Anfisa is a talented accountant.
In this blog she talks about accounting services, payroll, investment consulting, tax training and much more.
AnfisaWDmitrieva@www.business-accounting.net
Phone: 303-647-3438
Accounts receivable are typically due within days and do not require any formal agreement or documentation between parties. Notes Receivables, however, involve an official document outlining the terms of repayment including interest rates and due dates. Accounting for the assigning or factoring of accounts receivable are topics that are typically covered in an intermediate accounting … Continue reading “What are notes receivable: Is Notes Receivable Credit Or Debit In Business?”
However, it is possible that some of the information is incomplete, incorrect, or inapplicable to particular circumstances or conditions. To do that, you’ll have to write the word ‘VOID’ in capital letters going across the front of the check. Make sure you use a black or blue pen with permanent ink, and if you have … Continue reading “Voided check: How to Void Check for Direct Deposit”
Therefore, it is crucial that you set times throughout the week to meet with your virtual accountant and provide them with the information they need. Did you know that the majority of small business owners spend more than 41 hours on tax preparation a year? If you are an entrepreneur or small business owner, you … Continue reading “Virtual accountant: How A Virtual Accountant Can Help Your Business”
Generally Accepted Accounting Principles (GAAP or US GAAP) are a collection of commonly-followed accounting rules and standards for financial reporting. Securities and Exchange Commission (SEC), include definitions of concepts and principles, as well as industry-specific rules. The purpose of GAAP is to ensure that financial reporting is transparent and consistent from one organization to another. … Continue reading “Us accounting: Generally Accepted Accounting Principles United States Wikipedia”
Personal Truck Service is a company focused on helping entrepreneurs in the trucking industry to succeed in their businesses. All the transportation companies need to file the fuel consumption Tax every quarter to keep operating without penalties. Save all the receipts of the expenses you have on the road and send them weekly. By the … Continue reading “Truckers bookkeeping service: 5 Best Trucking Bookkeeping Services”
Thus, we know and understand that how unique this industry is and provide Travel Agency Accounting solutions based on it. To maintain the up-to-date record of all credit sale, travel company prepare a sales journal. Stop the operator from modifying invoices, backdate billing, altering vouchers, changing the price of fixed price products, etc. Customers simply … Continue reading “Travel agency accounting: Accounting for Travel Agency & Travel Business”
Imagine how common transposition errors were before businesses maintained their books using software. In the analog days, people would record transactions in two separate books — the general journal and the general ledger. With more manual data entry, the likelihood of a transposition error goes up. In an earlier work on Urdu spell checking, Naseem … Continue reading “Transposition error: Transposition Error: Definition, Causes, and Consequences”
If so, management might delve into the purchasing process, to see if inventory can be acquired and stored in smaller volumes. It might also push management in the direction of outsourcing some production activities that are generating excessively high scrap levels in-house. Either approach has the added benefit of reducing inventory storage costs, which reduces … Continue reading “Total manufacturing cost: How To Calculate Total Manufacturing Cost? MRPeasy Blog”
Say you close your temporary accounts at the end of each fiscal year. You forget to close the temporary account at the end of 2021, so the balance of $50,000 carries over into 2022. Either way, you must make sure your temporary accounts track funds over the same period of time. For instance, when you … Continue reading “Temporary accounts: What Are Temporary Accounts?”
