კატეგორია: Bookkeeping

Accrual Basis

Content Disadvantages Of Cash Accounting Why Cash Basis Can Be Better What Is The Difference Between Cash Why Does Gaap Require Accrual Basis Rather Than Cash Accounting? Business Types As a small business owner, keeping an accurate account of your expenses is vital if you’re going to keep your business in the black, and it’s […]

Retained Earnings On The Balance Sheet

Content Understanding The Cash Flow Statement Retained Earnings: Definition, Calculation, And More Retained Earnings, Shareholders’ Equity, And Working Capital Statement Of Retained Earnings: While retained earnings may be the cheapest way to finance growth in most scenarios, the aftermath of the 2008 financial crisis has made borrowed capital very cheap. This makes the opportunity to […]

Accounts Payable Turnover Ratio Definition

Assets Depending on your company’s financial health, goals for expansion, and position within the marketplace and its industry, your “sweet spot” may rest at a higher value than your competition. Depending on your accounting practices, you may calculate both TAPT and DPO based on either the calendar or the fiscal year. In addition, most calculations […]

Why Do Account Payable

Content Free Accounting Courses What Are The Differences Between Assets And Revenue? How A General Ledger Functions With Double Entry Accounting Origin Of Journal Effect Of Prepaid Expenses On Financial Statements Thus, the balance recorded as salary expense goes up by this amount while cash decreases. Increasing an expense is always shown by means of […]

Create Reversing Entries

Content What Are Reversing Entries And Why Are They Used? Risk Of Adjusting Entries Financial Accounting Accounting Without The Reversing Entry: Reversing Entry For Accrued Income You are saying you can avoid re-typing everything but you can’t set this up to happen automatically. It still requires a manual hunting expedition in the subsequent month to […]

Key Components Of Retained Earnings

Content How Are Retained Earning Represented On Financial Statements How To Prepare A Retained Earnings Statement Is Retained Earnings An Asset? Stay Up To Date On The Latest Accounting Tips And Training Are Retained earnings taxed? A company does not have to pay income taxes on its retained earnings because those earnings represent some or […]

Quickbooks Sync By Daring

Content Quickbooks Coaching Class Atlanta Quickbooks Coaching Class Saint Paul Understanding The Distinction Between Quickbooks Desktop & Quickbooks On-line • You’ll hand over any unused portion of a free trial period whenever you buy a subscription. • Your iTunes account will be charged for renewal inside 24 hours prior to the top of the current […]

Quickbooks® Online Pricing & Free Trial

Content Compare With Similar Products Quickbooks Plus Advanced For One User, Plus Your Accountant Quickbooks Online Self Compare With Similar Products One of the key differences that makes QuickBooks Online Plus stand apart from Simple Start and Essentials is it allows you to track inventory quantities and cost. QuickBooks Online Plus is good for a […]

Personal Finance & Money Management Software

Content Personal Tools Get A Money Buddy Open A Savings Account At A Different Bank Than Where You Have Your Checking Account Accounting & Taxes, Inc Personal Finance Personal Tools The four dedicated free websites we reviewed help pay for the services they provide by displaying occasionally intrusive ads for products that might appeal to […]

Using The Accounting Equation In Your Small Business Bookkeeping

Content Accounting Standards For Private Enterprises Business The Accounting Process Limits Of The Accounting Equation Shareholders’ Equity Accounting Standards For Private Enterprises Recording of a debit amount to one account and an equal credit amount to another account results in total debits being equal to total credits for all accounts in the general ledger. If […]