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Author: Anfisa Dmitrieva

Anfisa is a talented accountant. In this blog she talks about accounting services, payroll, investment consulting, tax training and much more. AnfisaWDmitrieva@business-accounting.net Phone: 303-647-3438

Accountant job description

Avatar for Anfisa DmitrievaAuthor Anfisa Dmitrieva     Posted on Posted on: 05.05.2020 Modified on: 11.01.2022Categories Bookkeeping 101  Leave a comment on Accountant job description

In cash-basis accounting, cash earnings include checks, credit-card receipts, or any other form of revenue from customers. GAAP is a common set of accounting principles, standards, and procedures that public companies in the U.S. must follow when the…

Difference Between Share Capital and Share Premium

Avatar for Anfisa DmitrievaAuthor Anfisa Dmitrieva     Posted on Posted on: 05.05.2020 Modified on: 11.01.2022Categories Bookkeeping 101  Leave a comment on Difference Between Share Capital and Share Premium

The premium on common stock is the difference between the par value of a share of stock and the price at which a business sells the share to investors. Par value is the face value printed on a stock certificate; it is usually quite small, with $0.01 …

What is a Posting in Accounting?

Avatar for Anfisa DmitrievaAuthor Anfisa Dmitrieva     Posted on Posted on: 31.03.2020 Modified on: 11.01.2022Categories Business Accounting Blog  Leave a comment on What is a Posting in Accounting?

An account post is usually done through a strict procedure that follows the creation of a journal entry from details of a particular transaction. Note that this is considered as the third step in the accounting cycle….

What is Royalties in Accounting

Avatar for Anfisa DmitrievaAuthor Anfisa Dmitrieva     Posted on Posted on: 24.03.2020 Modified on: 11.01.2022Categories Business Accounting Blog  Leave a comment on What is Royalties in Accounting

In royalties, the owner is not selling full legal ownership of the asset, but simply the right to manufacture it. If the rights to ownership of a property are sold, that would be called capital expenditure. This is how the two differ. There are actua…

Accruals and Deferrals — What is the difference

Avatar for Anfisa DmitrievaAuthor Anfisa Dmitrieva     Posted on Posted on: 11.03.2020 Modified on: 11.01.2022Categories Business Accounting Blog  Leave a comment on Accruals and Deferrals — What is the difference

Accrual and deferral pertain to both expenses and revenue that are recorded based on the actual time period they were settled. Accruals are those payables or receivables that are also earned or incurred but not yet received or unpaid to set the demar…

What is QuickBooks

Avatar for Anfisa DmitrievaAuthor Anfisa Dmitrieva     Posted on Posted on: 06.03.2020 Modified on: 11.01.2022Categories Business Accounting Blog  Leave a comment on What is QuickBooks

There is a period of the trial while you can use QuickBooks online for free. It is a good chance to work with the program in a test mode. During this time, you can decide if this application corresponds to your needs and wishes. When this period ends…