What Is Bookkeeping? Everything You Need To Know

Content See How Easy It Is to Do Your Books With Your Very Own Checklist Bookkeeping & Accounting Services What can I expect from your bookkeeping services? Bookkeeping Basics for Small Business Owners Can you help get my books up to date? Bookkeeping (Accounting) Services Agreement Use the last three blank lines to present the […]

What type of account is prepaid rent?

Content Return of security deposit and last month’s rent Does Prepaid Rent Go On Cash Flow Statement? Conditions for Retention of Security Deposit or Rent Prepayment Prepaid Insurance Assurance of Rent Payments An example of accounting for variable/contingent rent Rent & Payment Instructions Since they have not yet incurred the rent expense, the company should […]

Board Minutes of Meeting of Directors Template in Word doc – Preliminary Expenses Approval

Learn the deferred payment definition and deferred payment meaning. This lesson will provide an overview of deferred payment including what it is, important terminology related to deferred payment, and some examples of deferred payment. Preliminary Expenses are those expenses that are incurred before starting up an establishment for business or extending a running business or […]

InDinero Vs QuickBooks Desktop Pro Side by Comparison A Must Read Pros and Cons Uncovered

Content NetSuite vs. Quickbooks: Accounting Software Comparison How do you send documents to an accounting firm? InDinero and QuickBooks Desktop Pro accounting Features Compared Lockstep® Announces World’s First Shared Inbox Designed for Accounting Money Classic QuickBooks Desktop Pro Price Table The costs of accounting software for independent contractors vary. There are free and paid versions, […]

The Law Firm Book Keepers

Content You Can’t Do It Alone: It’s Time to Hire Professional Bookkeeping, Accounting, and Tax Help KPIs to Track and Successfully Manage Your Law Firm Our Services Open the three main accounts Best law firm accounting software Making Data Entry Mistakes Many small firms find that outsourcing their bookkeeping functions is a great first step […]

Tax Tips for Massage Therapists Massage Therapy Journal

There’s a little bit of a learning curve, but just like with anything. And she has written prolifically, I think her book is called Everything Happens And Other Lies I’ve Been Told. And she’s got a really great podcast and she had a guest in October. I’m kind of going through some back episodes. Have […]

The Mathematical Lies of Bank Balance Sheets

Content Central banks in a shifting world: Selected takeaways from the ECB’s online Sintra Forum Connect With a Financial Advisor What is the purpose of a company’s balance sheet? Sustainability and Responsible Banking Borrowing for Balance Sheet Cash The government safety net, in the form of deposit insurance and the central bank lender of last […]

Investment Portfolio Strategy in a Recession

Amid high inflation and low savings account yields, it’s become less attractive to hold cash. However, retirees still need a cash buffer to avoid what’s known as the «sequence of returns» risk. He suggests checking your mix of growth stocks, which are Bonds vs. During a Recession: Bonds Most Expensive generally expected to provide above-average returns, and value […]

How to Set Up Direct Deposit with Your Employer

Content Voided Check Alternatives to a Voided Check Write “void” in large letters across the front of the check Not the answer you’re looking for? Browse other questions tagged check or ask your own question. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. Or […]

Drawing Account Schedule, Example, Impact and Journal Entry

If the shares of all shareholders are being repurchased in equal proportions, then there is no effect on relative ownership positions. The accounting entry typically would be a debit to the drawing account and a credit to the cash account—or whatever asset is withdrawn. For example, this means that equipment withdrawn from the business for […]