Reconciliation of accounts acquisitions determines whether transactions are in the correct place or should be shifted into a different account. Reconciliation serves Continue reading
Category: Bookkeeping
When an adjusting entry is made for an expense at the end of the accounting period, it is necessary to keep track Continue reading
It’s important to understand the challenges you may face when outsourcing software development to India. It can help you determine if it’s Continue reading
While most in-depth tax software charges a fee, there are several free options available through the states, and simple versions are also Continue reading
No, retained earnings are not an asset of the company, they are different from each other. Retained earnings represent the amount of Continue reading
The treasury stock account is debited when a company buys back its shares from the open market. For example, when a customer’s Continue reading
Your deposits must be made either on a monthly or semi-weekly schedule—an election you make before each calendar year. As an employer, Continue reading
When new projects come in, they’re immediately assigned to a team member with availability. As they move their project through to its Continue reading
The overall picture was one of a labor market that remains solid but is gradually slowing — exactly what officials at the Continue reading
The following four bookkeeping practices can help you stay on top of your business finances. If you enjoy organization and numbers and Continue reading