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March 03, 2021

Charles Lutwidge
Fundamental Accounting: Concepts and Principles

Fundamental Accounting: Concepts and Principles

Reports and other accounting information are produced so management, investors, creditors, government, or other stakeholders can take actions based on this accounting information. If you consider every organization type, every organization location, how can we all speak the same language and..

Articles

March 03, 2021

Charles Lutwidge
How do bookkeepers get clients?

How do bookkeepers get clients?

There are many bookkeepers and accounting firms today that provide bookkeeping services. The competition is fierce and clients have options to choose from. How can a bookkeeper present oneself self in order to stand out from the competition? How to be..

Articles

March 03, 2021

Charles Lutwidge
Is bookkeeping a dying profession?

Is bookkeeping a dying profession?

There has been a recent trend of people viewing new technologies and software as a threat to the bookkeeping profession. Can we say that this is a dying profession without much future? Transformation of the bookkeeping profession The level of automation..

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March 03, 2021

Charles Lutwidge
How can I learn bookkeeping?

How can I learn bookkeeping?

Business owners are often faced with the task of mastering financial bookkeeping for their own company. Is it possible to learn bookkeeping from scratch in a short time? Where to start? At first glance, it seems that it will take forever..

Articles

March 03, 2021

Charles Lutwidge
What are the two types of bookkeeping methods?

What are the two types of bookkeeping methods?

Single-entry method The first type of bookkeeping method we are going to discuss is known as a single-entry. It is a simple form of accounting for financial activities in a business (or even a household). This method has been used for..

Articles

March 03, 2021

Charles Lutwidge
Should I become a bookkeeper or an accountant?

Should I become a bookkeeper or an accountant?

Do you know you like numbers, but you’re unsure what might be a good accounting career path for you? Today, we will try to help you decide if you should become a bookkeeper or accountant. Accounting and Bookkeeping: Difference Accounting and..

Articles

March 03, 2021

Charles Lutwidge
Does bookkeeping have a future?

Does bookkeeping have a future?

Today, we hear more and more about the professions of the future. Some say that in the near future completely new, more progressive professions will appear to replace the existing ones. Before choosing a certain career, one carefully studies all the..

Articles

March 03, 2021

Charles Lutwidge
Bookkeeping: Do you need to be good at math?

Bookkeeping: Do you need to be good at math?

Many people say that we were taught from childhood that math is an important subject because everyone in life will have to count money, just know the numbers, multiply, and subtract. It is even difficult to imagine our world without mathematics...

Articles

March 03, 2021

Charles Lutwidge
Is it hard to be a bookkeeper?

Is it hard to be a bookkeeper?

Are you considering working as a bookkeeper and wondering if it is hard to be one? Let’s find out how difficult or simple the work of bookkeepers can be. Challenges bookkeepers face Most people would say that the work of a..

