Categoria: Bookkeeping

Accounts payable would be a line item under current liabilities while a mortgage payable would be listed under long-term liabilities. Mortgage payable is a type of long-term debt for purchasing property for business activities. Long-term liabilities have higher interest rates due to the wide gap between the time of borrowing and repayment. In short, a…

Content Earning College Credit Advantages of FinancePal’s Hotel Accounting Services Night Auditor Managerial Accounting for the Hospitality Industry Hotelogix Editorial Desk Competitive PricingIn Business Since 1998Locally Owned Must-have Qualities of Hotel Accounting Information It’s definitely worth choosing software that will give you the ability to integrate with a PMS so that you can manage everything…

As with an income statement, the statement of cash flows reflects a company’s financial activity over a period of time. It shows where a company’s cash comes from and how it’s used to pay for operations and/or to invest in the future. Given the complexity of some financial statements, it may help to create a…

As with an income statement, the statement of cash flows reflects a company’s financial activity over a period of time. It shows where a company’s cash comes from and how it’s used to pay for operations and/or to invest in the future. Given the complexity of some financial statements, it may help to create a…

Here are three other online accounting service providers worth looking at. For teams like this, it’s all too easy to find yourself months or even years behind the current financials. There are reliable outsourcing firms that can help ease the burden of maintaining accuracy and compliance. In this article, we’ve compiled a list of 7…

Businesses typically need many different types of these assets to meet their objectives. In Liam’s case, the new silk-screening machine would be considered a long-term tangible asset as he plans to use it over many years to help him generate revenue for his business. Long-term tangible assets are listed as noncurrent assets on a company’s…

This is done for an employee who handles many roles, but they all pay a different hourly rate. You take the average of the hourly pay of each job to get the rate of pay. Also, you calculate overtime based on the weighted overtime pay rate. Track the Number of Overtime Hours It lays out…

One unique aspect of forensic accounting — different from what a typical accountant does — is that forensic accountants use legal skills to determine if financial activity is illegal and often present their findings in court. Forensic accounting is commonly used in fields such as criminal investigation, litigation support, internal auditing, and insurance evaluations. Any…

On the other hand, for each individual person, this neglect means that they have a good chance to actually make a positive difference if what is perfectly inelastic definition and meaning they dedicate themselves to this problem now. And while the field of AI safety is small, it does provide good resources on what you…

You can buy licenses if you need more users to access a QuickBooks Desktop company file at the same time. If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live bookkeeper’s work. Advanced Pricing / Control, customize, and automate pricing is included in the Platinum and Diamond subscriptions only. But…