Window Dressing Overview, Significance, and Example
For example, in a graph, a high base figure may be used for the vertical axis. This exaggerates any increases, giving the impression of significant improvement that, as a matter of fact, doesn’t match reality. For kitchens and bathrooms, opt for waterproof vinyl shutters to ensure water and humidity doesn’t damage your purchase over time. […]
Strategies for a Successful Month-end Close Process
At the end of each month, accountants go through all transaction records from that period and make sure each has been properly entered into the proper accounts. If you’ve not found a way to move your accounting process online, it’s time to get flexible. But even if you’re accessing digital accounting software or online programs, […]
Hotel Accounting & Management Software for Hospitality
It encompasses booking amounts taken during reservation to income earned in the till during checkout, including revenue from ancillary services such as spa treatments. Maybe you have your booking and channel management software in place, and hotel accounting you aren’t looking for a point of sale or inventory management system to use on-site at your […]
6 4 Format of the statement of cash flows
Recall that when a company purchases a fixed asset during a calendar year, it must pro-rate the first year’s 12/31 adjusting entry amount for depreciation by the number of months it actually owned the asset. The company breaks even on the disposal of a fixed asset if the cash or trade-in allowance received is equal […]
Accounting & Bookkeeping Service Manchester
An accountant can tell you how much profit (or loss) you are making, can tell you what your cash flow position is and can tell you your financial position. Outbooks is a leading provider of Virtual Bookkeeping & Accounting Services across the UK. Customized payroll to handle complex unique requirements, backed by specialist accounting knowledge […]
