Category Archives: Bookkeeping

Content Annual vs. Accrued Vacation Benefits Vacation Accrual Journal Entry Adding vacation accrual How capture accrued Vacation, Sick, PTO in liability account? What Does Paid Vacation Cost the Company? Accrued Vacation Journal Entries Accrued payroll journal entry Record $900 as a journal entry by debiting Vacation Expense and crediting Vacation Payable. When adding in vacation […]

Content Post an Adjusting Entry AccountingTools Overview: What are adjusting entries? Recent Posts Create a free account to unlock this Template Adjusting entries 4 Use the Ledger Balances to Prepare an Adjusted Trial Balance Why Are Adjusting Journal Entries Important? A compound entry is when there is more than one account listed under the debit […]

Content Prepaid Expenses FAQs Introduction to Adjusting Journal Entries Not recording a journal entry for prepaid expenses accurately What Is Prepaid Expense Amortisation? What are their Working Criteria? How confident are you in your long term financial plan? What Account Type Is a Prepaid Expense? Create a prepaid expenses journal entry in your books at […]

Content Establishing an IOLTA Account What is IOLTA? Keeping IOLTA Accounts Separate Join over 140,000 fellow entrepreneurs who receive expert advice for their small business finances What are IOLTA accounts? Common Mistakes To Avoid What Is an IOLTA Account and How Do I Open One? Keep in mind that even unintentional client fund misappropriation is […]

Content File directly with us — for free Tax Type Online Services Indiana State Prior Year Tax Forms E-file 2022 & Past Tax Returns* Common Kentucky Individual Income Tax Credits Search form File your 2020 taxes You can only prepare and e-File IRS and state income taxes for a given year until the October deadline […]