This minimizes the time spent on manual entry and data export-import processes. Accounts receivable are sometimes called « trade receivables. » In most cases, accounts receivable derive from products or services supplied on credit or without an upfront payment. An accounting period defines the length of time covered by a financial statement or operation. Examples of commonly […]

You will then evaluate a framework for making data-driven decisions using big data. In-house training is the most common method companies are using to improve employees’ business analytics skills, according to a 2014 survey of more than 2,100 CFOs by staffing services firm Robert Half. First, it presents a survey of technology topics in accounting, […]

Depreciation is applied to tangible fixed assets that lose value over time or can be used up. These include assets such as vehicles, computers, equipment, machinery and furniture. Land is not considered to lose value or be used up over time, so it is not subject to depreciation. Buildings, however, would be depreciated because they […]

Your business size and structure will determine which QuickBooks Online plan is best. If you’re a single freelancer, you won’t need to manage any other employees, and you won’t need to track many sales (if any) – so the Self-Employed payroll processing Plan is best for you. We’ve ranked the best self-employed accounting software, and […]