Bookkeeping

June 2, 2022

Current Ratio Explained With Formula and Examples

Although they’re both measures of a company’s financial health, they’re slightly different. The quick ratio is considered more conservative than the current ratio because its calculation […]
May 12, 2022

What is Payroll Fraud? How to Prevent Payroll Fraud

Contents: Risks in the Payroll Cycle Making Payroll More Secure Workers’ compensation fraud Is it Possible to Sue for Payroll Fraud? Definition of Payroll Ethics Payroll […]
May 10, 2022

Undeposited Funds Account in Quickbooks: What is it and How is it Used?

Since there is not a bank account that supports https://www.personal-accounting.org/what-is-recoverable-depreciation-for-home/ or accounts receivables, you need to reconcile these accounts to income received, instead of a bank […]
May 3, 2022

S Corporation Business Taxes LLC Tax Filing

The corporation can truncate a shareholder’s identifying number on the Schedule K-1 the corporation sends to the shareholder. Truncation isn’t allowed on the Schedule K-1 the […]