January 17, 2022 by Dick RiceWhen compiling information and creating reports, managerial accounting doesn’t have to comply with any local, state, or federal standards. This is because the information is typically kept in-house and is not meant for public consumption.Once a... Read more
January 17, 2022 by Dick RiceAn ideal crypto accounting solution should also provide a way to send invoices to customers, record bills from vendors, and link payment transactions to the invoice or bill. You might think you'll be able to easily manage my crypto transactions in. Read more
January 14, 2022 by Dick RiceYour search results will contain a lot of standard information. What you are looking for specifically is the minimum rate you’re required to pay a particular worker. The Department of Labor also offers instructions for completing the certified ... Read more
January 14, 2022 by Dick RiceDirectly add employees to your application, or import them from your CRM system. Classify them further as submitters or approvers, map them to their corresponding managers, and add your company's expense policies. Get in the practice of reviewing you... Read more
January 14, 2022 by Dick RiceThere isn’t a specific formula for determining whether an asset itself is liquid, but there is a formula that you can use to find out the value of a company's liquid assets. Just add the value of all of a company’s. Read more
January 14, 2022 by Dick RiceThe cost of a building that is acquired but immediately removed to prepare the land for construction of a new building is treated as part of the cost of the land rather than as part of the cost of the new. Read more
January 13, 2022 by Dick RiceLet’s say you pay yourself $15/hour and work 40 hours/week ($2400/month). To calculate your construction overhead, add up the monthly fixed costs of running your business. Some find it easier to add up your annual costs, and then divide by 12. Read more
January 13, 2022 by Dick RiceThey might accept this reality, for instance, when the customer goes out of business or declares bankruptcy. Using the allowance for doubtful accounts enables you to create financial statements that offer a more accurate representation of your busine... Read more
January 13, 2022 by Dick RiceNothing could have been more sordid than this self-important man when he was in a bad temper and thought that he could safely show it. His soul was inundated with happiness, not that he loved Madame de Rênal, but an awful. Read more
January 13, 2022 by Dick RiceThe balance sheet is one of the three fundamental financial statements. The financial statements are key to both financial modeling and accounting.Cash and cash equivalents include currency, petty cash, bank accounts, and other highly liquid, short-t... Read more