June 22, 2020

What is Accounts Receivable? How to Set Up a Process

It also gives you access to more than a dozen pre-built financial reports, including a profit and loss statement and balance sheet. Establishing credit terms, staying […]
April 9, 2021

The Scoop on ASC 250: Accounting Changes, Restatements, Errors, and More

Though not all errors will affect the trial balance, so it’s not a foolproof way to catch mistakes. In October 2018 the Board issued Definition of Material (Amendments […]
April 30, 2021

New IRS, Treasury guidance focuses on basis shifting transactions used by partnerships Internal Revenue Service

If you need help with your ITIN application and want to know everything related to how to get an ITIN number, you can apply for your […]
June 23, 2021

Cash Flow Statement: Explanation and Example

The cash flow statement presents a good overview of the company’s spending because it captures all the cash that comes in and goes out. Consequently, the […]