Bookkeeping – Wishelist

Category Archives: Bookkeeping

SG&A Expense Selling, General & Administrative Guide, Examples

Examples of direct selling expenses include transaction costs and commissions paid on a sale. SG&A includes all non-production expenses incurred by a company in any given period. It includes expenses such as rent, advertising, marketing, accounting, litigation, travel, meals, management salaries, bonuses, and more. On occasion, it may also include depreciation expense, depending on […]

6 3 Liquidity Ratios Principles of Finance

In the computation of this ratio only the absolute liquid assets are compared with the liquid liabilities. Liquidity ratios provide an insight into the company’s ability to generate cash quickly to cover its short-term debt obligations. They are used to evaluate the effectiveness of a company’s working capital management and its overall financial xero accounting […]

Publication 534 11 2016, Depreciating Property Placed in Service Before 1987 Internal Revenue Service

If section 1245 property is sold at a loss, it converts to section 1231 property for tax purposes. If section 1245 property is sold at a gain, it remains section 1245 property. To the extent of depreciation or amortization, depreciable property the gain is taxed at ordinary income rates. Conceptually, a lower tax rate on […]

Best 6 Free Accounting Software for Small Businesses 2024

Zoho made its name with its CRM systems (check out our Zoho CRM review to learn more) but it has offered accounting software since 2011. Zoho Books’ free plan is the best overall choice for free accounting software, though things improve further if you pay out for a premium tier. With the current cost […]

Shares vs Stocks: Understanding the Difference

This can dilute current shareholders’ investments, and investors need to be aware of the potential dilution when considering a stock purchase. Common stock represents a residual ownership stake in a company, the right to claim any other corporate assets after all other financial obligations have been met. A company maintains a balance sheet composed […]

What was Trump convicted of? See the 34 falsified business records

It provides an overall view of the financial health of an organization, and includes components such as transactions, taxes, budgets and projections. From initial setup and training to ongoing QuickBooks support, we’ll make sure you’re using this accounting software to the fullest and maintaining accurate records throughout the year. We’re sensitive to the fact that […]

The 49ers have been docked a 2025 fifth-round draft pick for an accounting error

Credits may be granted to students who are able to sufficiently demonstrate the learning outcomes of specific courses. Let us handle your accounting needs for heightened efficiency and revenue growth. Say goodbye to paperwork headaches and hello to business growth. Depending upon the size and scope of a business, this is going to vary […]