by riverwedco | Apr 12, 2023 | Bookkeeping
Prepaid expenses or unearned revenues – Prepaid expenses are goods or services that have been paid for by a company but have not been consumed yet. This means the company pays for the insurance but doesn’t actually get the full benefit of the insurance contract...
by riverwedco | Jan 6, 2023 | Bookkeeping
Contents:Use payroll softwareHow to Calculate Payroll TaxesUnemployment tax (FUTA and SUTA) withholdings ADP RUN is a simple payroll and benefits administration platform with room to grow into enterprise plans with the main ADP platform. Mandatory tax dollars withheld...
by riverwedco | Nov 18, 2022 | Bookkeeping
Thus, if you as a shareholder of the company owned 200 shares, you would own 20 additional shares, or a total of 220 (200 + (0.10 x 200)) shares once the company declares the stock dividend. The accumulated retained earnings balance for the previous year, which is the...
by riverwedco | Oct 31, 2022 | Bookkeeping
ContentWhat is Backordering in Materials Management?Cost of Goods Manufactured TemplateHow to Calculate Ending Work In Process InventoryAccountingTools Small to mid-size businesses can access enterprise-grade inventory management by outsourcing fulfillment to a 3PL or...
by riverwedco | Oct 24, 2022 | Bookkeeping
ContentDeferred revenue vs. Accrued expenseWhy is Accrued Revenue Important?Identify transactions that involve the deferred revenueHow Deferred Revenue WorksDeferred vs. recognized revenueWhat is deferred revenue?Recognition of Deferred RevenueDeferred revenue vs....
by riverwedco | Oct 11, 2022 | Bookkeeping
ContentWhat Software Does Your Construction Business Need?Be prepared for tax timeWhy choose Zoho Books for your construction business?Wave (Best free construction accounting software)Find the best Construction Accounting Software The solution also offers document...
