Category: Bookkeeping

Content When do you record unearned revenue? Atlanta Accounting Firms: Navigating Financial Excellence How to Increase Shopify Sales: Proven Strategies to Grow Your Business What types of industries and sectors have unearned revenue? The Importance of Unearned Revenue When Is Revenue Recorded in the Accrual Method? Revenue is recorded when it is earned and not…

Content Types of Revenue Accounts – Examples Why is Sales Revenue important? Sales journal entry definition Convert their account receivable into a long-term note What does sales revenue include? You use accounts receivable as part of accrual basis accounting. In expense refund accounting, the second account you must adjust is either cash or accounts receivable. If…

Content Intangible Assets What’s the difference between current and fixed assets? What Is Considered an Asset? Long-term investments What is your current financial priority? Standard Cost Method Products Create a Free Account and Ask Any Financial Question For example, a company may own a patent for a product they no longer produce, making the patent…

Content Due Dates for First-Year Annual Tax Payment Annual Tax Overview: Deferred tax asset vs. liability How to reduce risks with tax provision software About GAAPology Income Tax Payable EU Directive on minimum taxation published in the Official Journal How to calculate provision for income tax Cash flow is the amount of cash and cash…

Content Get clear on trust account rules / American Bar Association compliance Why it’s important to organize your law firm’s accounting and bookkeeping Standard legal accounting and bookkeeping mistakes Lawyer Advertising Rules: What You Need to Know about Law Firm Ads Financial KPIs Allow You to Monitor and Readjust However, every law firm owner needs…

Content Online Business/Hobby Business Build and sell spreadsheets Invest in businesses Invest in vending machines If your ultimate goal is to build multiple income streams for the long term, then I encourage you to consider blogging. You don’t need to be super rich, and you don’t need a lot of time to get started. To…

On the other hand, the company allows you to take care of all your bookkeeping needs in one place, tax and payroll services included, which is a worthwhile tradeoff for many businesses. You can also opt for the Weekly plan, which will set you back $499/month or $549/month with the current discount (cash-based accounting) and…

Content What is a Bookkeeper? Bookkeeper Job Description: Templates for Hiring at Your Business Bookkeeper Job Description: Bookkeeping Skills You Need to Have Bookkeeper Job Description: What Does a Bookkeeper Do? Bookkeeper Job Description While that image may have been accurate many decades ago, that isn’t necessarily the case today. Now, bookkeepers make use of…

Go is bulkier than C when it comes to size, which was one of the few disadvantages it had. If you take “hello world” as the smallest application you can write in Go and use the built-in println function, after stripping away debugging symbols it is just over 600 kB in size (snippet 1). If…

Content Get Your Money Management Back on Track Tax and Accounting Tips for Photographers Better than HDR – Master Luminosity Masks in Photoshop Best Paid Bookkeeping Software for Photographers Tips to Managing Your $$ Like the Pro You ARE The Beginner’s Guide to Time-Lapse Photography If you’re a photographer hoping to expand your professional opportunities,…