ContentPractice management & growthFinancial managementKeep strict recordsStandard legal accounting and bookkeeping mistakesDo lawyers need accounting?How to hire the right CPA In these instances, a partner or shareholder may be liable [...]
After posting the above entries, all the nominal accounts would zero-out, hence the term "closing entries". Here are a few key differences between the adjusted trial balance and closing-trial balance. [...]
Contents:effective business communication.docxAdvantages of cash basis accountingAdvantages for tax planning and IRS standWhat Are The Different Types Of Accounting Methods? Under the cash basis, the buyer recognizes the purchase in [...]
ContentDefinition:Example of Traceable Fixed Costs and Common Fixed CostsTraceable costs definitionHow do you figure out how much overall overhead you’ll have?Traceable Fixed CostFood processing Finally, ensure you are well-organized and [...]
Contents:Difference Between CFO and ControllerComparing the Role of CFO and Finance ControllerSetting up the Finance Function for your SaaS BusinessThe controller mindset: accuracy, compliance, tacticsController vs. Comptroller vs. CFO: Key [...]
Humans or a monkey can also make this characteristic soft, throaty call. Often, a baby’s chatter can also be described as cooing. What does the word coo mean, and what [...]
ContentEstimate amounts needed to perform specific service tasksThe Benefits of Unearned RevenueIs unearned revenue a contra account?Business Case StudiesIs deferred revenue a debit or credit in accounting?Journal entry for cash [...]
Contents:Trade Discounts Depend on VolumeCash Flow StatementYour form has been submittedEnjoy 13% Off iPhone $5 Monthly Plan There will be no entry for the amount of discount granted by the [...]
To calculate year-end budget totals, contrast income (e.g., sales, contributions, fundraising, etc.) with expenses (e.g., office equipment, transportation, utilities, etc.). Nonprofit organizations face an ever-evolving landscape, where goals, priorities, and [...]
It is important for B2B sales managers to set clear and measurable goals for their sales team, use data to track performance and to provide ongoing training in order to [...]