Category Archives: Bookkeeping

Outsourced Accounting: A Comprehensive Guide for Accountants

He firmly believes that cutting-edge technology should be used to solve complex, real-world problems. He...

Movie Accounting How Hollywood Accounting Can Make a Box Office Hit Unprofitable

This reversal was partially because co-studio MGM shut down production without Jackson. My kids and...

Income Statement Analysis: How to Read an Income Statement

Cost of goods and services in an income statement denote the expenses incurred to sell...

What Is Bookkeeping? Everything You Need To Know

It only works if your company is relatively small with a low volume of transactions....

Accounting Equation Overview, Formula, and Examples

My Accounting Course  is a world-class educational resource developed by experts to simplify accounting, finance,...

Straight Line Depreciation Method What Is It, Formula

The adjusted basis of the property at the time of the disposition is the result...

Bank Reconciliation Accounting Software

There will be very few bank-only transactions to be aware of, the difference between direct...

The Ultimate Guide to Construction Accounting for Contractors

This method of revenue recognition allows you to recognize your gains and losses related to...

How to Calculate Direct Labor Efficiency Variance

With either of these formulas, the actual rate per hour refers to the actual rate...

What Is an Outstanding Check? Outstanding Checks 101

If they do this in a timely manner, the check clears, and the payment gets...