von viktoriaadmin | Feb 19, 2024 | Bookkeeping
Tax accountants overseeing returns in the United States rely on guidance from the Internal Revenue Service. Federal tax returns must comply with tax guidance outlined by the Internal Revenue Code (IRC). As a result, all professional accounting designations are the...
von viktoriaadmin | Jan 31, 2024 | Bookkeeping
You can view employee time data from any device, which is convenient if you have remote workers. If you want to avoid these fees, you can just manually record payments. You can also use other payment processors QuickBooks integrates with. But you’ll still have...
von viktoriaadmin | Nov 17, 2023 | Bookkeeping
We can illustrate each account type and its corresponding debit and credit effects in the form of an expanded accounting equation. Debit notes are a form of proof that one business has created a legitimate debit entry in the course of dealing with another...
von viktoriaadmin | Okt 23, 2023 | Bookkeeping
Useful life is an accounting estimate and if you find out that it is different from what you initially set, you need to book this change in line with the standard IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors. None, of course – because the...
von viktoriaadmin | Jun 28, 2023 | Bookkeeping
Consider when or why you might need to look back through your financial records for your bank reconciliation, and which method of recording will make the task easier for you based on how you keep your records. Bank reconciliations are like a fail-safe for making sure...
von viktoriaadmin | Mai 8, 2023 | Bookkeeping
Calculate the weighted average contribution margin to find your contribution margin for your overall mix of products. This method takes into account the contribution margin and sales volume for each product in your mix. To calculate your break-even point, divide your...
