Category: Bookkeeping

Zoho

We sometimes make money from our advertising partners when a reader clicks on a link, fills out a form or application, or purchases a product or service. We only partner with companies we believe offer the best products and services for small business owners. And, because we value transparency, we’ve chosen to provide a list…

Accounting Cycle

Without them, you wouldn’t be able to do things like plan expenses, secure loans, or sell your business. An accounting error is an error in an accounting entry that was not intentional, and when spotted is immediately fixed. ScaleFactor is on a mission to remove the barriers to financial clarity that every business owner faces.…

How Are Retained Earnings Recorded?

Shareholder Equity Vs. Net Tangible Assets: What’s The Difference? If you actively work for a C corp (even if you’re the majority owner), your only option for payment is taking a salary as a W-2 employee. Since an S corp is structured as a corporation, there is no owner’s draw, only shareholder distributions. But a…

The Value Of Book-keeping

The Value Of Book-keeping For you can find many organizations to choose from. Because it is really hard to obtain an organization that isn’t attempting to earn a make money from your 24, this is true. For businesses that require bookkeeping, you’ll find various companies. Since it’s hard to discover an company which is not…

Debit Definition

It’s the real accounts that show the assets, liabilities and owner’s equity in a company. I bet you’d like to have a few examples of real accounts, wouldn’t you? Cash, accounts receivable, accounts payable, notes payable and owner’s equity are all real accounts that are found on the balance sheet. What is credit account? Journal…

Book keeping Degree Programs Online

Book keeping Degree Programs Online Related Terms The world of knowledge is infinite, which means that there is no end to learning, unlearning and relearning new skills that are in sync with the changing times. The same is in the case of accounting, where managerial accountants need to have varied basic accounting skills and need…