Fixed costs are the opposite of variable costs, which fluctuate depending on how many goods your business produces or how many services you provide. You should factor this into your calculations to ensure that your business remains financially stable in the long run. Maintaining a...

However, software like QuickBooks has made it much easier for business owners to keep track of their entries, making reconciliation much more painless. Since QuickBooks automatically matches credits and debits between your books and the bank, reconciliation is just an opportunity to triple-check your work....

Liabilities are debts and obligations of the business they represent as creditor’s claim on business assets. Liabilities in financial accounting need not be legally enforceable; but can be based on equitable obligations or constructive obligations. An equitable obligation is a duty based on ethical or...

Virtual accounting service providers can work with clients in different time zones and offer round-the-clock services. When you work with AccountingDepartment.com, your full-charge bookkeeper is a full-time employee of AccountingDepartment, working with a stable of clients every day. Our virtual accountants manage your books on...

However, if you have a hard time accessing and using those features properly, it doesn’t really matter if they’re available or not. You can also choose a specific time frame that you wish to run a report for if you desire. Both summary and detailed...

However, if you have a hard time accessing and using those features properly, it doesn’t really matter if they’re available or not. You can also choose a specific time frame that you wish to run a report for if you desire. Both summary and detailed...

I remember carefully rotating my suits, careful not to wear the same combination to the office more than once per week. Only one (1) QBOA user may enroll the QBOA firm in the Revenue Share Program. Grow your firm and reap all the rewards QuickBooks...

I remember carefully rotating my suits, careful not to wear the same combination to the office more than once per week. Only one (1) QBOA user may enroll the QBOA firm in the Revenue Share Program. Grow your firm and reap all the rewards QuickBooks...

Content Sundry Creditors & Sundry Debtors Example & Treatment in the Balance Sheet What do you mean by sundry debtors and sundry creditors in Tally.ERP 9? How do I fill these entries? SUNDRY DEBTORS What Is a Debtor, and How Is It Different Than a...

Content Best for Freelancers Best accounting software: how did we choose? Invoicing and payments Accountant ConnectSM Certification is here. Subscribe new Freshbooks clients to a Mailchimp list Some free accounting solutions make that process more convoluted and frustrating than others — bear that in mind when...