However, you typically don’t have to worry about keeping a copy of every receipt. In many cases, your bank account and credit card statements should provide sufficient supporting details for the average business expense. Contrary to popular belief, there are [...]

Consider enrolling in Financial Accounting or our other online finance and accounting courses, which can teach you the key financial topics you need to understand business performance and potential. Download our free course flowchart to determine which best aligns with [...]

Research nanny and babysitter options to examine competition from independent childcare workers as well. Compare their hourly rates, services provided, credentials, and liability coverage against your home daycare offerings. Market research is essential to employment in early childhood education. While [...]

The transaction will increase cash on balance sheet which can be cash on hand or cash at bank. The customer deposit is the current liability which represents the company obligation to produce the goods for customer. Company receives advance payment [...]

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FreshBooks will automate tasks for you, such as tracking project hours and sending payment reminders. Productive also offers a desktop app for Mac OS and Windows so that you can access this timer outside of the browser, which can save [...]

The Great Depression in 1929, https://www.bookstime.com/ a financial catastrophe that caused years of hardship for millions of Americans, was primarily attributed to faulty and manipulative reporting practices among businesses. In response, the federal government, along with professional accounting groups, set [...]