Category: Bookkeeping

Manit educated himself in hospitality from the Oberoi Group of Hotels and Resorts and then moved to concentrate on Food & Beverage with the ITC Hotel group in India. Nishan prides himself on his approachability and giving trustworthy advice to clients – rather than urging them to take a property that may not be perfect.…

Grants.gov will continue to devote resources to ensure that our website meets users’ needs on all devices. Most of the funding opportunities on Grants.gov are for organizations, not individuals. If you are looking for personal financial assistance or other types of funding, check out the ‎grants gov on the app store Grant Programs section to learn…

Construction-in-progress accounting is an essential tool for tracking project expenses and maintaining financial transparency. By following best practices and leveraging accounting tools, businesses can ensure compliance, improve cost control, and build a solid financial foundation. Once the project is completed, transfer the total CIP balance to the appropriate fixed asset account. CIP ensures that construction…

doola is for Do’ers: LLC Formation, Bookkeeping, Business Taxes, and E-Commerce Analytics Every year you write off part of a depreciable asset using double declining balance, you subtract the amount you wrote off from the asset’s book value on your balance sheet. Starting off, your book value will be the cost of the asset—what you…

I gave up trying to support other web browsers because they seem to thumb their noses at widely accepted standards. Select the applicable overtime multiplier from the drop down menu. If your multiplier option is not available in the drop down list, select Other CARES Act and enter the multiplier. In addition, individuals who don’t…

Note that fiscal sponsors must maintain discretion and control over donated funds to meet IRS requirements. Sponsors will exercise appropriate oversight while respecting your venture’s independence and vision. The fiscal sponsor typically charges fiscal sponsor definition a fee or percentage of funds raised to cover administrative costs, making it a mutually beneficial arrangement. While some…

But claiming the standard deduction instead can mean a lower tax bill for many taxpayers. The Itemized Deductions Checklist makes it easy for anyone that uses itemized deduction when filing their taxes to keep track of all their information throughout the year. No more looking around for old receipts and struggling to prove that you…

If you like the see all these in action, you can also watch this quick tutorial to get started creating your own application form. After these, it is on you to ask for whatever information you would like to know about the applicant, such as years of working experience, education, etc. On forms.app, you application…

A debit is always recorded on the left side of a T-account, while a credit is always recorded on the right side. The understanding of normal balances of accounts helps understand the rules of debit and credit easily. If the normal balance of an account is debit, we shall record any increase in that account on…

The whole point of understanding the change in working capital is to know how to apply it to your cash flow calculation when doing a DCF. You can think of the increases in Income Taxes Payable similar to Accounts Payable. If this is increasing, the company is delaying the use of cash to pay income taxes…