Category: Bookkeeping

Content Additional Accounting Equation Issues Terms Similar to Accounting Equation Single-entry accounting Example balance sheet Long-term liabilities are usually owed to lending institutions and include notes payable and possibly unearned revenue. This increases the cash account (Asset) by $120,000, and increases the capital stock (Equity) account. This reduces the cash (Asset) account by $29,000 and […]

Content The problem with Quickbooks QuickBooks Add-Ons Hire a Quickbooks Accountant Quickbooks training by KBM is for your better accounting career Is QuickBooks the right accounting software for your business? Step 3 – Importing your data to Quickbooks This is the first thing you’ll see when you log into your QuickBooks account online, and it’s […]

Contents: Subscribe to our Career Compass newsletter Careers Lean into risk: Break barriers to opportunity and growth Accounting Consultants: What Does The Term Really Mean? The firm was created in 1998 when Coopers & Lybrand merged with Price Waterhouse. These two firms were originally founded in 1854 and 1849 respectively by William Cooper and Samuel […]

Contents: Accounting Problems: Common Errors That Can Devastate You Are your FMEAs focused on the asset or plant level? Unit 11: Plant Assets and Intangible Assets Intangible assets Business Operations This is why they are recorded in the books of accounts as long-term assets, specifically in a company’s balance sheet. Once a piece of equipment […]

Content How Chapter 11 Works Business Appraisal A Primer on Private Sector Balance Sheets Resources for YourGrowing Business Bookkeeping can be done as frequently as daily or as infrequently as once per year. Amrita Jayakumar is a former special assignments writer for NerdWallet. She also wrote a syndicated column about millennials and money, and covered […]

Content How To Set Up Company Information in QuickBooks Online Customizing Your Company File Switch as a Customer× Set Up New Company in QuickBooks POS Sage 50 Cannot Open the Database Because Some Database Files are Read Only Speak to a Specialist about Your QuickBooks Software If you select “Products only” or “Both services and […]

Contents: Recording Transactions Properly Popular Career Paths Articles Adjust Entries at the End of Each Accounting Period How to record entries in bookkeeping Understanding an Accounting Method Visit SBA.gov to find out more about how small businesses can stay legally compliant. Consider using one of the best bookkeeping services to make managing your books a […]

Contents: How do you invite your accountant? Intuit, pricing, and service options subject to change without notice. Add clients to QuickBooks Online Accountant This type of user signs into a special version of Quickbooks Online and has access to reports only. But, this user doesn’t have access to Payroll reports. This user does not count […]

Content Get Support Best Practices for Employee Advances How Do You Account for Advance to Employees? (Definition, Example, Journal Entries) Create a free account Example of the Accounting for an Employee Advance Record the Expense to Reduce The Employee Cash Advance Account Balance If the total expense amount more than the advance amount, Register Payment […]

Content You’ll have access to all these qualifications within your AAT course subscription Why study? What skills should a bookkeeper have? Book-keeping : Bookkeeper Training Who should attend this Bookkeeping Course? It is a free online course, taught through the institution’s OpenLearn platform. As a free program, it offers a risk-free entry into the fundamentals […]