Bookkeeping

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Bookkeeping

Retainer Fee Accounting and Its Impact on Financials

  • Posted by Surya Abadi Dutaindo
  • On 27 November 2023
  • 0
Houston is recognized worldwide for its energy industry—particularly for oil and natural gas—as well as for biomedical research and aeronautics. On April 4, 2022, Hewlett Packard Enterprise relocated its global headquarters from California to the Greater Houston area.197 The Houston Ship Channel is also a large part of Houston’s economic base. When you receive an […]
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Bookkeeping

The 10 Best Online Bookkeeping Services of 2022

  • Posted by Surya Abadi Dutaindo
  • On 6 November 2023
  • 0
Kruze’s team is highly experienced helping seed and VC-backed companies navigate New York State and City level tax and compliance needs (see our New York tax compliance deadline calendar below). Typically, bookkeepers cannot file tax returns on behalf of other companies on their own. Bookkeepers will usually prepare relevant records and tax documents, and then […]
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Bookkeeping

Understanding The World Of Manufacturing: ODM, OEM And OBM

  • Posted by Surya Abadi Dutaindo
  • On 4 Juli 2023
  • 0
Original equipment parts (OEM) parts are components used on or in a vehicle that come from the original equipment manufacturer. Understanding the difference between OEM parts and aftermarket parts can help you determine what you want to use when your vehicle needs a repair or a replacement. OEM hardware and software is packaged for distribution […]
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Bookkeeping

Background on: Insurance Accounting

  • Posted by Surya Abadi Dutaindo
  • On 9 Maret 2023
  • 0
It then accounts for fixed-fee service contracts like other service contracts with customers and financial guarantee contracts under the financial instruments standards. While the general measurement model applies to all groups of insurance contracts in the scope of IFRS 17, a simplified approach – the premium allocation approach (PAA) – may be used (optional) to […]
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Bookkeeping

Outsourcing vs In-House Accounting: What’s Right For Your Business?

  • Posted by Surya Abadi Dutaindo
  • On 9 Maret 2023
  • 0
Let’s discuss In-House vs. Outsourced Accounting with the pros and cons of both keeping your accounting in-house and using outsourced accounting services. Outsourced services are a low-cost alternative to hiring in-house without sacrificing quality results. These value-added services help businesses build their capacity and solve complex issues as they grow. Request a Free Consultation & […]
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Bookkeeping

What is EBITDA Formula, Definition and Explanation

  • Posted by Surya Abadi Dutaindo
  • On 14 Desember 2022
  • 0
There are multiple metrics available to analyze the profitability of a company. Although different, both EBIT and EBITDA are critical in estimating essential analysis tools. Both are not GAAP-approved metrics and don’t appear in an income or cash flow statement. But accountants will often use them to determine a business’ overall financial standing. For example, if interest […]
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Bookkeeping

April 30 deadline looms for student loan forgiveness Los Angeles Times

  • Posted by Surya Abadi Dutaindo
  • On 6 Desember 2022
  • 0
For a family of four, these Economic Impact Payments provided up to $3,400 of direct financial relief. The CAA, 2021 made even more changes, including the creation of two tiers of PPP loans, First Draw and Second Draw. Passage of the PPP Extension Act gives applicants until May 31, 2021, to apply for a PPP […]
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Bookkeeping

Right on the Money: New program helping students find loan relief

  • Posted by Surya Abadi Dutaindo
  • On 6 Desember 2022
  • 0
Beginning with the passage of the PPP Flexibility Act of 2020, you had to use at least 60% of your PPP loan proceeds on “payroll costs” as defined in the CARES Act. Keep in mind that, with similar limits, previous advances averaged just $3,459 in 2020 and forgivable loans averaged only $100,729. The new programs […]
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Bookkeeping

How to Use QuickBooks for Your Auto Repair Shop

  • Posted by Surya Abadi Dutaindo
  • On 31 Oktober 2022
  • 0
That said, you can use this if you plan to track the overall costs it takes you to complete the product or render the service. For those folks in Florida with a auto repair shop I have attached a copy of our invoice template we use that has been approved / recognized by the State […]
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Bookkeeping

Accounts Receivable Turnover Ratio Formula Analysis Example

  • Posted by Surya Abadi Dutaindo
  • On 10 Oktober 2022
  • 0
The accounts receivable turnover ratio calculates how effectively a company collects accounts receivable (the money a customer owes the company). Another name for accounts receivable turnover ratio is debtors turnover ratio. Once you have calculated the RTR, it is essential to know how to interpret its meaning. A higher ratio indicates that a company efficiently […]
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