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Bookkeeping

CISCO REPORTS FIRST QUARTER EARNINGS Cisco

Hence, companies that do not use the depreciation expense in their accounts will incur front-loaded expenses and highly variable financial results. Over the useful life of the fixed asset, the cost is moved from the b...
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QuickBooks® Online Pricing & Free Trial Official Site

This service uses your existing QuickBooks Online accounting information to determine your eligibility for a loan. If you choose this funding option, there are no origination fees and no prepayment fees, but you will ...
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Bank Reconciliation Statement: Definition, Purpose and How It Works

What appears on the bank reconciliation statement itself is, in a nutshell, a summary of your business and banking activity. It also is tangible proof that all cash deposits have been deposited and correct amounts hav...
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EOQ Formula and Guide to Economic Ordering Quantity

If the scatter graph reveals a linear cost behavior, then managers can proceed with a more sophisticated analyses to separate mixed costs into their fixed and variable components. However, if this linear relationship ...
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Comparing Deferred Expenses vs Prepaid Expenses: What’s the Difference?

The key difference lies in the perspective and the transaction’s nature. Deferred payment is from the buyer’s viewpoint—it’s about delaying the payment for goods or services. On the other hand, deferred revenue is fro...
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Xero vs QuickBooks for Accounting Features, Fees, Support

Having an independent software expert perform the bookkeeping is good for overall ease of use. Lastly, our expert opinion score is our subjective rating based on our experience in trying the software. They’ll help you...
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What Can Be Considered as Accounting Experience?

Bookkeepers need a solid understanding of accounting principles and basic financial concepts. Financial literacy is the basis for accurate bookkeeping and financial analysis. Bookkeepers keep financial records up to d...
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Help! I Got IRS Notice CP-2000

And you’d also be subject to self-employment tax at a rate of 15.3% on this income assuming that you haven’t maxed out your Social Security income limit through other income you earned. If you still have access to you...
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Transposition Error Excellent Overview, Examples, & Indicator

«Transposition error» may be confused with «transcription error», but they do not mean the same thing. As the name suggests, transposition errors occur when characters have “transposed”—that is, they have switched pla...
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FreshBooks vs Xero The Best Low-Cost Accounting Program for 2023

When picking between the three accounting solutions, it really comes down to the needs of your individual business. If you’d like to see a simpler breakdown of our top providers, check our handy form today. Basi...
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Categorías: Bookkeeping