Category: Bookkeeping

  • Church Financial Management: Principles and Best Practices in Handling Church Finances

    Practicing these core ideas cements the church’s position as a symbol of goodness and righteousness, increasing its significance and effect. Managing employees’ wages, benefits and payroll taxes needs close attention and understanding of relevant laws. Outstanding tools and technology connecting faith-based organizations to the communities church accounting procedures they serve. Priests and ministers get paid […]

  • Ecommerce Accounting & Bookkeeping Guide To Best Practices 2024

    Accounting and bookkeeping are different concepts, but both equally as important for keeping track of your business. These tedious tasks might not be the most exciting things for small business owners to handle. This is why many ecommerce sellers outsource these tasks for others to do for them. This method gives a more accurate picture […]

  • Quickbooks Proadvisor

    Content How To Find A Quickbooks Proadvisor Click Here To Login Several Reasons Can Contribute To Quickbooks Online Login Error Have Multiple Businesses? Benefits Of Becoming A Quickbooks Proadvisor What Does Working With A Quickbooks Proadvisor Look Like? Several Factors Can Cause Quickbooks Online Login Errors, Problems, Or Issues Take The Quickbooks Certification Exam As […]

  • How to Create a Better Chart of Accounts Free Excel Template

    FreshBooks accounting software is an affordable and reliable option for online bookkeeping services that will help you stay on track and grow your business. A chart of accounts is a small business accounting tool that organizes the essential accounts that comprise your business’s financial statements. Your COA is a useful document that lets you present […]

  • 10 Benefits When You Stop Drinking Alcohol

    Content How Do You Care For Yourself When A Loved One Has A Substance Use Disorder? Do Lipitor And Alcohol Mix? How Long Does It Take For Brain Functioning To Return To Normal After Drinking? Your Brain Power Will Be Boosted You’ll Reduce Your Risk Of Stroke And Nerve Damage Why Comparing Yourself To Others […]

  • Best Bookkeeping Classes Salt Lake City, UT: Find Courses & Onsite Training

    Completion of the Professional Bookkeeper™ program is your first step to accelerate your Accounting and Bookkeeping career where you’ll learn what you need to know to take on a few clients on the side if you so desire. After completing the training, Universal Accounting students feel confident and fully prepared to take the Professional Bookkeeper™ […]

  • Construction Accounting 101: Principles and Best Practices

    Procore is committed to advancing the construction industry by improving the lives of people working in construction, driving technology innovation, and building a global community of groundbreakers. Our connected global construction platform unites all stakeholders on a project with unlimited access to support and a business model designed for the construction industry. Importantly, the income […]

  • How to Perform a Cash Reconciliation: A Step-By-Step Guide for Accountants

    If you don’t have too many expenses, company cards and a petty cash box are probably fine. Thus, petty cash reconciliation is the process of assessing petty cash payments and making sure that company records are up to date. When account reconciliations are incorporated into the month-end closing process, this can delay the completion of […]

  • Why Is Reconciliation Important in Accounting?

    For simplicity, our examples and discussion assume that the company has only one checking account with one general ledger account entitled Cash. Once all reconciling items have been identified, you can get comfort that cash and revenue balances are reported accurately. The accountant of company ABC reviews the balance sheet and finds that the bookkeeper […]

  • Depreciation Expense: Understanding Its Impact on Business Financials

    This excess basis is the additional cash paid for the new automobile in the trade-in. If your business use of the car had been less than 100% during any year, your depreciation deduction would have been less than the maximum amount allowable for that year. However, in figuring your unrecovered basis in the car, you […]