Category: Bookkeeping

The book value of owner’s equity might be one of the factors that go into calculating the market value of a business. But don’t look to owner’s equity to give you a complete picture of your company’s market value. All financial statements are closely linked and supplemental disclosures are meant to ensure there is no … Read more

Content Is there any QuickBooks training available? QuickBooks simple start review What is unique about the QuickBooks self-employed version? QuickBooks Online Plus Plan This does not mean they will do your taxes for you, but it does mean that your books will be ready to hand off to an accountant or tax preparer with little … Read more

Content What Is SG&A in Accounting? Overview: What is selling, general & administrative expenses (SG&A)? Definition of SG&A FRINGE BENEFITS Peggy James is a CPA with over 9 years of experience in accounting and finance, including corporate, nonprofit, and personal finance environments. She most recently worked at Duke University and is the owner of Peggy … Read more

Content Marking to Market (Financial Derivatives) Examining Enron’s Annual Report Right Before Bankruptcy Mark to Market in Personal Accounting What Is Mark to Market (MTM)? Use in Financial Services Mark-to-market adjustments: end of day settlements Examples of Mark to Market In trading and investing, certain securities such as futures and mutual funds are also marked … Read more

Content QuickBooks File Too Large : A Complete Guide 2022 Frustrated with your legacy Sage 50 Peachtree accounting software? Advantages of utilizing QuickBooks Conversion tool What is the QuickBooks conversion tool? QABuffs offer premium bookkeeping services to SMB’s globally. Our team of certified software experts aims to help businesses increase their financial health. We use … Read more

Content Complete QuickBooks Training 2018 2019 & 2020 13 hours of content Top Online Programs Bookkeeping & Accounting Courses What To Expect From a Bookkeeping Certificate Career Paths > Online bookkeeping classes teach individuals the basic accounting principles needed to keep track of a business’s financial transactions. Some bookkeeping classes will also teach the learner … Read more

Content 4 Ethical Issues Facing the Accounting Industry Product Costs on the Balance Sheet Differences between Managerial and Financial Accounting Manufacturing Must Control Costs Inventory Turnover Analysis Enterprise Resource Planning System This is done by looking at a product, customer or supplier and using the accounting to measure the contribution done per unit of the … Read more

Content Total Overhead Contribution & Accounting Terms Traditional Inventory System Direct vs. Indirect — Different tools for different priorities Understanding Raw Materials What are indirect materials? Definition and examples To keep track of indirect materials and their cost, it can help to follow a formula. For example, you can divide the total number of indirect … Read more

Content Business as Usual or Liquidation Can you give simple examples of a going concern principle? Going concern concept How a going concern qualification affects a business However, there are instances whereby the business may fall victim to being unable to meet its financial obligations. It can easily be detected from the business’s financial statements … Read more

Content What are the invoicing standards for my industry? As needed, change the Terms for when payment is due. How to Use Recurring Invoices What Is a Recurring Invoice? Creating Recurring Invoices In this section, you can access and manage all of your past invoices. For freelancers and SMEs in the UK & Ireland, Debitoor adheres … Read more