Avoiding the cash trap J P. Morgan Asset Management

The value of investments and income from them can go down as well as up and you may lose some or all of your initial investment. Include flexibility clauses that allow for renegotiation or modification of contractual terms if unforeseen circumstances arise. An equity investor who missed just the 10 best days since 2003 would… Continue reading Avoiding the cash trap J P. Morgan Asset Management

Published
Categorized as Bookkeeping

Sales Credit Journal Entry What Is It, Examples, How to Record?

The concept is essentially invisible in many accounting software packages. Record your cash sales in your sales journal as a credit and in your cash receipts journal as a debit. Keep in mind that your entries will vary if you offer store credit or if customers use a combination of payment methods (e.g., part cash… Continue reading Sales Credit Journal Entry What Is It, Examples, How to Record?

Oregon state budget and finances

Content Total Estimated 2022 Tax Burden The Biden administration sells oil and gas leases in the Gulf of Mexico High Capital Gains States These start with California at 13.30%, which is over 2% higher than the number two and three states (New Jersey and Washington D.C.), which tied at 10.75%. Whenever Congress creates new tax… Continue reading Oregon state budget and finances

Frequently Asked Questions about ProAdvisor training and certification

At the end of this article, you will explore some of the perks QuickBooks ProAdvisor Certification offers. For example, the BLS reports that bookkeeping, accounting, and auditing clerks earned a median wage of $47,040 in May 2023, with the top 10% making around $68,860. According to July 2024 Payscale data, these professionals earn an average… Continue reading Frequently Asked Questions about ProAdvisor training and certification

Published
Categorized as Bookkeeping

Intuit QuickBooks Live Review

Content Which is better, a CPA or QuickBooks Live bookkeeping? Intuit QuickBooks Self-Employed Accounting Additional Insights from QuickBooks Live Bookkeeping: Hiring a CPA vs QuickBooks Live Bookkeeping: Which is right for you? Working with Your Bookkeeper: QuickBooks Live Who provides the service To use the service, you have to open both the software QuickBooks and… Continue reading Intuit QuickBooks Live Review

Letter of credit Wikipedia

Content Beginning of Soviet–German secret talks Holocaust beginnings, Operation Tannenberg and other Nazi atrocities Legal principles Operational function Explore properties But the aforesaid knowledge of God which can be acquired through demonstration does not do this, since, even when we possess it, We still remain ignorant of many things. Therefore, such knowledge of God is… Continue reading Letter of credit Wikipedia

How to Implement Paperless Invoice Processing by Working with Your Suppliers

Content Step 5: Promote sustainable practices What is Paperless Invoice Processing? Can you send invoices electronically? Gains in Efficiency and Effectiveness Send the Invoices Online After the automation software has been implemented, its functionality may be modified to serve the company’s needs better. For example, utilize automated invoice coding and approval routing to maximize productivity.… Continue reading How to Implement Paperless Invoice Processing by Working with Your Suppliers

Published
Categorized as Bookkeeping

How To Do Payroll Accounting Yourself DIY Guide

Content How To Do Payroll Accounting FICA – Federal Insurance Contributions Act Step 12. Issue Paychecks When To Use Payroll Software Step 4. Summarize Wages Due Step 9. Create a Payroll Register It’s also essential to keep track of the taxes you withheld (the $100 in the above example) because you’re going to need those… Continue reading How To Do Payroll Accounting Yourself DIY Guide

Published
Categorized as Bookkeeping

Law Firm Accounting and Bookkeeping: Tips and Best Practices JurisPage Legal Marketing

Content Accounting & Bookkeeping Services For Lawyers Common Bookkeeping Errors Not asking professional for help With a Strategic Accounting Partner Common Bookkeeping Mistakes for Law Firms In many law firms, one employee handles all the bookkeeping and other back-office functions, leaving the company vulnerable during instances of illness, sick leave, or vacation. Make sure your… Continue reading Law Firm Accounting and Bookkeeping: Tips and Best Practices JurisPage Legal Marketing