27
nov
How Are Cost of Goods Sold and Cost of Sales Different?
Among the potential adjustments are decline in value of the goods (i.e., lower market value than cost), obsolescence, damage, etc. Wors...
Bookkeeping
08
set
What is Form 1040? Understanding the IRS 1040 and Schedules
The typical deadline for Form 1040-X is three years from the date you filed Form 1040. Free filing of simple Form 1040 returns only (no...
05
jun
Plantwide Overhead Rate What Is It, Formula, How To Calculate?
When you consider that the average profit margin for most companies is 10%, 15% is a significant percentage. Allocating overhead costs ...
30
maio
QuickBooks Review 2025: Core Features, Cost
Even if you already have a QuickBooks Online subscription, if you want access to those things, make sure to email my team and we can gi...
11
jan
The Trend Analysis: Techniques and Tools blog
The three categories of these techniques are temporal, geographic, and intuitive. Trend analysis helps corporations to understand their...
26
dez
Liabilities in Accounting: Understanding Key Concepts and Applications
Unearned revenue represents payments received in advance for goods or services that have not yet been delivered. Customer deposits are ...
09
nov
Accounting Entries for Closing a Business: Essential Steps and Best Practices
It contains all accounts, including assets, liabilities, revenue, and expenses. It may also include sub-ledgers for more specific categ...
16
jun
Books of Accounts BIR: Guide to Registration, Filling Up, and Record-Keeping
This will provide you with a concise record of all rent payments made. A receipt book allows you to quickly and easily provide customer...
12
out
What is Gross Annual Income and How to Calculate it?
Explore the answers to these frequently asked questions on annual income. We believe everyone should be able to make financial decision...
02
jul
How to Perform a Cash Reconciliation: A Step-By-Step Guide for Accountants
Reconciliation is a crucial tool in protecting your business from fraud. A misplaced decimal or incorrect entry can throw off your enti...