Top Tier Notary

07/05/2023

A true one stop shop!!!Local small business

Don't let running errands slow you down. Drop off your package with us and receive a payment link to complete the transaction. No more waiting in line!

03/03/2023

We stand behind our name
Top Tier Notary!

02/13/2023

Need a book keeper?? Call
313-920-3293
We can service all your company needs!

10/14/2022

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08/26/2022

. Total Entertainment Radio

08/25/2022

08/12/2022

Great information
creditMerritt Financial Services

𝐓𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐭𝐰𝐨 𝐩𝐫𝐢𝐦𝐚𝐫𝐲 𝐦𝐞𝐭𝐡𝐨𝐝𝐬 𝐨𝐟 𝐚𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠.

Cash method and the accrual method.

𝐂𝐚𝐬𝐡 𝐌𝐞𝐭𝐡𝐨𝐝—income is recorded when it is received, and expenses are recorded when they are paid.

𝐀𝐜𝐜𝐫𝐮𝐚𝐥 𝐌𝐞𝐭𝐡𝐨𝐝—income is recorded when earned, and expenses are recorded when they are incurred.

The cash method is the easiest to use; however, because it does not record payables and receivables, it does not provide an accurate financial picture.

On the other hand, the accrual method provides an accurate report on booked revenue and expenses so that you have an accurate cash flow forecast.

Still not sure which accounting method you should use? It is best to consult with a tax professional or Accountant on the most appropriate accounting method for your entity.

You can schedule a free consultation call with the link below to discuss the best accounting method for your business.

>>> bit.ly/MFS-Connect

08/12/2022

# expungementsetroit MI Liberation

07/29/2022

Liberation

07/29/2022

We will be joining the community to support our neighbors!

07/05/2022

BTP Notary Services Great read!

Estate Planning is something many people fear and avoid often times hurting their generational wealth or leaving their families broken. Chadwick Boseman’s estate went to probate causing over 1 million dollars to be lost to legal fees.