Category Bookkeeping

A line for which the slope in negative is said to move from left to right in a graph. The slope of a line is found by the ration of difference in y-coordinates to the difference in x-coordinates. If this value…

However, when cash basis of accounting is used, the cost is subsequently charged to the expense account when the invoice has been paid and duly settled. Figuring out overhead costs can be tricky, but it’s important to get it right…

Debit your Cash account $4,000, and debit your Accumulated Depreciation account $8,000. This is posted to the Cash T-account on the credit side beneath the January 18 transaction. This is placed on the debit side of the Salaries Expense T-account.…

Accumulated depreciation totals depreciation expense since the asset has been in use. The simplest way to calculate this expense is to use the straight-line method. The formula for this is (cost of asset minus salvage value) divided by useful life.…

Get the financial statements you need monthly to run your business effectively. These documents include a monthly statement, a balance sheet, a cash flow statement, customized reports, and more. Reach out to the professionals at Susan S. Lewis, LTD to…

You can upgrade the offer to include HR services, inventory, custom reporting, and audit preparation. The firm will also provide valuable tips to help you do your bookkeeping. Kruze Consulting is among the bookkeeping services in San Francisco. You will…

With a Kydex holster vacuum-formed to your gun, stability is the name of the game here. Designed with a focus on comfort, it’s got perforated neoprene – that’s right, the stuff wetsuits are made of – for breathability. It’s a…

Common methods include batch tracking, demand forecasting, and bulk shipments. Accounting helps you gauge where your small business stands financially, what it can afford at any given time, and where its money is coming from and going. In addition to…

Accrual basis accounting can give you a more accurate picture of your business’s financial health because it takes your business’s unpaid expenses and your customers’ unpaid invoices into account. That means it does a better job than cash basis accounting…