They exist to support a mission and programs for the community, so their accounting is a little different. In addition, by analyzing the figures, you can discover ways to reduce expenses and increase cash flow. Because the financial statement is a reflection of financial decisions, if there are budgetary discrepancies, they can be identified and… Read More

✔ Alignment with Accounting Standards—Accounting policies should reflect the latest ICAI guidance, avoiding outdated practices. Align accounting policies with the new guidance Application of accounting standards compliance is now essential, including AS 18—Related Party Transactions and AS 29—Contingent Liabilities. I did not find any culturally insensitive or offensive content in this textbook. Each chapter is… Read More

Equipped with these key insights, you are fully prepared to Airbnb Accounting and Bookkeeping navigate the essential task of payroll processing. Some areas mandate that tipped employees be paid the full state minimum wage before tips. Secondly, you must address overtime hours – any time worked more than a standard workweek. You’re free to select… Read More

Learn Accounting Easily with our free blog that simplifies accounting, finance, and business concepts for students, accountants, and small business owners. So, remember, when we talk about a “bookkeeper’s job,” it’s much bigger than we might think. As we finish up here, let’s give a nod to these unsung heroes who work behind the scenes,… Read More

The full-service, dedicated and customized bookkeeping with 1-800Accountant makes it a great option. You’ll get access to features such as personalized financial planning, quarterly reviews, and proactive tax planning Interior Design Bookkeeping and advice. More specialized plans, such as the $399-per-month Enterprise plan, also come with a dedicated bookkeeper, personal and business tax preparation and… Read More