Category Archives: Bookkeeping

pro forma Wiktionary

Content Origin of pro forma What’s the Difference Between Pro Forma and GAAP Financials? Documents in Pro Forma Financial Statements What Does Pro Forma Mean? When should you send a proforma invoice? Automate your TAX declarations and financial accounting for your e-commerce business with Taxdoo Free trial for 30 days According to the SEC, for […]

Understanding Average Collection Period Formula

Content Introduction to Business Financial Close What is average collection period? What is the Average Collection Period? How to calculate average collection period Average Collection Period Conclusion Average collection period is important as it shows how effective your accounts receivable management practices are. This is especially true for businesses who are reliant on receivables in […]

Mental Health Billing for Dummies 2023 Guide

Content It’s time to protect your bottom line. What is Mental Health Billing Services? We handle your insurance billing Chapter 5:  Refiling Claims, Appeals, Rejections Stays Attune to Mental Health Billing Changes Types of Covered Mental Health Services So once again, I would like to thank everybody for spending part of their evening with us. So […]

Retained Earnings: What They Are and How to Calculate Them

Content A guide to basic accounting for manufacturing businesses Are Retained Earnings a Liability or Asset? How Do You Calculate Retained Earnings? Why You Can Trust Finance Strategists What is retained earnings? A growing business might decide to utilize retained earnings to finance growth while reducing debt simultaneously. Additionally, retained earnings is often used to […]

Understanding Income Statements

Content Choose Your Reporting Period SIC-8 — First-time Application of IASs as the Primary Basis of Accounting What is income statement? The Adjusted Trial Balance What is an Income Statement Used For? If you roast and sell coffee like Coffee Roaster Enterprises, this might include the cost of raw coffee beans, wages, and packaging. Here’s […]

Professional Bookkeeping Services Houston Bookkeeper Houston TX

Content Bookkeeper/Administrative Assistant David & Pat’s Bookkeeping Services Bookkeeping Houston We’re here for any kind of accounting help you need! Rock Star Bookkeepers Accounts Receivable Management Services If you need saving your income and finances, then bookkeeping services are incredibly important. It’s much easier than you initially realise to spend more than you believe you […]

What is Food Preservation and how to do it Properly?

Moisture loss or gain, moisture migration between different components, and physical separation of components or ingredients are the examples of physical spoilage [9, 15,16,17,18,19,20,21,22,23,24]. The key factors affecting physical spoilage are moisture content, temperature, glass transient temperature, crystal growth, and crystallization. Food spoilage is a natural process; through this process, food gradually loses its color, […]

Entering disposal information

Content Journal Entry for Gain on Disposal How do you record fixed asset disposal in QuickBooks Online? Exchanging/Trading in a Fixed Asset How to make the sale of assets journal entry NetSuite’s Fixed-Asset Accounting System for Improved Asset Visibility Depreciation of fixed assets The company receives a $6,000 trade‐in allowance on the old truck and […]

Retained earnings: A current asset CA. B. non-current asset NCA. C. current liability CL. D. non-current liability NCL E. shareholders’ equity SE F. revenue R G. expense E

Content Dividends and Retained Earnings Most popular questions for Business-studies Textbooks How to calculate the effect of a stock dividend on retained earnings Improve Accounting and Financial Management With Software Distribution of dividends to shareholders can be in the form of cash or stock. Cash dividends represent a cash outflow and are recorded as reductions […]

The Technology Lab Podcast Review of Intuit Payroll Jan 2022

Terms, conditions, pricing, special features, and service and support options subject to change without notice. Money movement services are brought to you by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services, subject to eligibility criteria, credit and application approval. QuickBooks Online Payroll works for small to […]