Category Archives: Bookkeeping

Contents: CPA Firms – What Does a CPA do When Working for an Accounting Firm? What Is Revenue? A Quick Refresher Evolve and grow working at CareerBuilder Government accounting Depending on the nature of your accounting cycle, how you collect … Continue reading →

Contents: Mike’s Inventory Management Blog Implementing the SLOB Inventory KPI in your company Accounting for Consignment Inventory for Vendors How bad is obsolete inventory? How to Determine the Effects of Inventory Errors and Calculate Inventory Turnover Since you cannot sell … Continue reading →

Content The Importance of the EBITDA Calculation in Business Valuation How Does the Times-Revenue Method Work? Why is a Company Valuation Important? Market Approach – Sales Based Asset Approach So, if the owner’s company has sales of $2,000,000, then the … Continue reading →

Content Choosing Between Cash- and Accrual-Basis Accounting Advantages – Disadvantages of the Cash Basis Approach Which analysis method provides the best way to determine your business’s financial health? Time and Attendance Cash Basis of Accounting Book – Journal Entries These include white … Continue reading →

Instead of relying on an accountant or bookkeeper to determine figures for you, software can do it at a fraction of the cost. Then, you can pass your books along to your accountant when you need someone to handle the … Continue reading →

Content Journal Entry for Loss on Disposal Purpose of Journal Entry for Depreciation Revaluation Accounting Entry Welcome to Accounting Education Depreciation expense is the cost of an asset that has been depreciated for a single period, and shows how much … Continue reading →

Content Small Business Client Support ADP Run vs Gusto ADP Customer Service ADP Customer Service for Company Administrators They have our money, didn’t sent it, cost us penalties! Aside from running payroll online or on a mobile application, ADP allows … Continue reading →

Content How to Use Double Entry Accounting Step 2: Use debits and credits for all transactions Double Entry Accounting Debits and Credits Why Is Double-Entry Bookkeeping Important? Add double entry bookkeeping to one of your lists below, or create a … Continue reading →

These items are measured periodically, hence need to be closed to have a “fresh slate” for the next accounting period. If you’re wondering whether to use cash or accrual accounting, cash accounting is suitable for freelancers, small businesses and sole … Continue reading →

Content Free Invoice Template vs. InvoiceOwl Invoicing Software Consulting business Free invoice templates Download Free Consulting Invoice Templates Payroll Calculate the total price with taxes, and add it to the final balance section. Invoicing on a regular basis and staying … Continue reading →