Category: Bookkeeping

When you reach bronze partner status, you’ll get a free listing that you can customize to showcase your expertise. You can import data from other accounting software in bulk via CSV files once you’ve done some initial…

Credit unions have the option of risk-weighting senior tranches at 100 percent or subordinated tranches at 1,250 percent. The credit union should maintain the documentation of the approach used (look-through versus gross-up) and the results obtained for…

I crashed headfirst into the great cultural divide, flexible ethics, wildly overblown commitments, and some corruption. Indian BPO market to hit $8.8 bn by 2025 with new changes and a liberalized regime with a growth rate close…

Closing entries are journal entries used to empty temporary accounts at the end of a reporting period and transfer their balances into permanent accounts. Temporary accounts are used to accumulate income statement activity during a reporting period….

Investopedia collected and analyzed several key data points from over 13 companies to identify the most important factors for readers choosing accounting software. Investopedia launched in 1999 and has been helping readers find the best accounting software…

As the cash is received, the cash account is increased (debited) and unearned revenue, a liability account, is increased (credited). As the seller of the product or service earns the revenue by providing the goods or services,…

The journal is cash disbursement journal example simply a chronological listing of all payments including both cash and checks. The journal is used to save time, avoid cluttering the general ledger with too much detail, and to…

The Code Zone (UK) offers online and local coding clubs for kids aged six and upwards and is the global winner in the ‘Upskilling for the future’ category. Through the clubs, kids can learn to code in…

Enforcing company-wide cost-saving policies around printing, travel, etc. further helps minimize overhead. You’ll master the key formulas, learn how to allocate costs properly across departments, see real-world examples, and discover best practices to control overhead expenses. This…

First, identify your fixed costs, which are expenses that do not change regardless of the number of downloads. Suppose your fixed costs include $10,000 for app development and $2,000 for marketing, totaling $12,000. Determine all fixed costs…