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STRATEGY SESSION
PROFIT FIRST IMPLEMENTATION
By implementing the ‘profit first’ strategy, Bookkeeping by MVA aims to help your real estate agency become more resourceful and increase productivity. There is no need to change your existing habits. Keeping your eyes on the prize, we encourage you to lower credit card balances, save for future tax bills, and remove unnecessary expenses. Want to learn more? Contact us […]
RECEIPT MANAGEMENT
The secure tracking, management, and handling of receipts is critical in your general accounting operations. Bookkeeping by MVA offers this benefit as an additional service. To ensure your remain profitable, we track your deductible and non-deductible expenses worry-free. Fill out the form below to learn more, or add onto an existing package.
CONTRACTOR & VENDOR PAYMENTS
Your business relationships matter. Between the office’s electricity bill, the repair bills of your contractors, and advertising collateral, accounts payable & receivable is an essential aspect of running a profitable real estate business. Additionally, payment information is sensitive and confidential. You need a trusted partner. Bookkeeping by MVA can assist you with account maintenance, payment confirmation, and more. Contact us […]
EMPLOYEE PAYROLL
Your focus should remain other aspects of your business, not managing employee payroll. With tax laws being intricate and complex, one mistake could cost more than you bargained for. For Real Estate Agents with over $400,000/year in gross commissions, we offer the following employee payroll services to set you at ease. Contact us today to learn more or get started! […]
Are Retained Earnings Current Liabilities Or Assets?
Cash payment of dividends leads to cash outflow and is recorded in the books and accounts as net reductions. As the company loses ownership of its liquid assets in the form of cash dividends, it reduces the company’s asset value on the balance sheet, thereby impacting RE. Retained earnings accumulate all profits and losses from when a company starts operating. […]
What Are the Different Ways to Calculate Depreciation?
This is the general practice under the matching principle as the revenues are kept along with their expenses in the accounting period thus giving a more complete picture for accounting purposes. Unlike the other methods, the units of production depreciation method does not depreciate the asset based on time passed, but on the units the asset produced throughout the period. […]