inDinero Accounting

JUNE 29, 2023

Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). Understanding the principles of GAAP accrual accounting can be challenging and daunting; however, with the right guidance, it can be achieved. What are Generally Accepted Accounting Principles (GAAP)?

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Basis 365

JULY 21, 2023

Accounting standards, such as ASC 606 (IFRS 15), provide guidance on revenue recognition for these types of businesses. WIP (Work-in-Progress) Accounting: Service-based businesses may have ongoing projects that are not yet completed at the end of the accounting period. A system is almost always needed to track your WIP.

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ThomsonReuters

APRIL 18, 2023

The ability to prioritize and monitor tasks, track any regulatory changes, leverage customizable templates for schedules and tax work papers, and set up rules and permissions for each user within the firm. The lease accounting standard became effective in 2019 for public companies. Batch-style data entry.

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