Categoría: Bookkeeping

All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Double Entry Bookkeeping is here to provide you with free online information to help you learn and understand bookkeeping and introductory accounting. She has professional experience in business-to-business sales, technical support, and management. Each week, Zack’s e-newsletter…

Learn about the eight core bookkeeping jobs, from data entry to reporting and tax prep. You should consult your own professional advisors for advice directly relating to your business or before taking action in relation to any of the content provided. If you’re doing a reconciliation every month, your starting balance will be the final…

It helps you know the true, up-to-date value of your business. It can also help with account audits and tax preparation by catching errors early. During a reconciliation, you compare an account in the accounting system, such as QuickBooks, to its real-life counterpart to make sure everything matches. A reconciliation confirms the accuracy of the…

Land is a special type of asset that is treated differently from other types of fixed assets, such as buildings or equipment, in accounting. This is because land is considered a non-depreciable asset, which means that it does not lose value over time due to use or wear and tear. As a result, land does…

The Form Creator guides you through to just fill out a Form W-4 without additional calculations. Use the PAYucator and enter your paycheck information and your W-4 will be created based on that. That means as a Texas business owner—assuming all of your staff carry out the majority of their job within state lines—all you…

В отличие от дробления консолидация выполняется редко. Если компания демонстрирует устойчивые показатели роста, ее активы неминуемо поднимаются в цене. Это хорошая ситуация, позволяющая извлекать серьезную прибыль. Такой рост может обернуться потенциальными проблемами, поскольку содержит в себе «подводные камни». Когда акции дорожают, у людей снижается способность их приобрести. При этом рост компании с каждым годом увеличивается,…

Managing these five accounting tasks is a breeze when you use the right tool. By learning how to do these tasks yourself, you’ll have nailed the fundamentals of managing your finances. While you probably recognize this, it’s easy to get caught up in the day-to-day operations and forget about it. It’s easy to see every…

We’ve discussed sales tax as an issue for many ecommerce businesses. It’s impossible to overstate how crucial it is to collect and pay this tax for ecommerce companies. This money is not revenue but a sum a company owes to the government. Inventory count and management are the lifeblood of all ecommerce companies. Accurate inventory…

For example, the child tax credit deducts up to $2,000 per dependent age sixteen or younger. In addition, paying for childcare can net you $3,000 for one dependent twelve or younger What is the best startup accounting software? and $6,000 for two or more dependents. Rohan Arora is a member of WSO Editorial Board which…

A debit to one account can be balanced by more than one credit to other accounts, and vice versa. For all transactions, the total debits must be equal to the total credits and therefore balance. The Equity section of the balance sheet typically shows the value of any outstanding shares that have been issued by…