This will ensure that you meet your tax obligations. You can also maximize deductions to reduce your tax liability. But…
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I fear will throw off every single bank reconciliation report from that point forward. I do not want to unreconcile…
Read MoreHow to Do Accounting for Your Construction Business 8 Steps
Consider which apps you use already, and keep an eye on https://azbigmedia.com/real-estate/commercial-real-estate/construction/how-to-leverage-construction-bookkeeping-to-streamline-financial-control/ software with integrations. As we mentioned, Sage’s simple,…
Read MoreAccrued Expense vs Accrued Interest: What’s the Difference?
The adjusting journal entry for December would include a debit to accounts receivable and a credit to a revenue account.…
Read MoreAccrued Liabilities: Overview, Types, and Examples
Although the accrual method of accounting is labor-intensive because it requires extensive journaling, it is a more accurate measure of…
Read MoreMarketable Securities: Definition, Examples, and Liquidity Formulas
If your portfolio were a toolbox, marketable securities would be the versatile multi-tool that can be used in many situations…
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This excludes any financing-related items, such as short-term debt and marketable securities. Assets that are held for trading purposes are…
Read MoreConstruction Accounting, Bookkeeping, Payroll, & Reporting
With our specialized payroll processing services, you can be sure that your employees’ payments are prompt and accurate while fully…
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