Bookkeeping

Once candidates are hired as employees, they will be provided with training assignments and other resources that prepare them for their positions. Intuit provides its employees with supplemental [...]

However, no deduction is allowed if a principal purpose of the organization is to entertain, or provide entertainment facilities for, members or their guests. In addition, the partnership may not [...]

However, keep in mind that the entry-level Early plan only supports 20 invoices and five bills per month, so if you regularly exceed that, then you’ll need to upgrade. All of the QuickBooks plans [...]

Historical forecasting uses historical sales data to predict total sales during time frames that can vary from next month to next year. One of several quantitative methods of predicting sales [...]

In Year 1, Parent Co. owns no stake in Sub Co., and at the end of Year 2, it acquires a 30% stake in Sub Co., when Sub Co.’s Market Cap is $100 million. You subtract this “Equity Investments” [...]

However, the company already had 1,000 units of older inventory that was purchased at $8 each for an $8,000 valuation. In other words, the beginning inventory was 4,000 units for the period. The [...]

Spending time in various accounting roles—be it in a small firm, a large corporation, or independent practice—provides the valuable practical experience needed to understand the intricacies of [...]

Even if you are using an online system for bookkeeping, delegating an employee with keeping track of it on a daily basis is very important. The company’s Essential plan starts out at $299 [...]