Adjusting entries explanation, purpose, types, examples
Similarly, for unearned revenue,when the company receives an advance payment from the customer forservices yet provided, the cash received will trigger a journalentry. When the company provides the printing services for thecustomer, the customer will not send the company a
Accounts Payable Outsourcing: Pros, Cons, & Best Practices
Communication – Every reputable outsourced AP vendor will have some sort of live customer support, but how they communicate with you will be on their terms. There’s unlikely to be a lot of deep insights that may help your business
Outsourced Tax Preparation Services by SurePrep
SurePrep works with over 33,000 tax professionals and in our experience, this problem is almost non-existent. Most firms send the 7216 consent form along with the engagement letter and receive signatures without issue. In the rare case that a client
7 Best Construction Cost Control Software for Small Contractors
You deserve an out-of-the-box accounting solution tailor-made for your company’s unique needs - not one that limits your growth potential. Along with general access, in construction we are not all sitting in front of a computer at all times and
6 Reasons You Need More Than Accounting Software For A Construction Business
Each method has specific criteria for recognizing revenue based on project progress or completion. Revenue recognition is vital in construction accounting as it determines when and how revenue is recorded. Accurate revenue recognition affects The Importance of Construction Bookkeeping For