Content How to File Nonprofit Taxes How to Read a Statement of Revenue and Expenses The “How To” Grants Manual Public inspection regulations About the Author: Nonprofit Megaphone More In Forms and Instructions Explain the organization’s operations or responses to various questions. Provide the IRS with narrative information required for responses to specific questions on …
Contents: Contingent Liability When do I need to be aware of contingent liability? GAAP Guidelines for Contingent Liabilities Low Probability of Loss Events after the Reporting Date A contingent liability is a specific type of liability that could happen based on the outcome of an uncertain future event. This type of liability only gets recorded …
Contingent Liability Journal Entry How to Record Contingent Liabilities? Lees verder »
Content What is the Difference Between Bookkeeping and Accounting? What Is The Difference Between Bookkeeping And Accounting? Types of Bookkeeping & Accounting Accounting Business Skills Your bookkeepers can bring your past books up-to-date and take everyday bookkeeping tasks off your plate with guaranteed accuracy. Knowing the difference between bookkeeping and accounting can be tricky, especially …
What is the Difference Between Bookkeeping and Accounting? Lees verder »
Content Example calculation with the working capital formula working capital management tips How to Measure a Return on Investment Understanding Working Capital Tracking Your NWC Helps You Meet Your Obligations and Invest in Innovation How Working Capital is Calculated Positive working capital means you have enough liquid assets to invest in growth while meeting short-term …
What Is Your Working Capital Ratio and How Do You Calculate It? Lees verder »
Content The cash flow statement When to hire a financial professional The Duties & Responsibilities of Bookkeepers Career Paths Top Online Associate Programs ScaleFactor is on a mission to remove the barriers to financial clarity that every business owner faces. These days, almost every business will use some sort of digital accounting file to store …
How do the responsibilities of a bookkeeper differ from those of an accountant? Lees verder »
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Content An Acknowledgement Form Valuation: It May Not Seem Fair, But It’s the Law What’s The Problem With In-Kind Donations? Gifts In Kind: Everything You Need To Know The Six Most Common In-Kind Accounting Questions Answered Of course, one of the biggest issues to resolve, is to have a clear and binding understanding regarding when …
All Your Nonprofit Needs to Know about In-Kind Donations Lees verder »
Content Understanding the Balance Sheet Debt ratio What Are Total Assets? Recommended resources Free Financial Statements Cheat Sheet Assets Examples The basic accounting equation is fundamental to the double-entry accounting system common in bookkeeping wherein every financial transaction has equal and opposite effects in at least two different accounts. Let’s consider a company whose total …
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Content Mailing address: What are W-8 series tax forms? What are W-8 forms and what is a W-8 form used for? There are different requirements for different vendors What Is a W-8BEN Form? Withholding agents aren’t obligated to provide payees who have submitted any Form W-8 with a Form 1099 at year’s end. But payments …
