What Is the Difference Between Cash and Accrual Accounting?

It’s important to note that this method does not take into account any accounts receivable or accounts payable. This is because it only applies to payments from clients—in the form of cash, checks, credit card receipts, or gross receipts—when payment is received. Accrual basis accounting recognizes income and expenses when they are incurred. As its…

PayPal Accounting Software Accounting for PayPal Transactions

Connect With PayPal is for merchants who want to allow customers to log into your website/app using their PayPal credentials. Alternatively, Zettle allows merchants to use Tap to Pay on iPhone or Android to accept contactless payments without using any sort of card reader or terminal at all. PayPal’s Zettle mobile processing app is not…

How to Treat PTSD and Alcohol Misuse

The drinking and ptsd neurokinin-1 receptor antagonist aprepitant had no effect on PTSD symptoms or alcohol craving (Kwako et al. 2015). Data from theDepartment of Veterans Affairsindicates that as many as 63 percent of veterans diagnosed with alcohol use or other substance use disorder also meet the diagnostic criteria for PTSD. While PTSD does not…

Methods of Costing: Job, Batch, Process and Operation Costing

This method of Costing is used in constructional type of industries such as -Buildings, Dams, Roads, Bridges, etc. Under this method, costs are collected, accumulated and ascertained for each job separately. Because, each job normally differs from others as the works are undertaken strictly in accordance with the customers’ specifications. Most widely used costing methods…

Basic Accounting For Trucking Companies

The cost of this software will depend on what features and services you need for your business. Lastly, it gives you a global, real-time view of inventory status, pricing, and more. With Oracle Netsuite’s supply chain management features, you can easily manage every aspect of the purchasing process, from order placement to delivery. Every plan…

Combine Risk Management With Advisory Accounting for Business Success

Managers then can use this information to implement changes and improve efficiencies in the production or sales process. Financial accounting must conform to certain standards, such as generally accepted accounting principles (GAAP). All publicly held companies are required to complete their financial statements in accordance with GAAP as a requisite for maintaining their publicly traded status….

What Does An Accounting Consultant Do? Roles And Responsibilities

Which types of consultants are in biggest demand will likely change from year to year, as the profession continues to evolve to meet consumer needs. Of course, the COVID-19 pandemic may affect the profession to a degree, but over the past decade, accountants and auditors have maintained higher employment rates than many other professional positions….