Categories Archives: Bookkeeping

Thus, preparing a trial balance is the first step in closing the financial books of an accounting period. This trial balance will be prepared once again after all adjusting entries have been posted and then that report will be called an adjusted trial balance. Therefore, the unadjusted trial balance will serve as a foundation upon [...]leer másTrial Balance Accounting: Whats the Purpose of a Trial Balance? Questions and Answers
This method allows the current and future cash inflows or outflows to be combined to give a more accurate picture of a company’s current and long-term finances. Which accounting method you should choose depends on the size of your business. The Industry’s #1 Legal Software for Law Firms Try it for free! The ‘Balance’ refers [...]leer másWhat is Accounting? Definition, Equation, Methods, Examples
Content No one offers more ways to get tax help than H&R Block. Understanding Tax Day Federal tax due date IRS postpones April 15 deadline Tax Year 2022 Deadline Extension The automatic six-month extension only provides additional time to file your return. You must pay your properly estimated tax liability on or before April 20. [...]leer másTax Day Deadline for 2022 Taxes: e-File by April 18, 2023
Content Job brief Bookkeeper (Part-time) Remote bookkeeping qualifications include: Sign in for the full experience. Join the QuickBooks Live Bookkeeping Team Time and Attendance Consultant – Nationwide Kronos Time Management Consultant – Nationwide In addition to these basic bookkeeping activities, your costs will be impacted by how your accounting systems, policies and procedures, and reporting [...]leer másPart Time Bookkeeper Salary in USA Average Salary
Even small businesses have the opportunity to leverage scaling strategies and achieve sustainable growth, enabling them to compete with larger competitors. The digital revolution has opened up new avenues for small businesses to expand operations and reach a broader customer base. If hiring is part of your scaling strategy, you should hire where an extra [...]leer másHow To Scale Your Small Business in 6 Steps 2023
Work is being done to converge GAAP and IFRS, but the process has been slow going. Any probable contingency needs to be reflected in the financial statements—no exceptions. Possible contingencies—those that are neither probable nor remote—should be disclosed in the footnotes of the financial statements. Suppose a lawsuit is filed against a company, and the [...]leer másGAAP vs IFRS: 6 Differences Between Accounting Standards 2023
These can be challenging to create, but when done well they are quite effective and motivating for students. Keeping a central focus in mind applies to multimodal compositions as well as written essays. When storyboarding for the video, I wanted to appeal to all college students in general. Within my compressed time limit of three [...]leer másReflective Writing English Composition 1
Content Why is it called a bear market? Retirement Insights What are the benefits and risks of stocks? How to Research Stocks What Is a Bear Market and How Should You Invest in One? ESMA and the EBA assess the implementation of the revised Shareholder Rights Directive and identify areas for progress The key to [...]leer másInternational Equity Markets
Content Grow & Scale Your Contracting Business Why construction businesses need a bookkeeper with industry experience Bookkeeping for Contracting Businesses – What Canadian Contractors Need to Know What to Look for in a Bookkeeping Platform for the Construction Industry? Specialized Bookkeeping Services Most existing bookkeeping solutions automate one or more aspects of bookkeeping. However, there’s still [...]leer másThe Top Bookkeeping Tips for Contractors
Content Keep accurate accounting records An Affordable Bookkeeping Alternative to a CFO Reconcile Your Bookkeeping with your Bank Accounts Frequently c. Food costs How do restaurants maintain accounts? A restaurant profit and loss statement, also called a P&L, is a financial document detailing the total revenue and expenses over a predetermined period of time. P&Ls [...]leer másQuick Tips for Restaurant Bookkeeping Molen & Associates