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Nov 2021

Invoice and Accounting Software for Small Businesses

Content Win more work and get closer to customers PayzerCare makes it easy to get started Data center Software + Support to Help You Grow Your Business Accounting professionals Do you collect tax from your customers? Payments and Charges Question: Sign in for expedited support You are leaving and entering a website that Wells Fargo does not control. Wells...
Jul 2020

The 8 Important Steps in the Accounting Cycle

Content What Is the Accounts Payable Process? Business is Our Business Step 5: Repeat the process weekly How to Improve the Account Payable (AP) process? What is the full cycle of the Accounts Payable process? The AP department works with its own set of metrics to analyze the liquidity of a business. The following list are a few of them,...
Apr 2020

Report no business activity Washington Department of Revenue

Content Sole Proprietorship State Income Taxes How to Close an LLC LLC Tax Filing Requirements for an LLC Corporation LLC Partnerships How to Start an Online Business in 8 Steps Multiple member LLCs must complete and sign form FTB 3832. The LLC must treat the failure of the sole owner to sign this consent in the same manner as the...
Mar 2020

Expanded Accounting Equation

Content What is the Accounting Equation? Understanding the Accounting Equation Accounting Equation Explained Expanding the Accounting Equation Accounting formulas for businesses Examples of Items in Each Section It can be found on a balance sheet and is one of the most important metrics for analysts to assess the financial health of a company. This equation should be supported by the...
Feb 2020

Differences Between California C Corporations and S Corporations

Content Stock/Ownership The S Corporation Built-In Gains Tax: Commonly Encountered Issues Pass-Through Tax Treatment Of S Corporations U.S. Income Tax Return for an S Corporation Forming your business in California How to Form A corporation has a board of directors who make high-level decisions about running the business. Shareholders are responsible for electing directors to the board. What is an...
Nov 2019

Accrual vs Deferral: Definitions and Examples

Content Accounting Numbers as a Measure of Performance Example of Deferrals and Accounting Treatment Merchant Account Testing Low-Dollar Supplier Payments Example – Deferred Expense Accruals/Deferred Revenue Similarities between Accruals and Deferrals Difference Between Accrual vs Deferral Then, in the subsequent fiscal year, we relieve the liability and recognize the revenue as the services Accruals and Deferrals are provided. A common...