Archives de catégorie : Bookkeeping

For depreciation and amortization, companies must determine the useful life of the asset and select an appropriate method, such as straight-line or units-of-production, to allocate costs systematically over time. Reserves are classified into proved, probable, and possible categories, each with … Continuer la lecture →

McKinsey estimates that over 60% of finance activities can be automated with current technology. While the adoption across companies have increased over the past years, the implementation bit usually differs based on the size and scale of the organization. Join us for … Continuer la lecture →

Content How To Fill Out A Receipt Book: Step-by-step Guide What Is Included on a Payment Receipt? Genel Energry Receipt of First Payment Transitioning from Paper to Digital What are the differences between an invoice vs. a receipt? Mobile App … Continuer la lecture →

If it makes sense for your business, don’t forget to adjust for seasonality. For more information and expert assistance with your financial projections, contact Graphite Financial today. At Graphite, we specialize in helping startups with financial projection services that are … Continuer la lecture →

Importantly, received gratuity is non-taxable up to a defined limit by the Income Tax Act, ensuring a reward for long-term service with financial security. It’s essential to stay updated with the latest amendments and notifications by the government regarding payroll … Continuer la lecture →

Setting up categories in QuickBooks Online involves customizing the chart of accounts to accurately represent the financial categories relevant to the business. Accurate categorization simplifies tax preparations and helps in the preparation of financial reports for stakeholders and investors. Categories … Continuer la lecture →

Setting up categories in QuickBooks Online involves customizing the chart of accounts to accurately represent the financial categories relevant to the business. Accurate categorization simplifies tax preparations and helps in the preparation of financial reports for stakeholders and investors. Categories … Continuer la lecture →

Use this walkthrough guide to learn how to complete each of these steps. Access your clients’ QuickBooks Online through QuickBooks Online Accountant to get seamless collaboration and essential work tools at your fingertips. Connect payroll, tax solutions, and 3rd-party apps … Continuer la lecture →

When setting your bookkeeping services prices, consider creating different tiers for the size of the client. If you’re looking for free bookkeeping software, look no further than Wave Accounting. Wave is ideal for sole proprietors, freelancers, and consultants, as well … Continuer la lecture →

The following transactions were performed by the company during the month of June 2018. In the general ledger, two separate accounts are maintained for discount allowed and discount received. The total of discount column on the debit side of the … Continuer la lecture →