November 21, 2022
Charles LutwidgeThe Double Declining Balance Depreciation Method
Definition and formula Business owners need to know what they own and what they are owed. In order to manage their assets, business owners must learn a hard truth: that what they own (and are owed) tends to depreciate over...
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November 10, 2022
Charles LutwidgeBookkeeper360 Review
Bookkeeper360 is a cloud-based accounting service provider that offers financial reporting assistance to small and medium businesses. When a user creates an account in the system, he is provided with a personal manager. It will help generate a service plan...
November 04, 2022
Charles LutwidgeWhat are Different Types of Liability Accounts?
Liabilities Definition Virtually every business deals with liabilities, or items that it owes or has borrowed. According to the exhaustive definition, liabilities represent probable future sacrifices of economic benefits arising from present obligations of a particular entity to transfer assets...
November 03, 2022
Charles LutwidgePractical tips for PayPal Accounting
If you own a small business and offer to buy goods or services over the Internet and deal with invoices, then you probably try to find the best payment method. One of the most common variants is PayPal. It has...
October 28, 2022
Charles LutwidgeBookkeeping Services for Truckers and Carriers
A business of any size that specializes in trucking must maintain accurate accounting records. It is the only way to guarantee compliance with all state requirements and receive a stable income. Bookkeeping for the truck operator can be daunting, but...
October 27, 2022
Charles LutwidgeStatement of Comprehensive Income
Running a successful business means keeping track of profit and cost. Of course, this is more easily said than done. Business owners rely on different types of reports to capture different aspects of their financial structure. One example is the...
October 17, 2022
Charles LutwidgeA Step-by-Step Guide to Restaurant Bookkeeping and Accounting
People often think of opening a restaurant with good culinary skills and a passion for hosting. It is necessary to properly organize accounting so that business brings profit in addition to pleasure. If the owner understands all the intricacies of...
October 13, 2022
Charles LutwidgeQuicken Bookkeeping Software Review
If people who run small businesses or work as freelancers want to keep their bookkeeping in order, then the dedicated accounting software will perfectly cope with this task. You may use Quicken to solve your financial problems; the program helps...