von balkan | Aug 11, 2023 | Bookkeeping
Additionally, Advanced lets you generate multi-company reports and schedule emailed reports to be sent to specified email addresses. If you’d like to use this service to pay your W-2 employees and 1099 contractors, you’ll need to pay an extra $500 per year, plus $2...
von balkan | Aug 9, 2023 | Bookkeeping
In a qualitative sense, expenses indicate the effort expended when providing goods and services to customers. Two variations of cash accounting occur where the buyer’s performance encompasses a series of payments that extend beyond the end of the present period,...
von balkan | Aug 7, 2023 | Bookkeeping
This will create what looks like a check and a deposit in your bank register. Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on...
von balkan | Jul 25, 2023 | Bookkeeping
Some companies will class out their PP&E by the different types of assets, such as Land, Building, and various types of Equipment. AP typically carries the largest balances, as they encompass the day-to-day operations. AP can include services, raw materials,...
von balkan | Jul 17, 2023 | Bookkeeping
Accounts receivable refers to the amount that your customers owe to you for the goods and services provided to them on credit. Thus, the accounts receivable account gets debited and the sales account gets credited. This indicates an increase in both accounts...
von balkan | Jul 13, 2023 | Bookkeeping
The HR department manager may be interested in seeing a graph of salaries by employee over a period of time. Managerial accounting is able to meet the needs of both departments by offering information in whatever format is most beneficial to that specific need....
