Bookkeeping

Unrestricted Net Assets Overview, Classification, Fund Accounting

ContentWhat about net assets in your organization?Government-Wide Financial Statements: Statement of Net AssetsStatement of Revenues, Expenditures, and Changes in Fund BalancesWhat Are Unrestricted Net Assets on the Balance Sheet for Fund Accounting?Unobligated Capital Reserves – CAPRNet Investment in Capital Assets Component of Net Position

That means that their use is not restricted by law, shareholders […]

By |June 10th, 2022|Bookkeeping|Comments Off on Unrestricted Net Assets Overview, Classification, Fund Accounting

Bookkeeper Job Description, Skills, Experience and Education

ContentAccountingToolsAbout TAXGUROResponsibilitiesReconcile Accounts

Experience with accounting software such as Xero, Quickbooks, or MYOB. At least 2 years of bookkeeping experience, preferably within a business-services environment. Reconciling sales taxes, payroll taxes, 401k, and bank accounts at the end of each month.

Similar to entry-level auditing clerks and accounting clerks, bookkeepers use a variety of types of software […]

By |January 25th, 2022|Bookkeeping|Comments Off on Bookkeeper Job Description, Skills, Experience and Education

Could inventory errors be self-correcting why or why not?

ContentIncorrect Standard CostWhat is the first thing you do when discovering an inventory error?Financial AccountingHow to Fix Inventory Errors in Financial StatementsCommon Inventory Management Errors That Can Cost Your Business

According to the problem, it will it will under the state’s it will under the state’s costs of good cost of goods and cost of […]

By |July 28th, 2021|Bookkeeping|Comments Off on Could inventory errors be self-correcting why or why not?