financially. They can use this information to decide whether they want to invest in the business or loan it money.
The only way to get a reliable Report is to have reliable and well-done Bookkeeping. It can be done daily, monthly, or quarterly depending on your business’s size and/or complexity.
Don’t wait until Taxes Season to take care of your Business Books.
Patricia de Oliveira
Bookkeeper Professional
508-221-1874
Please leave or read ratings and reviews on my ProAdvisor listing!
The Power of Attorney form, M-2848, is now fillable. The DOR webpage POA and Third-Party Authorization has been updated with the new form. Additional changes include removing the notary section and including electronic signatures (when submitted via PDF email).
Patricia de Oliveira
Bookkeeper Professional
508-221-1874
Maple Bookkeeping Services
Accounts payable is an essential function of any business that involves managing the payment of debts owed to vendors, suppliers, and other creditors. Proper accounts payable management is critical to maintaining good relationships with these entities, which can directly impact the business’s success. Efficient accounts payable processes also help to minimize the risk of errors or fraudulent activity, which can have severe consequences for the company. Effective AP management ensures any business’s long-term success and sustainability.
Patricia de Oliveira
Bookkeeper Professional
508-221-1874
www.maplebookkeepingservices.com
Maple Bookkeeping Services
Please leave or read ratings and reviews on my ProAdvisor listing!
