The needs of freelancers, contractors, and sole proprietors vary as widely as the types of businesses they represent. Others need the ability to send invoices and receive and record payments. [...]
Bank issues a credit memo to increase a depositor’s account for a certain transaction. Accounting documents form the backbone of a business’s financial health. This blog will explore this [...]
The accounting cycle is a multi-step process designed to convert all of your company’s raw financial information into financial statements. Through the accounting cycle (sometimes called the [...]
For example, with QuickBooks Online Plus and Advanced, you can track inventory and do job costing — that is, you can figure out how much you spent to complete a certain project. Using the Banking [...]
A cash flow statement is a report that records all of the incoming and outgoing cash during a specified amount of time. That way you can easily see where your money is going and where it is [...]
The actual hours worked are the actual number of hours worked to create one unit of product. If there is no difference between the standard rate and the actual rate, the outcome will be zero, and [...]
The actual hours worked are the actual number of hours worked to create one unit of product. If there is no difference between the standard rate and the actual rate, the outcome will be zero, and [...]
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The smart payment methods we saw in the previous paragraph can actually assign the expense account based on the supplier. For example, every payment that goes to Salesforce should probably come [...]