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Bookkeeping

Accounting & Bookkeeping Services For Construction Companies

Our team of expert consultants is certified in QuickBooks costs, ensuring financial peace of mind for your construction business. When you have accurate financial information that you really understand, you have the tools and confidence you need to unlock the true potential and profitability of your construction business. Of course, if you want to make […]

Understanding recent changes to non-GAAP and other financial measure disclosure

Content Non-GAAP financial measures and metrics GAAP vs Non-GAAP Compliance required for 2021 annual filings Q3: Topics for your next audit committee agenda Head to Head Comparison Between GAAP vs Non-GAAP (Infographics) Reconciling GAAP and Non-GAAP Financial Report When all companies abide by a fixed formula, it becomes easier for reputable auditors to weigh the […]

3 5: Basic Merchandising Transactions periodic inventory system Business LibreTexts

A perpetual system is more sophisticated and detailed than a periodic system because it maintains a constant record of the inventory and updates this record instantaneously from the point of sale (POS). However, perpetual systems require your staff to perform regular recordkeeping. For example, in a periodic system, when you receive a new pallet of […]

Ordinary repairs and maintenance Definition

Content The allowance for doubtful accounts is a permanent account. Accumulated depreciation is the amount of depreciation that has been recorded to date. What are costs subsequent to acquisition? Similar to Accounting: Fixed & Intangible Assets An asset is not depreciation below its residual value. Business Hours A journal entry is usually needed to update […]