Bookkeeping - Digital Signature

Category: Bookkeeping

19th September, 2023

What is Trade Discount? Journal Entry, Examples, Calculator

The more goods purchased, the bigger the percentage of the price break; therefore, larger orders result in greater financial savings for those making wholesale purchases. This discount serves as a strategy to incentivize the buyer to make a purchase, particularly in large quantities, thereby fostering a symbiotic relationship between the...

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13th June, 2023

Bank Reconciliation: How It Works and Why Its Important?

In most business settings, the task of conducting bank reconciliations typically falls on the shoulders of the accounting department. These financial sleuths accept the essential responsibility of matching transactions recorded in the company’s general ledger with the bank statements. Creating journal entries is a fundamental final step in the bank...

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28th March, 2023

What is dropshipping? Topics about business forms, contracts and templates

With that said, you have to follow the rules and guidelines from eBay. For example, make sure you deliver the item in the timeframe stated in the listing and make sure the buyer’s satisfied with the purchase. Even though it’s a dropshipping type of exchange, you’re the named seller on...

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15th November, 2022

Bonds Issued at Par with Accrued Interest

Recording journal entries for bond issuances is essential in ensuring that your financial records are accurate and up-to-date. Bonds issue at par value mean that the issuer sell bonds to investors at par value. Accountants have devised a more precise approach to account for bond issues called the effective-interest method....

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19th August, 2022

How to Start Your Own Bookkeeping Business: Essential Tips

We also looked for some common elements, such as value for the cost, ease of use, breadth of features and functionality and customer support. Here is a closer look at how we evaluated the inclusions for this best-of 2023 list. Tax payments, financial reporting, and recordkeeping are handled differently by...

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6th May, 2022

10 Essential Tips to Help You Get More Bookkeeping Clients

Although this isn't a path to vast riches, you're providing a valuable service to small business owners. Doing this poorly can cause some real harm to their business. Make sure you're upfront about your experience (and lack thereof) when using these steps. I know it means the pay won't be...

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17th November, 2021

Prepaid Expense Amortization: Streamlining Your Close Process

BlackLine solutions address the traditional manual processes that are performed by accountants outside the ERP, often in spreadsheets. Whether you're new to F&A or an experienced professional, sometimes you need a refresher on common finance and accounting terms and their definitions. BlackLine's glossary provides descriptions for industry words and phrases,...

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