News: Bookkeeping

In the percentage-of-receivables method, the company may use either an overall rate or a different rate for each age category of receivables. Let’s say your business brought in $60,000 worth of sales during the accounting period.Let’s say that on April 8, it was...

Once approved, we hire them and provide them with all of the necessary infrastructure to do their jobs - PC’s, office space, internet, email, phone and any applications required. We meet and understand your business goals and the requirements for each position and...

The company may use historical data, credit ratings, and other information to estimate the likelihood of uncollectible accounts. As a result, companies need to account for the possibility of uncollectible accounts, which are also known as bad debts. Also notice that...

The company may use historical data, credit ratings, and other information to estimate the likelihood of uncollectible accounts. As a result, companies need to account for the possibility of uncollectible accounts, which are also known as bad debts. Also notice that...

The company may use historical data, credit ratings, and other information to estimate the likelihood of uncollectible accounts. As a result, companies need to account for the possibility of uncollectible accounts, which are also known as bad debts. Also notice that...