Category Archives: Bookkeeping

How To Record Accrued Interest

Content Recording Interest For Accounts Payable Using A 360 Taxation Of Accrued Interest How To Calculate Capitalized Interest On Assets Financial Analyst Training Accrued Interest Accounting Stay Up To Date On The Latest Accounting Tips And Training Accrued interest refers to the amount of unpaid interest that has accumulated on an account even though is […]

Double Entry Bookkeeping System

Content The Accounting Equation And How Debits And Credits Affect Accounts For Every Transaction: The Value Of Debits Must = The Value Of Credits Double Entry Accounting Examples Of Double Entry Accounting Double Entry Bookkeeping This entry increases the inventory asset account with a debit and establishes a liability for the amount owed on credit […]

Horizontal Analysis Of Balance Sheets And Financial Statements

Content Horizontal Vs Vertical Analysis: Comparison Table Horizontal Analysis In Reporting Standards Difference Between Park Hopper And Park Hopper Plus The purpose of vertical analysis is to evaluate the trend of a specific item with an everyday item within the current year. The terms horizontal and vertical analysis are parts of financial analysis, which is […]

Answers To Your Questions On Employee Payroll Tax Deferrals

Content What Is A Payroll Tax Deferral? The New Stimulus Payments Arent Protected From Debt Collectors Payroll Tax Deferral For Employees When that didn’t happen, he issued an executive order aimed to give household relief from the coronavirus pandemic’s financial strain. President Trump initially wanted a legitimate payroll tax cut included in a stimulus […]

Which Ledger Accounts Will Normally Have Debit Balances?

Content Accountingtools Trial Balance Hw Debits And Credits Revenues And Gains Are Usually Credited Which Of The Following Accounts Normally Have A Debit A ledger account that has a debit balance will have a greater debit total compared to that of the credit total. “Temporary accounts” (or “nominal accounts”) include all of the revenue accounts, […]

Payroll By Wave Reviews, Pricing, Key Info, And Faqs

Content Wave Accounting Review Please Complete The Security Check To Access Www Wave Payroll Review: How Does It Compare To Other Major Brands Additional Wave Accounting Features Looking For The Best Merchant Services? Try These 8 Small Business Credit Card Payment Processing Companies In 2021 When compared to QuickBooks Online or Xero, Wave’s report […]

Accounting And The Importance Of Adjusting Entries

Content Accrued Expenses Making Adjustments Accurately Is Essential For Your Records What Is The Purpose Of Basic Accounting Adjusting Entries? What Is The Difference Between Journal And Ledger? What Is The Difference Between Adjusting Entries And Correcting Entries? Adjusting journal entries can also refer to financial reporting that corrects a mistake made previously in the […]

Best Free Payroll Software For Small Business 2021

Content Hr My: Best For Multinational Businesses Employee Types What Can A Payroll Software Do? Which includes paper checks, direct deposits, prepaid debit cards. We looked at a variety of factors to determine our recommendations. There are various factors to consider when choosing a payroll service provider, but it all comes down to whether it […]