Category: Bookkeeping


  • Small Business Bookkeeping

    What makes Xero attractive is its affordable pricing, which includes unlimited users. Its Established Plan — the highest plan — contains all the features Xero offers but is priced lower compared to QuickBooks Online’s Advanced tier. In Xero, you can also track time, send invoices, receive bills and reconcile bank accounts. Lastly, the Premium level…

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  • Capital Stock: Definition, Example, Preferred vs Common Stock

    UpCounsel accepts only the top 5 percent of lawyers to its site. In summary, preferred stock is considered a hybrid between debt and equity. It has a fixed rate of return and priority in liquidation, but the company doesn’t have to pay back the principal, as it would with debt. If a share of preferred…

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  • How To Calculate Revenue Realization Rate

    The Order tasked the Department of State with strengthening U.S. leadership abroad on AI issues. The Department of State and USAID, in collaboration with the Department of Commerce, are leading an effort to establish an AI in Global Development Playbook to harness AI’s benefits and manage its risks. Relatedly, the Department of State plans to…

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  • How to Calculate Cost of Goods Sold Using FIFO Method

    As a result, ABC Co’s inventory may be significantly overstated from its market value if LIFO method is used. It is for this reason that the adoption of LIFO Method is not allowed under IAS 2 Inventories. The company would report a cost of goods sold of $1,050 and inventory of $350. What Are the…

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  • TurboTax® 2022 Prior Year Tax Prep File Past Years’ Taxes

    We offer free one-on-one audit guidance year-round from our experienced and knowledgeable tax staff. We save your information — change it anytime and our tax calculator will show you how it affects your federal 2020 tax return on turbo tax tax refund. For example, if your original refund was $2,500, but your new total tax…

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