Category: Bookkeeping

This week covers the basics to get you started up with R. The Background Materials lesson contains information about course mechanics and some videos on installing R. The Week 1 videos cover the history of R and S, go over the basic …

When you’re done preparing your taxes, you can get a tax expert to review your return to make sure it’s 100% correct.When you’re satisfied and ready to file, simply pay and e-file or print your tax return. When you request a payment …

Considering the leasing agreement features an ownership transfer – one of the conditions that qualify a lease as a capital lease – the lease is treated throughout the lease term as if the corporation is the owner. The corporation is therefore obligated …

They agreed to provide me another quote for catch up months of 2023 in 2 days but then they instead stopped responding completely.Got a refund of $100 plus a wasted month in waiting. He has led complex transformations and restructurings for companies …

However, there are a few occasions when you can claim the costs as an expense. There is an economic apportionment to each year of the value of equipment held and used in the business. The tax inspector has his own rules, which …

Earnings per share represents a portion of a company’s profit that is allocated to one share of stock. Therefore, if you were to multiply the EPS by the total number of shares a company has, you’d https://www.wave-accounting.net/ calculate the company’s net income. …

Then there’s the bottom half, where you can add the account, description, type, and amount. Reverse entries are the opposite of adjusting entries. When we say the opposite, we don’t mean that the adjusting entries get deleted. Reverse entries only simplify financial …

The firm specializes in preparing personal and corporate taxation while providing fractional CFO work and leading the accounting and finance function for several small-to-medium-sized businesses. In his free time, you’ll find Jason on the basketball court, travelling, and spending quality time with …

Under IAS 17, there were two types of leases, finance and operating, with differing accounting policies and disclosures for each. Under IFRS 16, however, there is only one classification, finance leases, which are classified on the financial statements as long-term debt. Even …

The country’s foreign trade, monetary and fiscal policies affect the exchange rate fluctuations. Foreign trade includes policies such as tariffs and import standards for commodity exports. The impact of monetary policy on the total amount and yield of money directly determines the …