In many instances, voiding a check is necessary for bank account verification, which involves providing a check specimen in order to confirm account information. This is the information that today’s electronic banking services need to […]
Bookkeeping
What is a voided check: When and how to void a check
For example, online Accounting For Architects banks allow you to link external accounts by typing in those details yourself. Billers, such as utility companies, also accept payments by e-check when customers input their checking account […]
Unearned Revenue: What It Is, How It Is Recorded and Reported
Unearned revenue is also referred to as deferred revenue and advance payments. You will, therefore, need to make two double-entries in your business’s records when it comes to unearned revenue, once when it is received, […]
What Deferred Revenue Is in Accounting, and Why It’s a Liability
The company that receives the prepayment records the amount as deferred revenue, a liability on its balance sheet. Unearned revenue is usually disclosed as a current liability on a company’s balance sheet. This changes if advance […]
5 Best Accounting Software for Sole Traders
Features include AI-powered financial insights, automated expense tracking, simplified tax preparation, and free invoicing. ZipBooks is an intuitive accounting and bookkeeping software for self-employed individuals, providing an efficient way to manage their financial activities. It […]
How Much Do Accountants Cost for Small Businesses?
One way is by qualifying you for more deductions and credits than you would have otherwise. Plus, your CPA will already know what to do with your tax return — which takes up less time […]
QuickBooks Online Subscription Levels 2024
QuickBooks Enterprise, then, will be the only remaining desktop solution. QuickBooks Online offers four pricing plans that start at $35/month and cost up to $235/month, depending on the number of features and users your business […]
QuickBooks Online Pricing: Upfront & Hidden Costs Explained
The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation. Help us to improve by providing some feedback on […]
Construction Bookkeeping Services A Step-by-Step Guide
Streamline your dispatch, quoting/invoicing, service, projects, and reports. Prices for steel, lumber, and concrete can vary widely over a project’s lifecycle. Construction businesses must adapt quickly to these changes to safeguard their margins. Regularly updating […]
Construction Accounting, Bookkeeping, Payroll, & Reporting
These services ensure that financial transactions comply with industry standards and tax regulations, which can be quite complex given the scope of construction projects. Equally, by leveraging professional expertise, construction businesses can enhance their financial […]
Undo or remove transactions from reconciliations in QuickBooks Online
So, before you even consider the idea of unreconciling, there are a few important steps to take first. Sometimes, this ease of use can cause you to make an error that results in having to […]
Undo or remove transactions from reconciliations in QuickBooks Online
By accessing the account where the reconciliation occurred, users can navigate to the ‘Reconcile’ page and select ‘Adjust Previous Reconciliation’. This allows for the identification of the precise period to be adjusted. It is crucial […]