COGS includes the direct costs attributable to the production of the goods sold in your business. A pro tip here is to always err on the side of caution; it’s better toLeer más…

They might include information about accounting methods, pending lawsuits, or significant events that occurred after the balance sheet date. One of the primary benefits of the Full Disclosure Principle is that itLeer más…

While this list is not exhaustive, it includes several common shipping terms for freight on board and will help you understand what’s being discussed in a business contract. Free on Board isLeer más…

Yes, creating pro forma statements requires more work, but it pays off in showing you exactly what your future net income, liabilities, and cash on hand would be under certain circumstances. WhetherLeer más…

To determine the tax consequences of the sale, you must know your basis in the home — your original cost, plus later capital improvements. If you’re audited, you may have to produceLeer más…

QuickBooks’ personalized models for expense reporting is one big reason it’s so easy to use. The program recommends categories for a few of your expenses and uses your answers to automate howLeer más…

Assume a company issues 1,000 shares of common stock with a par value of $1 per share for $10,000. Common shares are credited, as they represent equity and increase with a credit.Leer más…

Do you think any quickbooks tutorial or quickbooks course need to include on this list? Please submit new quickbooks tutorial and share your quickbooks course with other community members now. QuickBooks eliminatesLeer más…

Add tax-exempt interest income on line 2 of Schedule A, any expenses allowable under section 212 allocable to tax-exempt interest, and any interest expense allocable to tax-exempt interest. Generally, enter on ScheduleLeer más…

Our partners cannot pay us to guarantee favorable reviews of their products or services. Complete the form by entering personal details and income information accurately. Input data from W-2 forms, including wagesLeer más…