Retail Accounting Basics: Understanding the Retail Inventory Method
A retail bank is a financial institution you use to deposit and withdraw money and seek personal credit and loans. In the […]
Other Current and Noncurrent Assets, Including Notes Receivable Financial Accounting
An asset representing the right to receive the principal amount contained in a written promissory note. Principal that is to be received […]
6 Best Construction Accounting Software Programs
Unlike other similar software, Buildertrend has a document version control, so you can track all changes made and who made those changes. […]
Become a Certified ProAdvisor, QuickBooks Intuit
A QuickBooks ProAdvisor can customize your QuickBooks software however you need. Since every company’s operations are different, you owe it to yourself […]
What is an Undeposited Funds Account?
It’s crucial to maintain consistency in updating and clearing undeposited funds to avoid discrepancies and errors in financial reporting, thereby upholding the […]
Singapore Country Profile National Geographic Kids
It consists of the diamond-shaped Singapore Island and some 60 small islets; the main island occupies all but about 18 square miles […]
Simplify Your Tax Estimates
This is because all owners are required to receive “reasonable compensation,” which can significantly limit how much revenue is left for reinvestment. […]
How to Do a Bank Reconciliation: Step-By-Step Process
Content What is the Bank Reconciliation Process? When Does a Business Prepare a Bank Reconciliation Statement? Example 1: Preparation of Bank Reconciliation […]
The Ultimate Guide to Startup Financial Projections Template Included
Content Why Are Financial Projections So Important for Startups and Small Businesses? When Do You Need to Create Financial Projections? What are […]
Law Firm Accounting Guide: Securing Your Law Firms Future
Content Rocket Matter Incorporates Kanban Project Management into LPMS LexisNexis and Uptime Legal – a Match Made in the Cloud Free accounting […]
Uncollectible Accounts Receivable Definition and Accounting
As a contra asset account, debit and credit rules are applied that are the opposite of the normal asset rules. Thus, the […]
Allowance for Doubtful Accounts Financial Edge
The doubtful account balance is a result of a combination of the above two methods. The risk method is used for the […]