Category Archives: Bookkeeping

Multicollinearity in regression analysis occurs when two or more predictor variables are highly correlated to each other, such that they do not provide unique or independent information in the regression model. Multicollinearity exists whenever an independent variable is highly correlated with one or more of the other independent variables in a multiple regression equation. Multicollinearity […]

Multicollinearity in regression analysis occurs when two or more predictor variables are highly correlated to each other, such that they do not provide unique or independent information in the regression model. Multicollinearity exists whenever an independent variable is highly correlated with one or more of the other independent variables in a multiple regression equation. Multicollinearity […]

Multicollinearity prevents predictive models from producing accurate predictions by increasing model complexity and overfitting. To reduce the amount of multicollinearity found in a statistical model, one can remove the specific variables identified as the most collinear. You can also try to combine or transform the offending variables to lower their correlation. If that does not […]

Multicollinearity prevents predictive models from producing accurate predictions by increasing model complexity and overfitting. To reduce the amount of multicollinearity found in a statistical model, one can remove the specific variables identified as the most collinear. You can also try to combine or transform the offending variables to lower their correlation. If that does not […]

With deadlines approaching and accuracy being non-negotiable, having a foolproof system monthly bookkeeping checklist is critical. Taking stock of your company’s performance and health is essential for further planning and strategizing, so you must ensure the data presented is accurate. Annual accounting tasks are primarily geared toward regulatory and compliance requirements and shareholder performance reporting. […]

With deadlines approaching and accuracy being non-negotiable, having a foolproof system monthly bookkeeping checklist is critical. Taking stock of your company’s performance and health is essential for further planning and strategizing, so you must ensure the data presented is accurate. Annual accounting tasks are primarily geared toward regulatory and compliance requirements and shareholder performance reporting. […]

Avoid piling bills up, this will only put too muchpressure on your income at some point in the future. The impact of blockchain on bookkeeping will be substantial in the years to come. While we’ve provided a comprehensive list, we recommend revisiting your scope of work for each client, as it will dictate what needs […]

Avoid piling bills up, this will only put too muchpressure on your income at some point in the future. The impact of blockchain on bookkeeping will be substantial in the years to come. While we’ve provided a comprehensive list, we recommend revisiting your scope of work for each client, as it will dictate what needs […]

If you look at what businesses who’ve tried our bookkeeping nearby are saying, you’ll see one five-star testimonial after another. The best indication of the quality of our services is that our past customers are united in their praise for Better Bookkeepers. Linda Rost started Better Bookkeepers in 1999, and since then the team has worked for […]

If you look at what businesses who’ve tried our bookkeeping nearby are saying, you’ll see one five-star testimonial after another. The best indication of the quality of our services is that our past customers are united in their praise for Better Bookkeepers. Linda Rost started Better Bookkeepers in 1999, and since then the team has worked for […]