by wpmu | Aug 17, 2021 | Bookkeeping
ContentConsequences of the ElectionWhen did mark-to-market accounting begin?BusinessTradeLog was designed to provide IRS-ready mark-to-market reporting for traders.Is mark-to-market accounting still used?CONS: Mark to Market accounting is not without some downside. To...
by wpmu | Oct 8, 2020 | Bookkeeping
ContentUse case 2: project managementWhat is a typical official full-time schedule?What is FTE?When do you use FTE? Considering the average FTE or full-time working week is 40 hours, this means you have 3 full-time staff. Identifying full-time staff is not as easy as...
by wpmu | Jun 29, 2020 | Bookkeeping
ContentPetty Cash vs. Cash on Handv2 Principles of Accounting — Financial AccountingWhat Is Petty Cash Management?Reconciliation The term “cash on hand” refers to all the liquid assets a business has. It includes petty cash, but it is not just that. Cash...
by wpmu | Mar 24, 2020 | Bookkeeping
ContentBookkeeping vs. Accounting: What’s the Difference Between Bookkeepers and Accountants?The Role of CFOMaintain journal entries and the general ledgerDifference Between Bookkeeper and Accountant Is the art of logging and tracking all financial transactions that a...
by wpmu | Mar 18, 2020 | Bookkeeping
ContentFinancial Statements Defined: An Expert GuideWayfair Tax Policy RevisitedSome firms focus on a specific accounting specialization. Should I consider a niche accounting service?What Is Invoice Factoring? How Does it Work?Cash Flow Defined: Types, Formula and...
by wpmu | Jan 13, 2020 | Bookkeeping
ContentPresentation of Accounts PayableWhat type of account are accounts payable?How to optimize the accounts payable processAccounts Payable vs. Accounts ReceivableAccounts Payable ProcedureAccounts payable FAQ In the first instance, the company will send the...
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