Category: Bookkeeping

Both licensees and licensors should account for royalties properly and reflect them in their tax returns. Examples include a tech company licensing patented software or an author licensing their work to a publisher and earning royalties in return. It’s a good idea to develop a sample of a complex royalty statement and include it as…

At Invensis, we understand the importance of complying with legal and ethical requirements. Our expert team of accountants and bookkeepers stay up-to-date with the latest regulations and standards. They ensure that your law firm’s finances are handled with the utmost care and professionalism. Also, we use advanced software and automated processes to streamline financial management…