However, where the supply of products or services is expected to take more than one year, the unearned revenue may be recorded as long-term debt. Per accrual accounting reporting standards, revenue mu...
Subsidiary ledgers include selective accounts unlike the all-encompassing general ledger. Sometimes subsidiary ledgers are used as an intermediate step before posting journals to the general ledger. A...
Requires payment of necessary expenditures or losses for the employee in obtaining a food handler card. Requires employees to be relieved of all other work duties while taking the training course and ...
As a business owner, you might even find yourself rushing at the end of the year to ensure your books are accurate for tax season or audits. Having up-to-date books is crucial because it shows you whe...
Treasury stocks are shares that were originally part of “shares outstanding” but that have been repurchased by the company. This is referred to as “shares outstanding,” or the total shares that exist ...
For instance, it doesn’t offer the same built-in time-tracking and project-tracking features you get with most other basic accounting software plans. Unlike with QuickBooks, you can’t manage 1099 cont...
So we were able to go through the business reengineering process, drive something north of 90% of first-touch resolution across all offices within a matter of months. He is now an executive in the glo...
Bookkeeper.com isn’t clear about work arrangements, beyond the fact that their bookkeeping positions are remote. That said, some of the language indicates these are employee roles rather than contract...
It’s also possible to expand the above simple cash book into a more detailed record keeping. The below example breaks down different types of expenses, which makes it easier to track spending by categ...
FreshBooks is cloud-based software, which means you can use it from anywhere. However, with four plans available, FreshBooks can also be used by growing companies. Because of its simple and intuitive ...
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