Category: Bookkeeping
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What Is a Product Backlog in Scrum? Scrum Alliance
The backlog is the foundation for the team’s ability to work in sprints, focusing on increments of work at a time. It allows for flexible, evolving, just-in-time planning, it supports collaboration and discussion, and it enables the scrum team’s ability to focus on a set of high-value items for a defined period of time. The…
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FASB Simplifies Private Company Accounting Rules for Franchise Fees
Franchisors and franchisees need to understand franchise accounting basics. A mistake in transaction records could result in the franchisee or the franchisor being paid incorrectly. The same amount must be deducted each year, so the fee needs to be divided evenly. If your agreement lasts less than 15 years, your amortization schedule for the fee will…
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New York City: Tax Services For Startups
If you have fallen behind on your books and want to get caught up, Bench might be the best option for you. If you’re using QuickBooks Online, QuickBooks Live can match you with a ProAdvisor to help you manage your books. If you need other services aside from bookkeeping, such as financial planning and tax…