Chuyên mục: Bookkeeping

  • Trial Balance in Accounting Rules & Examples

    by: dtp Bookkeeping 0 2024-10-22 02:22:36
    Inventory can be in incomplete or complete states and is used in the near future. It is prepared by evaluating inventories of sales, repaired goods, defective goods, goods in the trial balance rules many processes etc. Shaun Conrad is a Certified Public Accountant and CPA exam expert with a passion for teaching. After almost a […]
    View more

  • What Are Direct Costs? Definition, Examples, and Types

    by: dtp Bookkeeping 0 2023-05-20 12:29:05
    By also knowing what constitutes an indirect cost, an elimination process can be performed to determine the direct costs. Direct expense is essential for budgeting, decision making, selling price estimation, and profit evaluation. When companies attain economies of scale, they successfully reduce COGS. Alternatively, direct expenses can be reduced by finding suppliers who provide higher […]
    View more

  • Difference Between Journal and Ledger Accoutning

    by: dtp Bookkeeping 0 2023-04-28 03:33:39
    The ledger contains the chart of accounts, which is the list of all names and account numbers in the ledger. The ledger is given special importance by auditors and must be “balanced,” where the total debits always equals the total credits. A journal is the primary book of accounting where all financial transactions are recorded chronologically as they […]
    View more

  • Straight-Line Depreciation Method: Straight Line Depreciation Example and Calculation Guide

    by: dtp Bookkeeping 0 2023-04-20 12:35:17
    Your chainsaw will then depreciate by a specific amount with every hour it’s used. Straight-line depreciation is popular with some accountants, but unpopular with others and with some businesses because extra calculations may be required for some industries. Take a self-guided tour of NetAsset to discover how it can transform your fixed asset management processes. […]
    View more

  • Fayetteville, NC CPA Firm Home Page

    by: dtp Bookkeeping 0 2022-04-23 04:57:27
    Willie Cooper, Jr., CPA in Fayetteville, NC provides comprehensive accounting services. The company has operated for over two decades, and they serve both businesses and individuals. They strive to provide high-quality, professional work and they provide business consulting, accounting, and tax preparation. Some of their services include international taxation, IRS representation, financial projections and forecasts, […]
    View more

  • Accounting for Technology Companies: Key Insights

    by: dtp Bookkeeping 0 2021-07-30 01:05:36
    Accounting team members reconcile the annual physical inventory and periodic cycle counts, and they make approved journal entry adjustments in the books when required. Tech companies must also understand how to account for all aspects of M&A purchases to record the deals upon closing. This value is then amortized over the vesting period, impacting the […]
    View more

  • The Best B2B Payment Methods for Canadian Businesses

    by: dtp Bookkeeping 0 2020-09-15 03:50:40
    The key difference is that virtual cards use randomly generated tokenized numbers, allowing businesses to make payments without exposing their actual payment credentials. Virtual cards are ideal for single-use transactions and provide detailed tracking of expenditures. Credit cards and debit cards are the common payment method to make B2B payments. However, a business must ensure […]
    View more

  • Accounting for Startups 101: A Beginner’s Guide

    by: dtp Bookkeeping 0 2020-06-16 10:23:29
    For small business owners, tax time will never be easy, per se, but there are ways to make it less painful. Chief among them is using good bookkeeping software to keep track of the business’s finances throughout the year. A well-established business plan is the foundation of a solid and successful business. Setting up an […]
    View more

  • Introduction to Accounting: Lesson 1 Learn for Free

    by: dtp Bookkeeping 0 2020-05-19 03:59:48
    This method is the simplest for small businesses because it doesn’t require you to track payables or receivables and reflects whether or not your money is actually in your account. A cash flow statement analyzes your business’s operating, financing, and investing activities to show how and where you’re receiving and spending money. When a company […]
    View more

  • How to prepare your estimated taxes as a new freelancer

    by: dtp Bookkeeping 0 2020-04-29 05:50:30
    On the other hand, if you have plenty of time and can handle it all yourself, you may decide that hiring an accountant for your small business isn’t the right next step. Unless you’re an ex-accountant turned small business owner, you’ve likely wondered if hiring an accountant is the right move for you and your […]
    View more