Bookkeeping

As well as to assist in making acquisition or average investment decisions. Kings & Queens started a new project where they expect incremental annual revenue of 50,000 for the next ten years, and the estimated incremental cost for earning that revenue is 20,000. The initial investment required to be made for this new project is […]

This can involve an additional charge to the bad debt expense account (if the provision appears to initially be too low) or a reduction in the expense (if the provision appears to be too high). If the value of debtors decrease, the level of doubtful debts also decrease. This implies that, the current provision for […]

Your company should have a balance sheet to record a detailed view of the financial statement. This is because it is hard to predict exactly how many bad debts will arise from the present accounts receivable at a certain time in the future. Potential increases and declines in bad debt could result from various modifications. […]

Be sure to endorse or sign any check that had been made payable to you before you deposit it. On the back of the check, there is a place for your endorsement, or signature. This allows you to keep a carbon copy of the checks you write for your records. The deposit receipt proves that […]

We used to collate this data on individual time sheet spreadsheets, which required manual input and reporting, and hours of time. Prevent incorrect and incomplete time logs with Clockify’s required fields. Run time audits to find incorrect time entries, fix and export exact data. Many time tracking software solutions, including Time Doctor, provide a featu