Category Archives: Bookkeeping

ContentFinancial accountingStructure and content of financial statements in generalThe advantages of the retail method of accountingDays Sales OutstandingReleasing to the profit and loss (P&L)Internal sources of finance examples This means that over twenty years churn among the top 10 firms has declined significantly. This high and increasing rank persistence is a sign that competition might…

Contents:How to Calculate Percent Complete in Project ManagementWhat Is a Notice of Completion?How to Use the Percentage of Completion The To Date parameter of the Generate Revenue process is a date that is on or after the last day of the current accounting period. Override percent complete after the update from project progress. ProjectManager is…

ContentCOVID19 Economic ReliefEmployee BenefitsBest Covid-19 Travel Insurance PlansMisconceptions About the CARES Act Employee Retention Credit (ERC)Which Organizations Are Considered a “Recovery Startup Business?” The refundable credit is available from March 13, 2020 through September 30, 2021, and can be utilized even if companies received PPP loans. The 2020 credit is computed at a rate of…

ContentHow Do Liabilities Relate to Assets and Equity?Type 4: Deferred tax liabilitiesLiability AccountsCurrent (Near-Term) LiabilitiesLiabilities vs. Expenses For the fact that they are unsecured, it is required for the businesses issuing them to be creditworthy, have a good reputation, and show a positive track record of positive cash flow. A carpenter picks up a new…