In this case, it assumes that every business has different activities that cover a given period, normally in months or years, thereby ensuring proper and timely reporting. This assumption is based on the existence of a business that such transactions of the business must be separated from any one of its owners or 5 accounting […]

So along with the maturity value, the credit history of a borrower and other factors are also important, and an investor should take care of that also. A salaried person uses to calculate the fixed deposit they make with the banks in which they have their salaried accounts. The formula can be used to calculate […]

CoConstruct is a construction and property management platform designed to help home builders, remodelers, and contractors streamline project finances, bidding, and client communication. It combines budget tracking, invoicing, and proposal management in one place. It’s an excellent choice for builders who frequently bid on projects, manage multiple subcontractors, and need clear bookkeeping and payroll services […]

When recording a revaluation, the particular adjustments in accounting examples account that records the asset or liability that is being revalued is debited and the revaluation reserve account is credited with the same amount. The adjusting entries examples below act as a quick reference, and set out the most commonly encountered situations when dealing with […]

As your startup grows, there comes a point when keeping accounting in-house may not be efficient – online bookkeeping or even viable. We handle the full claim process—from identifying expenses to applying the credit. The amazing responsiveness and delivery of thorough guidance and time-sensitive financials demonstrate an impressive care and commitment regarding our business. Everyone […]

Reviewing your financial statements each month can help you identify areas where you may be overspending or can cut costs. It can also help you make informed decisions about investments or other financial decisions for your marketing agency. The sixth step in setting up accounting for your marketing agency is to create your financial statements […]