Property Types and Abandonment Periods
February 27, 2023 2:37 pm Leave your thoughtsInstead, they consider it during the bank reconciliation process to ensure that the cash balance reported on the balance sheet... View Article
Categories for Bookkeeping
Capital Budgeting: A Detailed Exploration of Corporate Investment Decisions
February 6, 2023 9:02 am Leave your thoughtsInvesting in capital assets is determined by how they will affect cash flow in the future, which is what capital... View Article
What Does “MM” Stand for in Dollars?
January 23, 2023 1:47 pm Leave your thoughtsSOX (The Sarbanes-Oxley Act) – A law enacted in 2002 to improve the accuracy and reliability of financial information reported... View Article
Chart Of Accounts: Definition, Types And How it Works
December 20, 2022 5:24 pm Leave your thoughtsLiabilities are best described as debts that don’t directly generate revenue, though they share a close relationship. The money borrowed... View Article
Cost of Goods Sold: Defining & Calculating COGS
October 19, 2022 4:41 pm Leave your thoughtsIn other words, divide the total cost of goods purchased in a year by the total number of items purchased... View Article
Ultimate Guide: Accounts Payable Outsourcing
October 7, 2022 9:54 am Leave your thoughtsA shared services center (SSC) is a centralized and consolidated business unit that provides services for multiple units within the... View Article
Income Summary Account Definition Accounting Dictionary
September 20, 2022 3:39 pm Leave your thoughtsRespondents recognised that allowing former owners to retain control of the company via the EOT can give the impression that... View Article
Tax Preparation, Accounting & Quickbooks Bookkeeping Services FL, USA
September 20, 2022 1:03 pm Leave your thoughtsWe want you to be able to focus on taking care of your clients and running your business. Bookkeeping Services... View Article
Utah CPA Small Business Accountant: Klingler & Associates
September 19, 2022 4:50 pm Leave your thoughtsFrom basic income and expense tracking to financial statement preparation, we’ll stay on top of your business’ finances and provide... View Article
Break-Even Analysis: How to Calculate the Break-Even Point
September 8, 2022 2:36 pm Leave your thoughtsIt helps businesses choose pricing strategies, and manage costs and operations. In stock and options trading, break-even analysis helps find... View Article