Category: Bookkeeping

Trial Balance vs Balance Sheet Top 12 Key Difference with Infographics

A trial balance is a worksheet with two columns, one for debits and one for credits, that ensures a company’s bookkeeping is mathematically correct. The debits and credits include all business transactions for a company over a certain period, including the sum of such accounts as assets, expenses, liabilities, and revenues. Preparing a trial balance […]

Principles of Real Estate Accounting and Taxation

Content CapActix Business Solutions The Best Real Estate Accounting Software Follow State and Federal Regulations for Real Estate Accounting Best for Large Real Estate Businesses Set Up Double-Entry Accounting For rental properties, they should include categories for equity, revenue, expenses, and assets. You should have an account for each category and all the different transactions […]

Amazon Reserve Amounts: What to Do When Amazon Withholds Your Settlement Payment

Contents: Highlights: In this article, we try to cover the Entry to Suspense Accounts details. Property Options Q1. What is a Clearing Account? Invoices and Payments Customized chart of accounts Unauthorized use and / or duplication of this material without express and written permission from this site’s owner is strictly prohibited. Excerpts and links may […]

How do I view, download, or print a prior-year return?

Content Get your max refund Why is the amount on my Form 1099-G different than the refund I received? Department of Taxation and Finance TurboTax’s human tax help I received a Form 1099-G after I filed my return. What do I do? Kaitlyn Wells is a senior staff writer covering the intersection of home office, […]

Real Estate Villanova University

Content Separate Your Personal & Business Funds Taught by Industry Experts Track Income & Expenses Real Estate Accounting We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Identify the options available […]

COA-Bookkeeping for Entertainment Industry

Content Administrative and office expenses Tennis Club Excel Financial Model Template Pool Hall Excel Financial Model Template Lowering Equipment and Maintenance Expenses Music Software Engineer The turmoil in the recorded-music industry in the 2000s altered the twentieth-century balance between artists, record companies, promoters, retail music-stores and consumers. As of 2010[update], big-box stores such as Wal-Mart and […]