A bakery purchases a fleet of refrigerated delivery trucks on credit; the total credit purchase was $250,000. The new set of trucks will be used in business operations and will...

You can handle as many as 100 sales orders per month, and you still get all of the accounting integrations and multiple currency features you had before. The mobile app...

The system includes payroll, tax preparation, and virtual bookkeeping. You can automate processes with recurring auto-bills, send invoices, and integrate billing into your books. Church360 Ledger is a worthy choice...

Because the gold had been held for 1 year or less before the offsetting short position was entered into, the holding period for the gold begins on April 3, 2023,...

Learn more about the details of each additional QuickBooks fee below. As a small business owner, it’s likely that invoicing will be the most important feature you’ll use in QuickBooks...

Accounts with balances that are the opposite of the normal balance are called contra accounts; hence contra revenue accounts will have debit balances. The procedural part of accounting—recording transactions right...

As for the costing system used, production is usually valued with either a standard costing or average costing system. And for a smaller brewery with not much accounting support, it...