Category: Bookkeeping

Allowance for doubtful accounts & bad debt expenses: Calculation

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It represents management’s best estimate of the amount of accounts receivable that will not be paid by customers. When the allowance is subtracted from accounts receivable, the remainder is...

The Relationship Between Working Capital and Company Valuation: A Detailed Analysis

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The Website reserves the right to discontinue or suspend, temporarily or permanently, the facilities. You agree that the Facilities Provider/ ABC Companies will not be liable to you in...

What Are Investing Activities? How to Report Investment Activities on the Cash Flow Statement

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Some specialize in a type of real estate, but others, such as the Vanguard REIT ETF (VNQ), provide diversified exposure to industrial, office, retail, healthcare, public storage, and residential...

Lump sum and annuity payouts

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A lump sum payment gives you immediate access to your winnings, but it comes with higher upfront taxes. An annuity spreads payments over years, potentially lowering your tax burden....

Unearned Revenue: Pengertian, Contoh, Dan Cara Mencatatnya

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Unearned revenue is recorded at the time of payment and then adjusted over time. For long-term contracts, businesses recognize portions of revenue periodically, ensuring that financial statements reflect actual...

Quickbooks Online Vs Desktop

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Its highest-tiered plan is the Advanced option, which costs $100 per month for the first three months, then $200 per month after that. Preferential rates offered to new QuickBooks...

Rules of Debit and Credit Definition, Explanation and Examples

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Before taking money or other assets out of their company, small business owners should be aware of the regulations. Owner draws are beneficial and can be used as a...

Church Financial Management: Principles and Best Practices in Handling Church Finances

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Another example of improving ongoing fundraising through sound financial management is endowments. If your church is gifted http://dostoevskiy-lit.ru/words/0-DAME/dostoevskiy/dame.htm an ongoing asset, you can use a solid financial infrastructure to...

Best Payroll Software for Small Businesses

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It can be hard to define the difference between payroll software and services, but we’re defining a payroll service as a third party that handles the entire payroll process...

Construction payroll and HR software

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Effective bookkeeping also supports better project management by providing clear financial overviews of ongoing and completed projects. At Outbooks, we know how difficult it The Role of Construction Bookkeeping...