Articles

Fundamental Accounting: Concepts and PrinciplesHow do bookkeepers get clients?Is bookkeeping a dying profession?How can I learn bookkeeping?What are the two types of bookkeeping methods?Should I become a bookkeeper or an accountant?Does bookkeeping have a future?Bookkeeping: Do you need to be good at math?Is it hard to be a bookkeeper?What are the basic bookkeeping skills?What exactly does a bookkeeper do?What is another name for a bookkeeper?What are Depreciable Assets for a Business?Contribution Margin RatioAccounts Receivable Turnover RatioA Guide to Notes PayableAccounting Basics for BeginnersQuick RatioDouble Declining Balance Method of DepreciationDepreciation Expense Overview and CalculationOverview of Debt to Asset RatioFlexible BudgetExplanation and Calculation of the Owner’s EquityAverage Collection PeriodAdjusted Trial Balance BasicsCost of Goods ManufacturedIntroduction to Capital ExpenditureGross Margin RatioPros and Cons of Capital StockFinancial Leverage: What is It and Why a Business Needs One?Debt Ratio – Meaning and CalculationAn Introduction to Credit RiskDirect Write-Off MethodAllowance for Doubtful AccountsAging of Accounts Receivable – Definition and ExamplesHow to Record a Credit SaleBad Debts Expense - Explanation and AccountingPreparing a Bank ReconciliationVertical and Horizontal Analysis: What's the Difference?Financial Ratio AnalysisCash Dividends and Stock DividendsSingle-Step vs Multi-Step Income StatementInventory Turnover RatioBusiness Credit CardNotes to Financial StatementsStatement of Comprehensive IncomeOverview of Reversing EntriesBasic Accounting PrinciplesIntroduction to T-AccountsEarly Payment DiscountsStock Splits and Stock DividendsRecording Transactions for BeginnersFinancial Ratios You Should KnowAmortizing Bond Premium with the Effective Interest Rate MethodFederal Insurance Contributions Act (FICA)Minimum Wage and Overtime PayIncome Summary AccountStatement of Stockholders EquityCash Flow from Operating ActivitiesBalance Sheet Template and StructureCash Short and Over AccountDividends Account - Explanation and ExampleThe Suspense Account - Everything You Need to KnowWhat is a Trial Balance?Manufacturing Overhead CostsGross vs. Net IncomeA Simple Explanation of Straight Line DepreciationInternal Controls in AccountingAccounting in Banks SimplifiedSmall Business Guide for Invoice Payment TermsWorking Capital Ratio: Definition and ExampleBetter Bookkeepers Accounting ReviewYour Guide to the Real Estate Capitalization RateCompleted Contract MethodHow to Calculate the Present Value of a Single AmountMinimum Wages in the United StatesHow to Increase Your Business ProfitabilityYour Guide to Inventory AccountingPaperless Invoicing - Can and Should Your Business Do It?Cash Flow ProjectionForm W-8 Defined and ExplainedPropeller Industries ReviewSalt Lake City Bookkeeping ReviewFinancial Statements Audit ReportNon-Profit Statement of ActivitiesYour Guide to Form 990Everything You Need to Know About In-Kind DonationsYour Guide to Tax FilingsSingle vs. Double Entry BookkeepingThe Balance Sheet BasicsNon-Manufacturing Overhead CostsTOA Global Accounting ReviewThe Meaning and Benefits of 501 (c3) for Donors and OrganizationA Closer Look at Forensic AccountingJob Costing BasicsProject AccountingWork-in-Process InventoryUnrestricted Net Assets in NonprofitsAccounting for Lease TerminationIOLTA Account BasicsFixed Assets - Explanation and ExamplesAmortization Accounting for Intangible AssetsWhat are Different Types of Liability Accounts?Ignite Spot ReviewAmortization: Explanation and ExamplesFixed Asset AccountingDouble-Entry BookkeepingCost of a Bookkeeper: Can Your Business Afford One?Business Taxes: What are they and how do you calculate them?Acuity - Accounting and Bookkeeping ServicesIntroduction to Cash Flow ForecastCPA Exam Cost and License FeesBill Pay AutomationOverview of the Best Invoicing ToolsBest Payroll Software for Small BusinessesBest Accounting Software – Top 5 ChoicesHow to Hire an AccountantA Guide to Your Own Virtual Bookkeeping BusinessOverview of Fractional CFO ServicesOutsourced BookkeepingProperty Management Accounting GuideA Guide to Real Estate EscrowCryptocurrency AccountingIntroduction to Financial Statements for NonprofitsStartup Bookkeeping: Basics and TipsYour Guide to Real Estate TaxesRemote Books Online ReviewLedgerGurus Review: Virtual and Outsourced Accounting25 Highest Paid Occupations in the U.S. for 2020The 5 Richest People in the World and How Coronavirus Affected ThemHow to Fill Out Form W-4 2020The Best Practices for eCommerce BookkeepingPart-time Bookkeeping - A Solution to Your Small Business ProblemsRemote Bookkeeping for Small BusinessesBill.com ReviewOnline AccountingQuickBooks Self-Employed – a Bookkeeping Service with Online LoginWhat is a Bookkeeper?What is QuickBooks Payroll Service?Deductible ExpensesWhat is Gross Profit?What is Deferred Revenue?1-800Accountant ReviewBench Accounting ReviewReview of BotkeeperReview of inDineroWhat is Indirect Cost?What is petty cash, and why is it important for small businesses?Foreign Currency Translation — International Accounting BasicsWhat is a C Corporation (C Corp)?SmartBooks ReviewReview of KPMG SparkWhat is an S Corporation (S Corp)?Pilot Bookkeeping Service ReviewADP Run Review: Payroll Software for Small BusinessesGusto ReviewHubdoc 101: The Basics from Hubdoc Reviews ExpertsReview of ScaleFactor BookkeepingWhat are Financial Statements?What is an Income Statement?What is a Cash Flow Statement?What Are 1099s?Tax Season 2020: What You Need to KnowNetSuite ERP ReviewKashoo ReviewGoDaddy Bookkeeping ReviewsSage 50cloud ReviewSage Intacct ReviewWhat is QuickBooks Accountant?How to Become a QuickBooks ProAdvisor in 3 StepsAccounting Profit and LossPayroll Taxes and Employer ResponsibilitiesZoho Books Review — What You Need to KnowAdjusting EntriesPurchases JournalOpening Entry in AccountingWhat is Xero?Wave Accounting Review — What You Need to KnowTurboTax Review – The Best Online Tax Preparation Software or Not?Intuit Payroll ReviewWhat is FreshBooks?Balancing off AccountsCash Disbursement JournalQuickBooks Online ReviewDifferent Types of AccountingPosting in AccountingSales JournalControl AccountsContra Expense AccountAccrual to Cash ConversionTypes of Error in AccountingAccounting Transaction AnalysisWhat is the accounting cycle?What is a general ledger account?Royalties in AccountingAccruals and DeferralsWhat is the accounting equation?What is Unearned Revenue in Accounting?Retained Earnings StatementA Guide to Prepaid ExpensesThe Agent BackgroundHow much does an EA earn?What is the accounting equation?What is an enrolled agent, and does your business need one?What CPAs areWhat is bookkeeping, and how does it operate today?Why is accounting important?
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