Category: Bookkeeping

Content Tips for Handling Your Construction Accounting Processes Construction billing Generally accepted accounting principles (GAAP) Sage Accounting Second, Contractor’s Balance What are the Certified Payroll Requirements for Federal Construction Jobs? For example, those structured as pass-through entities, such as sole proprietorships or many LLCs, can reduce their personal income tax liability by deducting business losses.… Continue reading Accounting for Construction Companies Definitive Guide

Content Workplace Policies (we don’t have any at Slite) Compensation and development Exempt and nonexempt employees Employee Information Form See how Xtensio can help your business 21 Visitors in the workplace. As a team or with team leaders, you will want to write up your company’s “why” in a way that enrolls people in the… Continue reading Employee Handbook designs, themes, templates and downloadable graphic elements on Dribbble

Content How to Identify a Period Cost Balance Sheet Classification of Deferred Expenses Is Labor a Period Cost or Product Cost? How to Figure Corporate Overhead Cost Accounting So if you sell a widget for $20 that had $10 worth of raw materials, you would record the sale as a credit to sales and a… Continue reading What Is Period Cost? Definition and Examples

Content Online store Sage 50cloud Accounting “Amazing Accounting Software – Accessible Anywhere “ Quickbooks Online User Experience Small business owners: This is the best accounting app for all your bookkeeping needs Intuit QuickBooks Online I find the best thing is that I can just pull up the software on the web, or in the app… Continue reading QuickBooks Online Review, Pricing & Features

Content What Are The Key Internal Controls For Plant Assets Auditing? What Are Examples Of Current Assets? Company Equipment Depreciation Of Plant Assets Accounting For Plant Assets Learn The Basics Of Accounting For Free How Are Disposals Of Plant Assets Accounted For? Conversely, lower depreciation expense is recognized in later years when the asset’s contribution… Continue reading What Is A Plant Asset? Example And More

Content Statistics For Posting Chapter 2: The Accounting Cycle Financial Accounting What Are The Primary Components Of A Trial Balance Sheet? Rules For Posting What Are The Five Steps Of Posting In Accounting? Types Of Statements In Accounting The company provided service to the client; therefore, the company may recognize the revenue as earned , which… Continue reading Entering Data Into The Accounting System

Content Adjusting entries General Ledger Accounting Comparing the Cash Method and the Accrual Method Basic Phases of Accounting General Accounting Features This means that every time a sale is made, an asset is purchased, a product is returned or debt is paid, the accounting cycle begins. All financial activities that involve the exchange of a… Continue reading What is a chart of accounts and how does it work?

Content Physical activity Make Sure Your Children Get Outdoors Examples of Limit activity in a sentence What is physical activity? Android – How to limit activity instances to one per list item? If your kids see you following your own rules and being active, then they’ll be more likely to follow your example. EnergizEd Our… Continue reading activities How to limit activity access for a specific object and profile

Content The Basis of All Financial Reporting Whats Included in an Income Statement? More Business Planning Topics Retained earnings equation Balancing the Balance Sheet Courses What Is the Accounting Equation and Why Does It Matter? The most valuable line of a multi-step income statement is operating income. Since the format distinctly expresses operating expenses, it’s… Continue reading Accounting Transactions That Affect Balance Sheets

Content Local Governments Required Applications: What Is a Qualified Charitable Organization? Local Government Federal Tax Deductions for Small Business Charitable Donations Is there a limit on the value of prizes? The contributions must be made to a qualified organization and not set aside for use by a specific person. Check a charity’s 5013 status with… Continue reading Qualified Organizations