Category: Bookkeeping

Content Type 5: Avoid using a C corporation Tax shield What is a tax shield? Depreciation Depreciation Tax Shield Calculator The tax shield refers to the amount of tax that has been saved by claiming depreciation as an expense. It’s calculated by multiplying the depreciation expense by the tax rate. As you review tax shields,...

Content Enjoy easy setup and management Boost productivity with powerful accounting. Best Accounting Software for Small Businesses Sage 50cloud user reviews Setting Up Sage 50cloud Accounting You’re our first priority.Every time. The colour palette includes an emphasis on brilliant green, black and white, in keeping with the Sage identity that focuses on simplicity and insight....

Content What Exactly Is Bookkeeping? – The Jobs, Skills, Salary & Career Paths of Bookkeepers Bookkeep and Zoho Books Partner to Offer Revenue Automation to Its Growing Community of Accountants and Small Businesses What Are the Benefits of Hiring a Bookkeeper? – The Jobs, Skills, Salary & Career Paths of Bookkeepers Financial Auditor Accounting turns...

Content How are accounts affected by debit and credit? Debits and Credits 101: Definitions & Example What are Debits and Credits? What are Credits and Debits? Should I use debit or credit? Revenue Accounts When you take money out (credit), the balance of your debt will go up. Botkeeper provides you with high-quality bookkeeping using...

Content Example Question #1 : Encumbrance Accounting To view funds available: Recommended Reading To use General Ledger encumbrance accounting: Example Question #24 : State And Local Governments Encumbrance Accounting Journal Entries What is Encumbrance Accounting? What Is an Encumbrance? Many readers tell us they would have paid consultants for the advice in these articles. This...

Content What is business accounting? 21 tips for business owners See how employees at top companies are mastering in-demand skills Better tax preparation Liabilities and Equity in Accounting What Do You Do in a Bookkeeping Job? Accounting Records How much does bookkeeping cost? When will I have access to the lectures and assignments? Merritt is...

Content What is cash flow? Net cash flow example Financing activities The benefits of a cash flow forecast The next thing is dividends The first is the direct method which shows the actual cash flows from operating activities – for example, the receipts from customers and the payments to suppliers and employees. The second is...

In Thailand, the second country after China to be affected by COVID-19, lockdown enforcement and physical distancing has had an unprecedented and severe impact on all aspects of how SMEs work, produce, trade, and communicate. Cloud accounting software includes advanced systems like a single ledger design and a multidimensional charts, that give you real-time visibility...

Content How Do You Define Household Income? Annual Income Calculator Finish Your Free Account Setup What Does Annual Income Include? Start your 3-day free trial today! Is there a minimum annual income to qualify for a credit card? Average Household Income vs. Median Household Income Also, your debt-to-income ratio will be higher if you have...

Content What Are Some HOA Accounting Best Practices? How does an association audit work? Can a homeowner sue their HOA? What If a Homeowner Goes Bankrupt? Modified Accrual Basis of Accounting For instance, even though there are three accounting methods, California law directs that HOAs should use the Accrual Basis when preparing their pro forma...