by Victor Alejandro | Mar 26, 2021 | Bookkeeping
Here are the trends we anticipate making an impact on the world of payroll. This table is designed to give you an idea of the relative pricing of the top payroll companies available. To further evaluate your payroll needs, answer these ten questions about your...
by Victor Alejandro | Feb 1, 2021 | Bookkeeping
ContentHistory of GAAPRevenue Recognition: What It Means in Accounting and the 5 StepsExample of the expense recognition principleMore Examples of Accrual AccountingWhat is the Matching Principle?The Revenues Principle This concept ignores any change in the purchasing...
by Victor Alejandro | Dic 11, 2020 | Bookkeeping
ContentWhat is retail accounting?Data Not CollectedDesign The Store LayoutIt only provides an estimateCost-Flow Assumptions In Retail Accounting Essentially, the weighted average unit finds a middle ground between FIFO and LIFO. New developments and opportunities in...
by Victor Alejandro | Nov 6, 2020 | Bookkeeping
ContentDifferentiating Income From RevenueRecording deposits to IOLTA accounts as incomeAccounting for Lawyers: 4 Basics You Need To KnowKeep comprehensive law firm recordsBookkeeping solutionsWhat Are the Different Types of Software for Lawyers? If they have to dig...
by Victor Alejandro | Oct 20, 2020 | Bookkeeping
Inventory can be categorized in three different ways, including raw materials, work-in-progress, and finished goods. As with purchase value, if the sales value of an inventory item falls below its historical cost, the lower figure is reported along with a loss to...
by Victor Alejandro | Oct 14, 2020 | Bookkeeping
ContentEnding InventoryOriginal CostFranchise TaxSelling, General, and Administrative (SG&A) Expenses Alternatively, in the rare case that a company has a foreign subsidiary, say in Brazil, that does not transfer funds back to the parent company, the functional...
