Kategorie: Bookkeeping

Xero is online accounting software that gives you real-time visibility of your financial situation. It’s easy to use, and you can access it from anywhere 17 foundation tips every beginner needs to know with an internet connection. Business owners, freelancers and entrepreneurs often spend a large chunk of time on administration and accounting. If using…

Futures are a type of financial derivative, meaning the price of the contract is linked to another asset (e.g. the S&P 500). These contracts are typically traded by traders who speculate on the market’s movement, and have less liquidity than their index and mutual fund counterparts. There are a few alternative accounting methods for FV…

В апреле курс Биткоина побил новый рекорд (более $63,000), за день до листинга Coinbase в США. Coinbase – это криптовалютная биржа в США, и ее листинг на Nasdaq стал знаковой победой сторонников криптовалюты. Эта новость оказала положительное влияние и на другие криптоактивы, включая Ethereum. Здесь вы можете ознакомиться с ежедневными краткосрочными прогнозами цен на биткоин…

By harnessing the power of remote accounting, organizations can simplify their financial management, unlock greater agility, and drive growth. More than 37 percent of small businesses are outsourcing accounting services. At my company, one of the specific things we teach accountants and bookkeepers who want to run a virtual bookkeeping service is that they should…

The truck is in the accounting records at its original cost of $20,000. Combining the $20,000 and the $18,000 results in a book value (or carrying value) of $2,000. The purchasing of new equipment shows that the company has the cash to invest in itself. Finally, the amount of cash available to the company should…

The makeup of a retailer’s inventory typically consists of goods purchased from manufacturers and wholesalers. Liabilities may also include an obligation to provide goods or services in the future. Before joining the team, she was a Content Producer at Fit Small Business where she served as an editor and strategist covering small business marketing content.…

In most cases, this includes the bank, bank address, account number, routing number, and the account holder’s name and address tied to the account. You can get a void check for your checking account by writing “void” across the face of any check in your checkbook. Alternatively, your bank may provide you with a downloadable…

Knowing the risks allows you to decide whether or not to use this pricing strategy. Cost can increase when there is bad management or poor communication between departments in a company. Product overcosting or undercosting is a big problem for most manufacturing companies. However, it doesn’t take competition or market trends into account, meaning you…

By slightly raising taxes on investment in inventory, repealing LIFO would reduce economic growth, wages, and the capital stock, while costing about 6,000 full-time equivalent jobs. Though it would also raise revenue—around $42 billion over the next decade on a conventional basis, and just under $38 billion on a dynamic basis—it would not exceed the…

It also demonstrates you have relevant experience and, in many cases, have obtained a bachelor’s degree in a related field. The board of accounting in your state will grant this professional designation to you after you complete a thorough exam. Discover how to become a CPA, including exam and license requirements. Hire an accountant and…