May 6, 2022 Gifts-in-kind: What are they worth? While mid-sized to larger nonprofits may outsource these services, smaller nonprofits may seek out community members willing to donate their time and expertise until they have the resources to pay professionals. The manager wasn’t ready to make…
April 14, 2022 Bookkeeping Phoenix, AZ Online Bookkeepers & Accountants Tax packages include tax prep, filing, and consulting, too. We would love to earn your business, so here’s a free guide of the most common strategies we use to drastically reduce your business taxes. I have learned…
April 11, 2022 Impaired Asset Definition, Measurement, & Examples If an asset is continually depreciated at an underestimated amount, the asset will be reported at a book value that is higher than its market value, and this gap expands overtime. When companies detect impairment due to…
February 17, 2022 FIFO Method Formula: Accounting Explained If you’re ready to try out a dedicated inventory system, Zoho Inventory is free to start. If you’re a business that has a low volume of sales looking for the most amount of detail, specific inventory tracing…
January 12, 2022 Finance and accounting outsourcing Services At SuperStaff, a leading BPO provider with a strong presence in the U.S., Colombia, and the Philippines, we strive to elevate your financial services and steer you through difficult economic uncertainties. Using our highly advanced software, we…
December 14, 2021 Corporation: What It Is and How to Form One Each partner contributes capital in the form of labor, money, or skill, and profits and losses are shared. A sole proprietorship is a business that is run by an individual for his/her own benefit. The liabilities of…
October 21, 2021 Is Accounts Payable a Credit or Debit? Cash or bank transfers are the two most common methods that businesses use to make a debit to Accounts Payable. Consequently, the double entry for the payback of Accounts Payable should look like this. A company’s Accounts…
September 21, 2021 7 Best Free Accounting Software for Small Businesses 2023 With a clear interface and features such as easy invoicing, expense tracking and timekeeping, users can navigate their financial tasks without a steep learning curve. The platform prioritizes simplicity, ensuring that even those with free bookkeeping software…
September 15, 2021 What is a capital lease versus an operating lease under ASC 842? The second exception is for leases which are deemed immaterial to financial statement users. ASC 842 does not establish a materiality exception or threshold, but materiality exemptions are allowed overall by US GAAP. If an entity has…
September 14, 2021 Data and Prediction Arm Span : Fathom Dynamic Data Software They are also used in the medical world; a sizable deviation from a human body ratio can indicate a body that does not develop according to expectations. In this science activity we will examine some human body…