Bookkeeping Archives

As of December 31, the hourly-paid employees have earned $3,000 of wages for which they will be paid on the first Friday in January. In order to comply with the matching principle, the account Wages and Salaries Expense must include the $3,000 of wages in…

However, it will be really important to pay the balance off before the period ends. Otherwise, not only will you be saddled with interest on the remaining balance, you will also retroactively incur interest on the original purchase price, warned Rathner. There are a few…

Accounting firms need to have some clear key performance indicators to help them decide if their outsourcing engagement model is working well. Measuring the benefits and progress and assessing the risks of your firm’s outsourcing model can help you take corrective steps at the right…

This leaves 700k of variable costs which could be changed by decisions such as reducing resources on the project, reducing scope, lowering quality or any other number of project alternatives. Once a variable cost is incurred and cannot be recovered, however, it becomes fixed in…

Скользящие средние можно использовать на любых финансовых инструментах – ограничений нет. Рекомендую обратить внимание на валютные пары с японской йеной – тренды там более плавные. Вероятнее всего – сократить количество ложных сигналов. Представим, что цена росла https://capitalprof.space/ и вдруг начинает снижаться к своему усредненному значению…

Let me, an experienced, certified, and skilled professional, spend the time with your bookkeeping so that you don’t have to. My mission is to help you grow your business by providing personalized and comprehensive Accounting and Bookkeeping services. Bookkeeping activities can involve simple tasks like…

Clover’s POS system can process all these kinds of payments, including contactless options like Apple Pay®, Google Pay®, and Samsung Pay®. And, for bigger repair jobs, you can let your customers pay in scheduled installments until paid in full. Here are a few ways to…

A controller can help you set up and oversee your financial system and accounting infrastructure. Controllers often oversee the bookkeeper’s work, reconcile the accounts, and make more significant ledger adjustments. They can use your financial data to understand what it tells you about your business.…

It was launched in 1986 by Ernst and Young and has a great reputation for high-quality tax services. Here is a handy tax checklist for clients in an easily shareable format, to get them ready to file their tax returns. As a tax preparer, getting…

Using the comparative income statement above, you can see that your net income changed by $1,500 from 2017; a percentage increase of 5.3%, but what really stands out on the income statement is the 266% increase in depreciation expense. You can also choose to calculate…