Bookkeeping

For expenses, the payment will be posted on the date the payment was made, with the name & address of the vendor, amount of...

You’ll see the association’s assets minus the liabilities, which gives you the net worth. Assets may include cash, amounts owed, remaining values on the...

We will start setting up your community in our software after we receive a signed agreement and our on-boarding checklist with your answers to questions like...

A CPA will do a routine checkup and make sure all records are accurate. An audit requires more work from the CPA to analyze...

In the case of absorption costing, the fixed production cost is carried forward from year to year as a part of inventory cost. Neither...

It's important to note that period costs are not included in full absorption costing. In other words, a period cost is not included within...

Absorption costing includes fixed manufacturing overhead costs as part of the product costs, while variable costing only assigns variable manufacturing costs. Under absorption, fixed...