Scheduling payroll dates in a calendar year prior to the beginning of the year helps employers to budget properly and maintain their compliance with wage payment laws and regulations. Detailed calendars can incorporate not just actual pay dates, but additional information such as pay period end dates, time sheet due dates and the workdays covered …
Contents: Resources for YourGrowing Business Revenue and Expense Recognition—RECENT MINUTES Business Development The cost principle requires a business to record the assets acquired, or services received, at their actual cost. Still, in reality, there can be some expenses that need to be paid in the future, so investors will not be able to decide whether …
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The ability to think logically is also essential, to help with problem-solving. Mathematical skills are helpful but are less important than in previous generations due to the wide availability of computers and calculators. Instead of recording a transaction when it occurs, the cash method stipulates a transaction should be recorded only when cash has exchanged. …
You would save money if you used your emergency fund to eliminate credit card debt, but the purpose of the fund is to prevent you from having to use your credit card for paying for unexpected expenses. With a proper emergency fund, you will not need your credit card to keep you afloat when something …
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Dozens of other underage girls described similar sexual abuse, but prosecutors ultimately allowed the financier to plead guilty in 2008 to a charge involving a single victim. In the unsealed documents, we recommend starting with those that have exhibits, as many of the other documents are more about procedural matters rather than the facts of …
Today, AI-powered robots can assist or takeover perilous manufacturing, surveillance, and maintenance work, so that human workers don’t have to risk life and limb. You don’t need to know all of these terms to understand the pros and cons of artificial intelligence… To help you unpack AI, we’ve compiled the list of the top 20 …
Contents: The Accounting Equation Bookkeeping Basics for the Small Business Owner Experience Required for Bookkeeping Ready to make your accounts receivable process a breeze? Follow a few tips Top Excel Templates for Accounting Accounts receivable is the dollar amount of credit sales that are not collected in cash. When you sell on credit, you give …
Bookkeepers To-do List: 21 Bookkeeping Tasks You Should Perform Daily Read More »
Content Accountancy Chartered Global Management Accountant (CGMA) About Xero How to choose an accountant for your small business Conclusion on choosing an accountant Also ask how readily available your accountant is going to be, how much time they will dedicate to you, and whether the work will be done at your place of business or …
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Companies will typically keep two sets of books (two sets of financial statements) – one for tax filings, and one for investors. Companies can (and do) use different depreciation methods for each set of books. Download the free Excel double declining balance template to play with the numbers and calculate double declining balance depreciation expense …
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There’s no strings attached, try FreshBooks’ accounting software for your advertising agency, for free, for 30 days. FreshBooks is available online for both PCs and Macs, as well as through our mobile app on Google Play or iTunes. The FreshBooks’ desktop accounting software will sync automatically with the app, so you can access your small …
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