Categoría: Bookkeeping

He attended college briefly before returning to San Diego. Tributes from industry veterans and artists flooded social media after the news of Stone’s death. “I  love you Rob and will miss you like crazy Lauren we got you,” commented legendary record executive Steve Rifkin, who helped Stone and Cohen launch Cornerstone. Rob Stone is undoubtedly…

This includes transactions involving the acquisition and disposal of long-term assets, such as fixed assets and long-term investments. It’s a crucial component when understanding cash flow because it shows how much a company is investing in its future growth. Net cash flow from investing activities is a vital metric derived by subtracting cash outflows from…

However, the net income would be less than the gross income because there are more expenses in this example. As you can see, your net income is less than your gross income because you have to subtract your expenses from your gross income to get your net income. Shaun Conrad is a Certified Public Accountant…

Yes, a QuickBooks certification can be worth it if your career goal is to work as a bookkeeper or clerk, or to serve as an independent QuickBooks Pro Advisor. But, with the right strategies, you can overcome these challenges and build a thriving practice. Let’s explore some common pain points and how to address them…

Another aspect of intangible assets is that we can either create it or acquire it. Goodwill, that is, the reputation and business connections of a company, are built slowly over many years. But it can also be purchased, say when a company acquires another company like Google taking over YouTube. An intangible asset can exist…

Slack huddles let you instantly connect over audio or video and share screens so you can get more done where you’re already working. Slack huddles lets you instantly connect over audio or video and share screens so you can get more done where you’re already working. We know it’s a hassle to change browsers, but…

Depreciation expense is considered a non-cash expense because it does not involve a cash transaction. Because of this, the statement of cash flows prepared under the indirect method adds the depreciation expense back to calculate cash flow from operations. The various methods used to calculate depreciation include straight line, declining balance, sum-of-the-years’ digits, and units…

I truly appreciated your educational approach—it’s been invaluable. Thanks too for sharing so many helpful resources along the way. I’ve learned so much and will definitely reach out if I have any questions. Find one you can trust near you with our regional directory of QuickBooks-certified ProAdvisor accountants. To make it simple, our ProAdvisor search…

These assets are usually expensive and can significantly impact a company’s financial position. The principle also applies in cases where companies purchase inventory, as it allows them to record the cost of goods sold accurately. When it comes to accounting principles, the cost principle is not the only one out there. In fact, there are…

With a rate of up to 13.3%, California has the highest state income tax. California has graduated-rate income taxes ranging from 1% to 13.3% on income over $1 million. Middle-class Californians pay income taxes ranging from 6% to 9.3%. State income tax rates vary greatly since each state’s income tax scheme is unique. The majority…