Unbilled AR represents revenue you’ve earned but haven’t yet invoiced. This directly impacts your cash flow because it’s money tied up in completed work but not yet in your bank account. Accurately tracking and projecting
How to Record Cost of Goods Sold: COGS Journal Entry
Costs of goods sold vary as the number of finished products increase or decreases. Where this information lives will depend on the systems that your business uses. Be sure that you are valuing your inventory
What Is Accounting? The Basics Of Accounting
Accounting is the interpretation and presentation of that financial data, including aspects such as tax returns, auditing and analyzing performance. It’s also worth noting that while all CPAs are accountants, not all accountants are CPAs.
Balance Sheet Format, Explanation and Example
If you’ve found that your balance sheet doesn’t balance, there’s likely a problem with some of the accounting data you’ve relied on. You may have omitted or duplicated assets, liabilities, or equity, or miscalculated your
California Tax Guide: What Youll Pay in 2024
It expects more than 128 million tax returns to be filed by the April 15 deadline. The IRS expects most refunds to be issued in less than 21 days. Here’s how much NFL players can