Catégorie : Bookkeeping

  • TOP 10 BEST Bookkeeping Services in Phoenix, AZ March 2024

    Referred by more CPAs than any other Phoenix bookkeeper, Complete Controller helps you to arrive at year end with accurate, tax ready bookkeeping and financial records. Our secure cloud access let’s you and your CPA keep tabs on your performance all year and makes tax prep a snap. https://www.bookstime.com/ I have learned more from Dave […]

  • What is a Normal Balance in Accounting?

    Credit cards are payment cards that allow individuals and business owners to make purchases without having to immediately fork over any cash. They give cardholders the chance to pay for their goods and services later while providing them with a secure and safer method to shop. Unlike cash, credit cards are generally accepted worldwide and […]

  • Business process automation BPA : Definition & tips

    Today, companies have a number of options when it comes to providing customer support. When someone calls a helpline, they can choose from a list of options so that their call is automatically forwarded to the person best suited to help them. While automation will help reduce your overhead, partnering with an MSP will ensure […]

  • Dividend vs interest definition, examples, differences

    However, interest alone may not always be sufficient to outpace inflation or achieve significant long-term growth. Although, it is not compulsory for every cash flow from assets calculator company to pay dividends annually. If the company earned profits, then after the consultation with the top management, it can declare the dividend. While interest and dividends […]

  • ECONOMIC ORDER QUANTITY EOQ MODEL: Inventory Management Models : A Tutorial Supply Chain Resource Cooperative

    The Economic Order Quantity (EOQ) formula helps to avoid these mis-stocking situations. It calculates the ideal number of units you should order, such that the cost involved is minimal and number of units is optimal. To determine the procurement cost of multi-item orders, the total cost is divided by the number of items ordered during […]

  • Encumbrance: Definition, Example, and Types of Encumbrances

    Content Download a free copy of “Preparing Your AP Department For The Future”, to learn: The encumbrance accounting process Phase 2: Encumbrance (Obligation) Reporting Tools for Encumbrances: An Introduction to Encumbrance Accounting & The Encumbrance Process Encumbrance accounting is used by capital projects funds even if budgetary accounting is rot… Advantages of Fund Accounting in […]

  • Reasons To Hire An Accountant

    Content Managing your finances Services Growth management Why do influencers need an accountant? Where can I find a reputable accountant? How to hire a tax professional How to Find the Right Financial Advice Bookkeeping and financial reporting are essential tasks that an accountant can help with. Bookkeeping involves maintaining financial records and documents for a […]

  • The FIFO Method: First In, First Out

    The cost of the newer snowmobile shows a better approximation to the current market value. The First-in First-out (FIFO) method of inventory valuation is based on the assumption that the sale or usage of goods follows the same order in which they are bought. In other words, under the first-in, first-out method, the earliest purchased […]

  • The FIFO Method: First In, First Out

    The cost of the newer snowmobile shows a better approximation to the current market value. The First-in First-out (FIFO) method of inventory valuation is based on the assumption that the sale or usage of goods follows the same order in which they are bought. In other words, under the first-in, first-out method, the earliest purchased […]

  • Publication 946 2022, How To Depreciate Property Internal Revenue Service

    Beginning in 2020, the dollar limit for each item of section 179 property placed in service in a tax year is $1,040,000. In addition, there is a total limit of $2,590,000 that you can deduct for all qualifying section 179 property for that tax year. For an asset worth $10,000 with a useful life of […]