Customer Advance Payments: How to receive and book Customer Advance Receipts

Customer Advance Payments: How to receive and book Customer Advance Receipts

In this journal entry, the $600 of unearned service revenue represents the advance payment we have recorded in the previous...

Solved: What’s the difference between quickbook balance and bank balance of the bank register?

Solved: What’s the difference between quickbook balance and bank balance of the bank register?

Moreover, business owners use bank reconciliations to detect fraud and errors by either party. These reconciliations show cash flow and...

Bookkeeping Services In Houston

Bookkeeping Services In Houston

Cox CPA Services is a premier certified public accounting firm located in the city of Houston, TX. This company offers...

Small Business Bookkeeping Basics

Small Business Bookkeeping Basics

Your accountant should be able to not only offer advice but also set up the software for you and show...

The Ultimate Bookkeeping Cleanup Checklist: When and Why

The Ultimate Bookkeeping Cleanup Checklist: When and Why

One study found that nearly one-third of accounting tasks have the potential to be automated. There are automation systems that...

3 Best Accounting Firms in Chicago, IL

3 Best Accounting Firms in Chicago, IL

Content EXPERT FINANCIAL GUIDANCEWHEN THERE’S A LOT ON THE LINE Tax Day now July 15 IRS Extend Filing Deadline Due...

Legal and Accounting for Startups and VC

Legal and Accounting for Startups and VC

However, not all founders are trained finance professionals – software and financial packets are only half the story. Kruze’s accounting...

Is Accumulated Depreciation an Asset? How to Calculate It?

Is Accumulated Depreciation an Asset? How to Calculate It?

Choosing the most suitable depreciation method is essential, as it impacts the timing and QuickBooks amount of depreciation charges and,...