Bookkeeping

Accounting Reconciliation: What It Is, How to Do It, and Best Practices

This helps preserve the integrity of financial statements and identifies errors or fraudulent activities. For example, while performing an account reconciliation for a cash account, it may be noted that the general ledger balance is $249,000. Still, the supporting documentation (i.e., a bank statement) says the bank account has a balance of $249,900. For example, …

Accounting Reconciliation: What It Is, How to Do It, and Best Practices Read More »

Market Price Per Share: Formula and How to Calculate

If a company reports either no earnings for a period, or reports a loss, then its EPS will be represented by a negative number. Cautious investors don’t always trust the calculations of analysts or the figures published by a company. Many investors prefer this valuation batch level activity method because it is more objective; based …

Market Price Per Share: Formula and How to Calculate Read More »

BOOKKEEPING English meaning

Someformal certifications include the National Association of Certified Public Bookkeepers (NACPB) and the American Institute of Professional Bookkeepers (AIPB). By logging and keeping track of all financial transactions, you will have easy access to any financial information you might need. To make it even easier, bookkeepers often group transactions into categories. Bookkeepers must keep thorough, …

BOOKKEEPING English meaning Read More »

Bookkeeping Course for Job Seekers

The cash flow statement, also called the statement of changes in financial position, documents a company’s cash inflows and outflows. The double-entry accounting system requires the accounting equation to stay in balance as transactions post. Balance sheet accounts calculate working capital and other important ratios. Your Intuit Academy Bookkeeping badge can be used to show any …

Bookkeeping Course for Job Seekers Read More »

Accounting Equation Assets, Liabilities, Owners Equity

Assets represent the valuable resources controlled by a company, while liabilities represent its obligations. Both liabilities and shareholders’ equity represent how the assets of a company are financed. If it’s financed through debt, it’ll show as a liability, but if it’s financed through issuing equity shares to investors, it’ll show in shareholders’ equity. This concept …

Accounting Equation Assets, Liabilities, Owners Equity Read More »

How to Use QuickBooks Online: Step-By-Step Guide

In this QuickBooks Online tutorial, we’ll cover some of the most common tasks you’ll be performing in QuickBooks Online, showing you just how easy it is to use. See articles customized for your product and join our large community of QuickBooks users. Stay informed on the top business tech stories with Tech.co’s weekly highlights reel. …

How to Use QuickBooks Online: Step-By-Step Guide Read More »

How To Do a Bank Reconciliation in 5 Easy Steps

In the check register below, you’ll see the same deposit recorded on June 14. Now, repeat this process for the $1,500 cash deposit and the $700 deposit made by Kristen Berman. We’ll take bookkeeping completely off your hands (and deal with the bank reconciliations too). Reconciling your bank statements won’t stop fraud, but it will …

How To Do a Bank Reconciliation in 5 Easy Steps Read More »

Building Success: The Essential Role of Accountancy in the Construction Industry

Developers must showcase their financial acumen and transparency to secure real estate financing. Utilizing real estate accounting best practices can effectively be the cornerstone of this trust. The components of job costing include direct materials, direct labor, and overhead costs. Accurately tracking these components allows for better budget management and project profitability analysis. Moreover, financial …

Building Success: The Essential Role of Accountancy in the Construction Industry Read More »

QuickBooks Online Pricing And Plans 2024 Guide

Still, QuickBooks Online offers an unbeatable range of features, packaged in a solid interface with good support. In addition to the features offered by the Gold and Platinum plans, QuickBooks Enterprise Diamond adds Assisted Payroll and QuickBooks Time Elite. A Salesforce CRM Connector is available for this plan for an additional monthly fee and setup …

QuickBooks Online Pricing And Plans 2024 Guide Read More »