Banks and credit card processors are human and they can make mistakes so you cannot expect their statements to be 100% correct all the time. Things go wrong occasionally, but you shouldn’t worry [...]
When actual costs come in higher or lower than the standard, we call these differences ‘cost variances‘. Standard costs are estimates of the actual costs in a company’s production process, [...]
Morgan Chase, and it has over $2.6 trillion in assets and operations worldwide. It also provides an ATM network of 15,000 ATMs plus more than 4,700 branches. Anyone who runs a business with fewer [...]
For hourly employees, gross pay equals the number of hours worked multiplied by their hourly wage. For satellite-based services like DirecTV, the rate is even higher at 11.44%. So if you are a [...]
The free online financial modeling course is designed for beginners and assumes that you are unfamiliar with Excel. This Excel course, which comes from one of the most famous financial analysis [...]
Yes, as QuickBooks Desktop syncs with QuickBooks Online Payments, which allows you to process payments online through credit card or automated clearing house (ACH) bank transfer. Learn more about [...]
Share premiums are recorded as part of shareholders’ equity in financial statements, reflecting the additional capital raised by the company. When a shareholder pays an amount greater than the [...]
To indicate that dual posting is necessary, a diagonal line is drawn in the P.R. Return of merchandise sold for cash is entered in the cash payments journal or cash book. XYZ later returns the [...]
Under the Authorized Shares Method, the franchise tax is calculated based on how many shares a company is authorized to issue, as stated in its certificate of incorporation. It’s important to [...]
Manager Self Service is where the WEI will perform job actions including, promotions, transfers, and other changes to employee data. These actions are known as work events and can be managed [...]