Bookkeeping

9 Luglio 2024

Financial Statements: List of Types and How to Read Them

Though the accounts listed may vary due to the different nature of a nonprofit organization, the statement is still divided into operating, investing, and financing activities. […]
9 Luglio 2024

What Is Financial Accounting? Definition, Principles, Statements

One of the most distinctive features of financial accounting, especially when compared to managerial accounting, is compliance with accounting standards. Financial accounting prepares financial statements in […]
7 Settembre 2023

First In, First Out FIFO

Of course, it would be incredibly difficult, not to mention expensive, to track each individual item. Lot number control is the ability to track all the […]
17 Febbraio 2023

Accrued Vacation Journal Entries

The need for recording accrued vacations gave birth to a vacation accrual journal. This article outlines a step-by-step method of calculating and recording accrued vacation. Accrued […]
17 Febbraio 2023

How the Sale of Treasury Stocks Impact the Equity of Stockholders

Companies of all sizes repurchase outstanding shares of their stock for a variety of reasons. It can help boost share prices or save some shares as […]
24 Giugno 2022

Kashoo Review 2023: Pricing, Pros & Cons

By entering your transactions, you can get a better picture of how your business is doing. Adding income and expenses is incredibly easy; all you have […]
13 Aprile 2022

Fund Accounting: A Must for Nonprofits

How much you pay depends on several factors, one of which is your state of residence. That makes it essential to know the property taxes by […]
13 Aprile 2022

Full-Time Equivalent FTE & How to Calculate It

If you want to save time, why not use our free full time equivalent calculator template for excel to easily work out your company’s FTE. Information […]
11 Gennaio 2022

Bookkeeping Vs Accounting: Whats The Difference?

With an accurate record of all transactions, you can easily discover any discrepancies between financial statements and what’s been recorded. This will allow you to quickly […]
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