Category: Bookkeeping

  • Vertical Analysis Overview, Advantages, Examples

    Content What Are the Benefits of Horizontal Analysis? Share This Book Horizontal Analysis vs. Vertical Analysis What is a common-size financial statement? The Definitions of Total Asset Turnover and Profit Margin This helps us identify trends and see how a company is performing over time. In ABC Company’s case, we can clearly see that costs […]

  • Is an entry made for outstanding checks when preparing a bank reconciliation?

    You had a list of outstanding checks that hadn’t been cashed yet, and as the 180-day mark approached for each check, you’d simply void it. The company does not need to write a journal entry because the checks were recorded in the general ledger account when they were written. Until this occurs, the payer’s account […]

  • Fix a Balance Sheet Out of Balance Issue in QuickBooks Solved

    Contents: Why is a Balance Sheet in Cash/Accrual Basis Out of Balance? Methods To Fix QuickBooks error 15215 Server Not Responding [Solved] What to do when the QuickBooks Online balance doesn’t match the bank Another Transaction can be Any Discount that is Entered at the Customer Level and then Applied at the Job Level Open […]

  • How to Conduct Effective Budget Planning for Property Management

    Content What Should Your Month-End Close Checklist Include? We use cookies to ensure the best experience on our website. How Do I Work Out My Tax? Small business bookkeeping for beginners How to fill in a Self Assessment Tax Return online Why Month-End Close Process Matters Need Accountancy Support? Coronavirus pandemic affected businesses across the […]

  • Best Accounting Software For Amazon Sellers

    Content Keep up to date with Xero Why does bookkeeping matter for Amazon sellers? Better, But Still Lacking: FreshBooks Connect With Industry Leading Apps To Level Up Your Accounting Best Accounting Software for Amazon Sellers Entry-Level Accounting Software for Amazon Sellers View a summary of revenue and costs, so that you can track year to date profits. FreshBooks […]