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Professional Bookkeeping Certification

Turbotax® Official Site

14 Useful Bookkeeping Tools This section provides a variety of tools that can be utilized and refined for your bookkeeping needs. 10 Management Internal Control Essentials This course explores the responsibilities incumbent upon all professionals in dealing with internal controls. There is an exam for every course and you must pass every one ...

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Period Costs vs Product Costs: What’s the Difference?

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Period cost is not directly related to the production of inventories but are key for the running of the business. Period costs include all the other indirect expenses which form a key role in the financial success of the business. The type of labor involved will determine whether it is accounted for as a period […]

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Definition of Notes Receivable in Accounting

Turbotax® Official Site

Companies of all sizes and industries use notes receivable, which benefit both sides of the purchase equation. However, companies must use the accrual method of accounting and follow some specific rules when recording notes receivable. This can make bookkeeping cumbersome, especially for companies that hold multiple notes receivable. A company ...

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How to Keep Accounting Records for a Small Restaurant Chron com

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That’s everything from your delivery partners, to utilities and broadband internet, right through to rent for your premises. This is a helpful bookkeeping process that verifies every transaction across your accounts so that your ending balance matches. If your accounts don’t reconcile, it may be a sign that funds are being misused, or worse ...

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Sales Tax and Income Tax

Employer Payroll Tax Obligations For Tipped Employees

Payroll, unemployment, government benefits and other direct deposit funds are available on effective date of settlement with provider. Please check with your employer or benefits provider as they may not offer direct deposit or partial direct deposit. Faster access to funds is based on comparison of traditional banking policies for check ...

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3 Ways to Write a Receipt

Turbotax 2016 Deluxe Tax Software Federal + Fed Efile

Then, it’s just a matter of properly filling in the applicable fields. Once you’re done, the program will generate a professional-looking receipt for you to give to the customer, and will log the receipt in its database so you can refer to it later. Add taxes and other charges to the subtotal for the grand […]

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