Bookkeeping

In accounting, contingent liabilities are liabilities that may be incurred by an entity depending on the outcome of an uncertain future event[1] such as the… Leer más »Contingent Liability: Definition & Meaning

This process is made more accessible by having control accounts for each subsidiary account listed in the general ledger. Before posting the transactions to the… Leer más »What is a Control Account? Definition Meaning Example

While burn rate is an important metric for startups to track, it shouldn’t be the only metric you are tracking when it comes to your… Leer más »Project Burn Rate: How to Effectively Gauge Your Project Progress

The mortgage amortization period is the total number of years it will take to pay your mortgage in full. This seems like a very long… Leer más »What Is an Amortization Schedule? How to Calculate with Formula

Tracking expenses and identifying write-offs will be less time-consuming with the assistant. As the owner of a landscaping business, there are plenty of things that… Leer más »Landscaping Business Software Lawn Care Business Software

You definitely have business-related goals, so it’s essential to record daily, monthly, and even yearly processes and improvements made during a certain period of time.… Leer más »Generally Accepted Accounting Principles GAAP Guidelines & Policies