Bookkeeping

Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master’s in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses. He […]

This process works similarly for when companies acquire products or services from suppliers. A supplier can issue a credit credit memo note to a client for a range of factors. A common motivation is for a client to restore an ordered product to a seller. You’ll be amazed how much time and money you can […]

The only time you are (or should be) connected with an actual tax expert is when you request and schedule a final review at the end. If you simply call or chat during preparation, you’re talking to a product expert. This is important to know because the agents are trained only on the product and […]

The store’s sales how much does wave payroll cost? 2021 is the $1,000 standard or expected sales revenue minus $750 actual revenue received, for a difference of $250. Based on the equation above, a positive price variance means the actual costs have increased over the standard price, and a negative price variance means the actual costs […]

As per requirement, the entity requires disclosing all necessary information in the financial statements that matter to the users of financial statements. Those include major accounting policies, significant accounting treatment, the major change in the business, and a major change in the key management team. These things could help the users of financial statements, especially […]

Last, the accrual method of accounting blurs cash flow and cash usage as it includes non-cash transactions that have not yet impacted bank accounts. Before you receive the invoice, you may not have the exact expense amount. So your accrued liabilities account represents estimated unpaid expenses, but the expenses in your accounts payable are exact […]