Monitor the recurring expenses in your business with Pilot, budgeting and cancelling unnecessary subscriptions and expenses. Discover the whole, complete insights of your business’s finances, including new…
What is the difference between Notes Payable and Accounts Payable?
This ends up being a low-risk practice overall for the company as they will tend to only work with reliable customers. Interest 17 ways to set up…
Example of Using an Account Set to Identify Distributable Accounts
Clarity is pivotal in this process; attorneys must educate their clients about what is trust accounting by providing regular account statements and transparently disclosing any fees or…
Furniture, Fixtures and Equipment and Depreciation Finch & Associates
The net book value of the car is calculated as the difference between the original book value and the amount of its accumulated depreciation over its useful…
Chapter 2 7® Balance Sheet Presentation of Bond Discount Long Term Liabilities & Amortizing a Bond Discount
Bonds issue at par value mean that the issuer sell bonds to investors at par value. Bonds Payable usually equal to Bonds carry amount unless there is…
Church Accounting: Ultimate Guide + Best Practices to Know
Building an elegant chart of accounts requires balancing the need for sufficient relevant financial data with the desire to keep reports simple and understandable. Our nonprofit professionals…
Back to Basics: The Percentage of Completion Method of Accounting for Contractors
This section offers recommendations for software that provides essential features without overwhelming complexity, helping you manage your business effectively. Choosing the right software for your construction company…
The Ultimate Guide To Construction Bookkeeping
It involves tracking and analyzing costs, managing project budgets, monitoring cash flow, and ensuring compliance with industry-specific regulations. Unlike traditional accounting methods, accounting for construction focuses on…
A Roadmap to Accounting for Equity Method Investments and Joint Ventures Deloitte US
Our writing and editorial staff are a bookkeeping and payroll services team of experts holding advanced financial designations and have written for most major financial media publications….
How to Interpret Regression Coefficients: A Practical Guide
In time series regression, the coefficients represent the change in the dependent variable for a one-unit change in the independent variable, at a specific point in time….