Bookkeeping

Other Current and Noncurrent Assets, Including Notes Receivable Financial Accounting

Content Notes Receivable Do You Debit or Credit Accrued Interest? What are trade receivables? Is accounts receivable an asset or liability? Chaser Components of a Note Receivable Balance Sheet Reporting and Disclosures: Assets-Accounts Receivable Many companies categorize liquid investments into the Marketable Securities account, but some can be accounted for in the Other Short-Term Investments …

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10 Best Accounting Software for Real Estate Businesses 2025

From properties and contracts to finances and client information, it can be easy to feel overwhelmed. One question you may be wondering is whether you need a personal account for your business. However, there are a few important things to keep in mind when making this decision. Recognizing and adhering to IFRS ensures that real …

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FOB Accounting

Companies should establish systems to track and document all shipping processes. Technology like GPS tracking, RFID tags, and automated inventory systems allows real-time monitoring of goods. Access to real-time data enables businesses to identify and address issues quickly, minimizing financial reporting impacts. Regular audits and reconciliations of inventory records against physical counts help detect and …

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Bookkeeping for Attorneys Best Practices for Law Firms

Law firms must adhere to the rules and regulations governing their area in order to remain compliant. It is essential for business owners to familiarize themselves with the compliance regulations specific to their jurisdiction before starting a law firm. By focusing on these KPIs, bookkeepers can provide valuable insights to law firms, helping them optimize …

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