Category : Bookkeeping

This sum is set at the end of the fiscal year as part of the current year’s business plans. The corporation creates an account called...

Assets are what a company uses to operate its business, while its liabilities and equity are two sources that support these assets. The most liquid...

The scope creep section of the engagement letter outlines the limitations on the services that will be provided. This section should also include any additional...

Those who left Xero reviews left a lot of positive feedback and excellent ratings on third-party user review websites. Most cited that they switched to...

Whether you’re thinking about converting to QuickBooks Online or switching from QuickBooks Desktop to QuickBooks Online, your first step should be to take a long...

A well-organized chart of accounts helps you categorize expenses, income, and assets, making your financial journey smooth and hassle-free. It’s like having a personal assistant...

However, these costs are still paid every period, and so are booked as period costs. Period costs are like the backstage crew ensuring the business...

By effectively managing sales assets, organizations can drive revenue growth, improve sales productivity, and enhance customer engagement. In this article, we will explore the basics...

Additional paid-in capital is the amount of money shareholders pay above the par value of a stock. Contributed capital generally refers to cash, but in...

This cost estimate template shows gross profit and margin of profit to help determine the total estimated expense for a new home construction project. The...