In this article, we’ve tried to comprehend the concept of LIFO Reserve, and how it is useful for investors and…
With great customer support and integrations with 3rd party software, Foundation is a leading choice for construction-specific accounting software. Premier…
A dividend is a portion of a company's profits that is paid to its shareholders, usually quarterly. All other dividends…
GAAP is a set of accounting rules and procedures that domestic, publicly traded U.S. companies must use in their financial…
Xero offers discounts for nonprofits and owners of multiple companies. Xero has been known for offering discounts in the past,…
Secondly, ensure it integrates seamlessly with other construction tools like project management software. Compare pricing plans and customer support options…
This purchase transaction triggers another journal entry, this time only on your balance sheet. In this example, a total of…
From quarterly estimated payments to the critical April 15th deadlines and beyond, we ensure you never miss a beat. This…
Shareholder Equity is equal to a business’s unearned revenue total assets minus its total liabilities. It can be found on…
A closing entry is a journal entry made at the end of an accounting period. It involves shifting data from…