Bookkeeping

That includes rent, depreciation, business or property insurance, maintenance, cleaning supplies, and property taxes. Every employee’s wages, benefits, and payroll taxes must be accounted for and [...]

At the time dividends are declared, the board establishes a date of record and a date of payment. The date of record establishes who is entitled to receive a dividend; stockholders who [...]

With Xero, you can easily collaborate with your team and accountant, making it easy to manage your business finances. Without accurate job costing and estimating, a plumbing business may suffer [...]

It’s also important to ensure that a given piece of software includes all desired functionality and is sufficient for your organization’s projected growth rate. The last thing you [...]

The subsequent distribution will reduce the Common Stock Dividends Distributable account with a debit and increase the Common Stock account with a credit for the $9,000. This is different from [...]

Your WellyBox account will automatically collect every receipt and invoice in your email and enter them automatically into your Xero account. Discover the right apps, built by experts to address [...]

Intuit designed QuickBooks as a simple, user-friendly accounting tool. Small-scale entrepreneurs, freelancers, and even managers of larger firms can use QuickBooks. Also, it helps organize [...]

Our team of financial experts and enthusiasts brings you articles and resources on topics like budgeting, credit, saving, investing, and more. Account holders won’t be charged for withdrawals at [...]

The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company’s operations, financial position, and cash [...]

This means Dobson books company would either have to reduce its fixed expenses by $30,000. On the other hand, net sales revenue refers to the total receipts from the sale of goods and services [...]