575 Answered Questions for the topic accounting
Accounting Quickbooks
05/02/19
How do I create sales receipts in Quickbooks?
05/02/19
What is the difference between an Independent Financial Advisor (IFA) and an Accountant?
I'm looking for some advice on various small personal financial matters relating to pension, salary, taxation etc. I've been given a personal recommendation for an accountant, but looking at their...
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Accounting Quickbooks
05/01/19
How do I connect my bank account with Direct Bank Feeds in Quickbook?
Accounting Quickbooks
04/30/19
How do you record spending in Quickbooks?
Accounting Financial Accounting
04/30/19
Which form of ownership burdens owners with the greatest risk of loss of their personal assets?
A) Limited partnership (LP), B) Limited liability partnership (LLP), C) Corporation, D) Sole proprietorship, E) None of the above
04/30/19
Why is a coin an asset whereas a note is a liability on the Federal Reserve's balance sheet?
Can someone explain me why coins are assets and notes are liabilities for the U.S. Federal Reserve?
I know coins are made from "precious" metals, but even notes are made from various materials...
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04/30/19
Which date to record for a transaction?
I need to record a transaction in a journal.
If I take the date of the paper receipt, this might be different to the date on my bank statement.
Which one should I use? Should I use one, and then...
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Accounting Managerial Accounting
04/26/19
Accounting Help: How to calculate new product cost per unit for Variable & Absorption costing?
In 2017, ABS manufacturing produced and sold 50,000 units of "x" product in their first year. The following info is provided:Total sales: (50,000 x $80) 4,000,000Units Produced and Sold: ...
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04/24/19
Nit picky personal accounting question: What is the right way to record borrowing from yourself?
I keep a spreadsheet with my personal financial statements (balance sheet, income statement, cash flow) that generally follows the corporate approach. I omit considerations of depreciation, etc....
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04/24/19
In accounting and investment, what is the difference and relationship between balance and position?
In accounting and investment, what are the difference and relation between balance and position, when talking about a checking/saving/investment account? Or are they the same concept?
Thanks and...
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Accounting Quickbooks
04/24/19
How do I customize invoices and sales forms in Quickbooks?
04/24/19
Calculating the cost of waiting longer for money?
I'm trying to calculate the cost of waiting 30 extra days to receive money from a customer. Here's the situation:
> How much would this cost a company per year if a customer pays us in 60 days...
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04/23/19
Why Present Value and not Future Value?
This is a question in an online finance lesson, and I know what they want for the answer. But I'm not at all a novice at financial matters, so in my mind, I would do this differently.
The question...
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04/22/19
Dealing with fractions of a penny?
If my car insurance was £1200.01 per year, I could end up being charged £100 + 1/12p per month. I know that's not how it works, the extra penny is kept whole and goes on a specific month...
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04/22/19
Is the blockchain similar to double-entry book-keeping?
As far as I know, blockchains keeps transaction records from the beginning of time. This lets the blockchain retain a history of traceable transactions so it can maintain validity.
Double-entry...
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04/20/19
GNUCash: How to count up equity?
I'm new to getting my finances in order, and I've decided to use GNUCash to track my spending and general financial health. I'm reading the manual and trying to take control!
My trouble and...
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