Suspense Versus Clearing Accounts in Bookkeeping
The Suspense Account A suspense account is a tool that can be utilized for different purposes depending on the business context....
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BrightBooks Expert
- May 30
- 3 min
Bookkeeping Essentials for Business Startups
Bookkeeping is the process of systematically recording, maintaining, and organizing financial transactions and records of a business. It...
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Marketing Coordinator
- Mar 14
- 4 min
Business Financing – Don't Intermingle Funds
A common issue with single-owner and other closely held corporations is the intermingling of funds. This happens when a corporate...
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- Dec 7, 2022
- 3 min
1099 Vendor Forms Due January 31st
As we approach year-end 2022, let’s get a jump on our vendor 1099 forms, due at January month-end 1/31/2023 by knowing your filing...
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Marketing Coordinator
- Sep 20, 2022
- 2 min
3 Categories to Consider to Avoid Misclassifying Workers: Employee or Independent Contractor
Some businesses may hire both independent contractors and employees, and they may perform similar work. There are key legal differences...
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