11 Oct

Taxpayer Identification Numbers TIN Internal Revenue Service

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This requirement is generally satisfied with a valid passport (from any country in the world). We know that most people, when it comes to applying for an ITIN, they literally just think it’s just one piece of paper and that’s pretty much it. Most times, non-US citizens and Non-Residents don’t know how to get these documentation right. […]

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04 Sep

What is PPV Purchase Price Variance Explained

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Conduct regular reviews of supplier performance, and use purchase price variance as a metric to assess supplier consistency. By evaluating supplier performance in relation to PPV, you can make data-driven decisions about whether to extend or renegotiate contracts. At the same time, PPV helps identify suppliers who consistently deliver products at or below the expected […]

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29 Aug

What is Value Billing?

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You have the chance to link your fees to direct advantages for clients’ businesses, so they come away with a better appreciation for your work. In a value billing arrangement, both the service provider and the client usually agree upfront on the value provided by the service and how it will be priced. For example, […]

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23 Jun

How to Calculate Budgeted Revenue

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A zero balance can quickly become a negative balance if you don’t have a safety net. Yes, the catch-22 of student financial aid is that the more money you have, the less aid you’ll https://quick-bookkeeping.net/ be eligible for. That’s enough to make anyone wonder if it isn’t better to just spend it all and have […]

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31 Jan

Account Payable vs Accrued Expense Top 6 Differences To Learn

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This tracking of near-term expenses is a critical component of assessing an organization’s financial health. A common type of accounts payable is the purchase of raw materials from a supplier by a manufacturer to produce goods. Many suppliers provide companies they serve with 30, 60, or 90 days payment terms. When this happens, the company […]

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28 Dec

Ecommerce Bookkeeping Services: How-To Guide for DTC

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Although it will assist with tracking accounts receivable, that excludes invoicing customers. It also doesn’t let you customize services to create your own plan. Once again, Bookkeeper360 is an excellent solution for this as it earned a perfect score in bookkeeping services. With our online bookkeeping services, you get a profit and loss statement and […]

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28 Oct

Pilot Bookkeeping Review: Pricing, Features, Alternatives

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In the image above, there’s a credit card purchase from Cool Gadgets. At the very top, you’ll see a “bolt” icon—this icon means that Pilot has encountered this transaction from past records and it can auto-categorize it. Our reviewers evaluate products and services based on unbiased research. On top of standard bookkeeping and reporting, Pilot […]

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23 May

How to Become QuickBooks Certified: 9 Steps with Pictures

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We’ll walk you through the step-by-step process of how to become a QuickBooks ProAdvisor as well as the benefits of becoming one. Get QuickBooks Online, QuickBooks Payroll, and QuickBooks Time for free—plus, a range of discounts on other software, services, and supplies. Access and take training courses directly from your QuickBooks Online Accountant firm. For […]

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11 Mar

Capitalisation of internally generated intangible asset

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Some operations occur in connection with the development of an intangible asset, but are not necessary to bring the asset to the condition necessary for it to be capable of operating in the manner intended by management. These incidental operations may occur before or during the development activities. As per International Accounting Standard 38, you […]

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