Category Archives: Bookkeeping

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Working Capital: Definition & Formula

Working capital management ensures a company has sufficient cash flow in order to meet its short-term debt obligations and operating expenses. Working capital is also a measure of a company’s operational efficiency and short-term financial health. If a company has substantial positive NWC, then it...

How Much Does a Bookkeeper Cost? 2024

You are usually paying for QuickBooks, your education, and insurance. Veronica Wasek from 5-Minute Bookkeeping has a great pricing strategy. For her fixed-rate pricing, I believe she does the 1-3% for any clients that are $300k or below. For a client who’s revenue starts at $300k and goes up, she ...