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Category Archives: Bookkeeping

What is the Allowance Method? Definition, Calculation, Example, and More

The Coca-Cola Company (KO), like other U.S. publicly-held companies, files its financial statements in an annual filing called a Form 10-K with the Securities & Exchange Commission (SEC). Let’s try and make accounts receivable more relevant or understandable using an actual company. From 1 January 2024, the components which must be included when calculating ‘normal’ […]

Xero vs QuickBooks: Key Differences & Which Is Best for You 2024

Accounting software is essential for more than keeping your books current. It’s also vital for tracking cash flow, invoicing clients and paying vendors. Plans start at $13 per month for up to 20 invoices, five bills, bank account reconciliation, receipt capture and short-term cash flow snapshots. However, Xero includes inventory management with every plan, including […]

Top 10 Best Bookkeepers in DALLAS, TX Last Updated January 2024

Check out the average hourly rate for accounting services in your region. Bookkeeping Services of Plano is an accounting firm located in Plano with well over 20 years of experience in the industry. The company’s services include bank and credit card account reconciliation, account payable and accounts receivable, https://www.bookstime.com/ financial reporting, billing and invoicing, tax […]

FCMB To Invest Outside Nigeria

First City Monument Bank (FCMB) has said it plans to expand in at least two African countries as the plunge in oil prices reduces opportunities and income for banks operating in the continent’s biggest producer of the commodity. “We have identified a key market in East Africa and another key market in West Africa,” Chief […]