Bookkeeping
If you want to use your software anywhere you have an internet connection, you’ll likely want to focus on QuickBooks Online or pay more to add remote access through hosting to QuickBooks Enterprise. Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more. While human error will always play…
GAAP was established to ensure financial reporting is transparent and consistent. Responsibility for enforcement and shaping of GAAP falls to the FASB and the SEC. While GASB, the accounting board regulating accounting standards for state and local governments, isn’t officially a part of US GAAP, it is related. In 1999, the American Institute of Certified…
Content a. Rent Revenue, Fees Earned, Miscellaneous Expense Temporary accounts What are Some Examples of Current Assets? Why You Can Trust Finance Strategists Additional Resources The order in which these accounts appear might differ because each business can account for the included assets differently. The income summary is a temporary account of the company where…
In modern financial accounting usage, the term fixed assets can be ambiguous. Specific non-current assets (Property, plant and equipment, Investment property, Goodwill, Intangible assets other than goodwill, etc.) should be referred to by name. The tangible fixed assets may be listed under the property, plant, and equipment (PP&E) section of a company’s balance sheet. Yet,…
Owning a home is a keystone of wealth… both financial affluence and emotional security.