Category Archives: Bookkeeping

The Ultimate Guide to Reconciliation & How to Do It on Quickbooks Online

Start by reviewing a previous reconciliation report. If you reconciled a transaction by mistake, here’s how to unreconcile it. If you adjusted a reconciliation by mistake or need to start over, reach out to your accountant. You can then choose which … Continue reading

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Accounts Payable Services to Help You Lower your Account Payable Costs and Pay Your Accounts Payable Bills on Time

On top of all that manual labor, someone then has to update your ledger. These supplier invoices would be recorded as credits to your accounts payable account. If you are a credible customer for your supplier, you can receive early … Continue reading

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Operating Income

Property owners can manipulate their operating expenses by deferring certain expenses while accelerating others. NOI can also be increased by raising rents and other fees, while simultaneously decreasing reasonably necessary operating expenses. It’s important to assess earnings at all levels … Continue reading

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How to Figure Out What Is Going to Be Understated or Overstated in Accounting Chron com

An LLC is formed by filing ARTICLES OF ORGANIZATION with an appropriate state official. The reduction of INVENTORY levels at year’s end below beginning-of-the-year levels for businesses using the LAST IN, FIRST OUT (LIFO) inventory method. Acquisition of a controlling INTEREST in a company in a transaction financed by the issuance of DEBT … Continue reading

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