One of the biggest differences between QuickBooks Pro and QuickBooks Premier is that Quickbooks Premier offers six industry-specific versions of the software in addition to the standard version. These industry …
The Forbes Advisor Small Business team is committed to bringing you unbiased rankings and information with full editorial independence. We use product data, strategic methodologies and expert insights to inform …
In the early 1980s, the average five-year CD paid almost 12%, compared to less than 2% today, according to Bankrate data. Savings rates eventually fell as inflation cooled and the …
Select your product below to explore product help, discover frequently asked questions, and connect with our support team. Tax return assembly & delivery automation for individual and entity returns, with …
Additionally, the aged accounts receivables and aged accounts payables reports are helpful in knowing which customers have not paid and which vendors are yet to be paid. These reports will …
For example, a company might be investing heavily in plant and equipment to grow the business. These long-term purchases would be cash-flow negative, but a positive in the long-term. The …
When assets are greater than liabilities, both a business and an individual are considered to have positive equity/net worth. The cash ratio is the most conservative as it considers only …
By billing at regular intervals, you benefit from a predictable cash flow. This makes it much easier to help your clients to the best of your abilities — instead of …
The entry will typically involve a debit to an accrued revenue account and a credit to a revenue account. The accrual accounting principle is widely used by companies of all …
The Internal Revenue Service (IRS) requires companies to estimate a “reasonable” salvage value. The value depends on how long the company expects to use the asset and how hard the …
Accounts receivable are commonly paired with the allowance for doubtful accounts (a contra account), in which is stored a reserve for bad debts. The combined balances in the accounts receivable …
These costs should be capitalized as a separated fixed asset in the balance sheet. In addition to food security, irrigation also has an impact on environmental sustainability. The effects are, …
You can use this free online write-offs monitor to determine how much your bad debt is costing you. If you win a civil case against a client and are awarded a judgment, …
Certain exempt domestic corporations like charities, civic organizations and religious organizations do not have to pay the franchise tax. The Delaware Franchise Tax for a corporation is based on your …
Something that is a few years old can go out of production. This could increase its value by making it rare, and desired. Something that we’ve seen thanks to the …
For that reason, we would like to know the corresponding annual interest rate. If the interest and principal portions of the loan payment are not listed, a loan amortization schedule will …
We know every form you need and every deduction you can take to pay less this year. As you can see, bonus depreciation only gives you a bigger first-year write-off …
Check out our reviews of the Best Accounting Software to find one that will work for your needs. Wirecutter is the product recommendation service from The New York Times. Our …
When acquiring land, certain costs are ordinary and necessary and should be assigned to Land. These costs include the cost of the land, title fees, legal fees, survey costs, and …
