Going Concern

APRIL 12, 2024

ICYMI: These are the most-read articles on Going Concern this week: Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch Survey Says: Which Group of Auditors Are Most Satisfied With Their Salaries? While the average mean salary for accountants in the U.S. Tesla Korea was subjected to 25.1

CPA 103

CPA auditor Tax audit 103

Snyder

DECEMBER 30, 2022

It’s very important to consider the tips (separate from automatic gratuities , which fall under a different IRS category) in the accounting process. They also have to pay taxes on them. A typical bookkeeping cycle would consist of: Account reconciliation ; Payroll; Accounts payable. Accounts payable.

bookkeeping 52

bookkeeping quickbooks accounts payable accounting software 52

Snyder

OCTOBER 12, 2022

It might seem true at first glance, as accounting applications and software help to perform routine tasks and decrease the load that bookkeepers have in their jobs. Thus, less work for bookkeepers and accountants means that employers are going to hire fewer professionals.

bookkeeping 98

bookkeeping accounting clerk E-commerce auditor 98

Snyder

JANUARY 3, 2023

What is accounting? Accounting for a small business usually means summarizing and analyzing financial transactions, producing accounting reports, and timely providing data for tax purposes and tax returns. In other words, you need to choose the accounting method that’ll fit your business needs.

accounting basics 52

accounting basics basic accounting bookkeeping Account 52

Accounting Seed

MARCH 29, 2023

GL Account / General Ledger Account Textbook Definition A data record used to classify, sort, and summarize a company’s accounting transactions. Each foreign entity is typically required to keep their main accounting in the country’s local currency.

general ledger 59

general ledger Non-Profits accounts payable Manufacturing 59