Assets with no salvage value will have the same total depreciation as the cost of the asset. One way to calculate depreciation is to spread the cost of an asset evenly over its useful life; this is called straight line…
Category: Bookkeeping
Fair Market Value FMV: Definition and How to Calculate It
It’s essential to assess the fair market value of an item you buy or sell, as it can significantly impact your finances. Similarly, the term appraised value refers to an asset’s value in the opinion of a single appraiser, thus…
2016 Federal Personal Income Tax Tables
Businesses that are less than one year old must follow a monthly depositor schedule. If a due date falls on a holiday or weekend, you have until the following business day to send the payment. To learn more about FICA…
Compound Journal Entry Entries With More Than Two Accounts
For example, you withdraw money from your petty cash account to pay for office supplies and furniture. You would debit both your Office Supplies and Furniture accounts and credit your Petty Cash account. There are a number of times you…
Company Financial Statement Analysis & Interpretation of Financial Statements
Content Download a free copy of “Preparing Your AP Department For The Future”, to learn: How to Create a Horizontal Company Financial Statement Analysis Financial Accounting Key Metrics in Horizontal Analysis The Usefulness of Horizontal Analysis Disadvantages of Horizontal Analysis…
What Is Accrual Accounting?
This method is more accurate than cash basis accounting because it tracks the movement of capital through a company and helps it prepare its financial statements. This means that a company may have accrued expenses and revenue but not recorded…
Bookkeeping Clean Up & Catch Up Services
That said, we recommend working with an experienced professional for optimal results! Below we offer a bookkeeping cleanup checklist for startups and small business owners that aren’t sure where to begin. Reconciling your bank accounts is the first step in…
Who are the best bookkeeping firms in San Francisco?
Content – best niche for bookkeepers – Home Services Companies Why You Can Trust Forbes Advisor Small Business Companies That Hire for Remote Bookkeeping Jobs ebs Chartered Accountants MindSpace Outsourcing Services Pvt. Ltd. Appletree Business Services Based on what I…
What are Balance Sheet Formulas?
Content US small business What’s an Expense Report? [Why It Matters + Template] Terms Similar to Balance Sheet What is the Purpose of a Balance Sheet? What Is Shareholders’ Equity in the Accounting Equation? Some companies will class out their…
Bookkeeping for Landscaping Businesses Accounting software setup & consulting for landscapers Quickbooks for tree care business Chart of accounts help for landscaping company
Content #2 Accountant For Landscaping Companies – Wagner Accounting & Tax Service Accrual accounting reveals trends in cash flow statements and provides a data-backed vision of the future. Grow a More Profitable & Scalable Business Must Haves Accounting Software for Landscape…