+- Krafty Internet Marketing Forum (https://kraftymarketingprofits.com/internetmarketingforum)
+-- Forum: Search Engine Optimization (https://kraftymarketingprofits.com/internetmarketingforum/Forum-search-engine-optimization--44)
+--- Forum: White Hat Search Engine Optimization (https://kraftymarketingprofits.com/internetmarketingforum/Forum-white-hat-search-engine-optimization--47)
+--- Thread: Control of profit and expense accounts (/Thread-control-of-profit-and-expense-accounts--64990)
Control of profit and expense accounts - brainstorm21 - 12-25-2020
<p>I have a small business, but for some reason it's difficult for me to keep track of income and losses, always some figures do not converge. Maybe I'm doing something wrong, but how do you keep track of it?<br></p>
RE: Control of profit and expense accounts - Bookak - 12-25-2020
Have you tried hiring a good accountant or auditor?
RE: Control of profit and expense accounts - MaxForsyth - 12-25-2020
<p>Once you have calculated your income and expenses, you can start calculating your company's net profit or net loss. If you are engaged in business activities that are not designed to generate profit, the deductions allowed to you from the tax base are limited to a certain amount. You will be best told about this by any specialist accountant who can <a href=" https://www.calxa.com/cash-flow-scenarios-to-mitigate-a-crisis">calculate future losses and future profits</a>. I advise you to contact them as it is better not to risk your business.</p>
RE: Control of profit and expense accounts - MaxForsyth - 12-28-2020
<p>
(12-25-2020, 06:24 PM)MaxForsyth Wrote: </p><p>Once you have calculated your income and expenses, you can start calculating your company's net profit or net loss. If you are engaged in business activities that are not designed to generate profit, the deductions allowed to you from the tax base are limited to a certain amount. You will be best told about this by any specialist accountant who can <a href=" https://www.calxa.com/cash-flow-scenarios-to-mitigate-a-crisis">calculate future losses and future profits</a>. I advise you to contact them as it is better not to risk your business.</p><p><br></p><p>Thank you for the information<br></p>