Bookkeeping

Free Accounting Software & Online Invoicing

There are two offers namely Akaunting On-Premise and Akaunting Cloud. Its A/P, A/R, and bank reconciliation features are especially strong, and the platform [...]

A Guide to Accounting for a Nonprofit Organization

QuickBooks is a one-size-fits-all accountancy tool, but it won’t be the number-one choice for every nonprofit. In this article, we will look at thе [...]

Expense: Definition, Types, and How Expenses Are Recorded

Expense management is just one of the many essential financial processes that organizations are choosing to automate for increased operational efficiency. [...]

A Beginner’s Guide to the Types of Liabilities on a Balance Sheet

An expense is an operational cost that a company incurs to generate revenue. Expenses and revenue are listed on an income statement, but not on a balance [...]

Accounting for Contingencies: Journal Entry, Example

Furthermore, even if there was no overt attempt to deceive, restatement is still required if officials should have known that a reported figure was materially [...]

Best Cloud Accounting Software for Small Businesses

It provides a range of tools to aid companies in efficiently managing their finances. DocuPhase is a business process and accounting automation solution that [...]

Journal Entry for Credit Sales and Cash Sales

For example, if a business sees a sharp increase in the number of sales credit journal entries, it may be an indication that more customers are buying on [...]

Discounted Payback Period Formula with Calculator

We will also cover the formula to calculate it and some of the biggest advantages and disadvantages. One of the disadvantages of discounted payback period [...]

Discounted Payback Period Formula with Calculator

We will also cover the formula to calculate it and some of the biggest advantages and disadvantages. One of the disadvantages of discounted payback period [...]

Discounted Payback Period Formula with Calculator

We will also cover the formula to calculate it and some of the biggest advantages and disadvantages. One of the disadvantages of discounted payback period [...]