Archiv rubriky: Bookkeeping

Therefore, you should not rely on any of these forward-looking statements. Preferred stock often pays dividends, and companies calculate the dividends based on par value. We’ll walk you through the details on par value for stocks and why this is … Celý příspěvek →

Apart from e-commerce marketplaces, physical stores also take advantage of consignment. A consignor also gains from the advantageous position of neither having to pay for nor carry out marketing research or advertising activities to attract an audience and customers. The owner of … Celý příspěvek →

It assigns average costs to each unit, and is the opposite extreme of Job costing which attempts to measure individual costs of production of each unit. It is a method of assigning costs to units of production in companies producing … Celý příspěvek →

Consider your comfort level with accounting software and the specific needs of your business when evaluating the benefits of Desktop’s extensions. For instance, if you need industry-specific features, you might find a Desktop extension that perfectly addresses those requirements. If … Celý příspěvek →

While the company views the individual as an independent contractor, the Internal Revenue Service rules may dictate that the individual is actually a part-time employee. If a person is deemed to be an employee, the Internal Revenue Service requires that … Celý příspěvek →

In that case, it is best to go with the QuickBooks Online Payroll Premium subscription as it includes additional features such as workers’ comp, state new-hiring reporting and access to the HR support center. All your payroll data stays intact, … Celý příspěvek →

The key difference here is that operating expense is deducted in the same year, while capital expense is spread out over time through depreciation. Businesses can finance capital expenditures through various means, including direct funds, loans, leases, and equity financing. … Celý příspěvek →

This transaction will decrease ABC’s Cash account by $5,000, and its liability Notes Payable account will also decrease by $5,000. To reduce the Cash account, the account must be credited since it is an asset account. On the other hand, … Celý příspěvek →

Our tax preparation services are a great value for you and your family. We offer high quality services from knowledgeable tax accountants who will prepare your income taxes at competitive rates. We understand that no two businesses are alike, and … Celý příspěvek →

It specifically focuses on what the company owns (assets), what it owes (liability), and what remains for the shareholders (equity). Financial accounting involves systematically recording financial information to create statements representing a company’s overall financial health over a given accounting … Celý příspěvek →