Categoría: Bookkeeping

  • What Is Unearned Revenue and How to Account for It

    Enter the amount from line 47 of this Schedule D Tax Worksheet on Form 8615, line 9, and check the box on that line. If neither the child, nor the parent, nor any other child has qualified dividends, the amount of qualified dividends on line 8 is zero. Net capital gain is the smaller of…

  • All you need to know about eCommerce bookkeeping

    The cash flow statement contains the details of every penny a business spends. It includes information about the rent, inventory, and income stream. A business owner needs to consider many elements when managing eCommerce bookkeeping. This includes considering the methods to track details like financial transactions. Business owners will need receipts, invoices, and templates for…

  • Adjusting Entry for Depreciation Expense

    Even small mistakes in depreciation can lead to significant errors in financial reporting. Check out this video to see how journal entries are implemented with HAL Accounting Software. The choice of method depends on the type of asset and how it’s used. This method is based on how much the asset is used. For example,…