Bookkeeping
Take our 2-minute survey to find out if outsourced accounting and bookkeeping is a good fit for your organization. We’ll help clean up your books and implement state-of-the-art systems to save you time and bring your accounting department into the 21st century. An audit shows your organization is trustworthy, compliant, and well-managed. One or a […]
Just join our Live Help room, share your screen, and we’ll give you step-by-step instructions to fix YOUR books. Annual recertification allows you to keep your certified status and continue earning ProAdvisor rewards, while staying up to date with new QuickBooks features and workflows. Terms, conditions, pricing, special features, and service and support options subject […]
It means selling the oldest inventory first in a retail or eCommerce setting. FIFO is also used in accounting for the cost of goods sold by a business owner. Going back to our retailer for example, let’s assume the five shirts that were purchased in May costs $7 per shirt. At the start of the […]
An actuarial valuation is a type of appraisal of a pension fund’s assets versus its liabilities, using investment, economic, and demographic assumptions for the model to determine the funded status of a pension plan. In many ways, actuarial value is the equivalent of accounting value in the context of pension fund accounting. Asset valuations can be heavily influenced by […]
You need to stay on their radar so that when a PR opportunity arises, you have a better chance of getting their attention. However you define PR, it’s important to think of the reason behind your PR activities. With intention leading the way, you can start shaping your audience’s opinions for your desired outcomes. Best […]
From time to time, I will invite other voices to weigh in on important issues in EdTech. We hope to provide a well-rounded, multi-faceted look at the past, present, the future of EdTech in the US and internationally. In regression analysis, the difference between the observed value of the dependent variable and the predicted value […]
You can align an audit trail and fulfill regulatory compliances of the business with maintaining accurate reports and information. You must follow the listed top-notch practices to surpass the above challenges and upgrade your true-up entry process. Accounting principles and standards are complicated along with a tendency to change. We have a list prepared with […]
Now that we’ve laid down the steps, let’s dive into some real-world scenarios so you can see exactly how these principles apply. Learn the importance of finding the best automated data preparation tool, along with SolveXia’s advanced data preparation capabilities. My Accounting Course is a world-class educational resource developed by experts to simplify accounting, finance, […]
In financial analysis, accounting equations serve as powerful tools to interpret a company’s financial health and decision-making pathways. They help analysts dissect the economic effects of transactions, offering insights into liquidity, solvency, and profitability. The double-entry practice ensures that the accounting equation always remains balanced. The left-side value of the equation will always match the […]
The Kanban core principles help guide your team’s mentality when you approach the Kanban workflow. To implement a Kanban process, follow these six practices to help your team continuously improve and achieve incremental growth—the core tenets of the Kanban framework. Big changes can be disruptive to your team, and if you try to change everything […]