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Category: Bookkeeping

Posting Date: The Role of Posting Dates in Accurate Transaction Recording

September 10, 2025   Azhar Iqbal   No Comments

After almost a decade of experience in public accounting, he created MyAccountingCourse.com to help people learn accounting & finance, pass the CPA exam, and start their career. Posting From Journal to Ledger By consolidating all financial activities into one comprehensive ledger, businesses can better manage their financial records. Businesses should maintain a record of all

Accounting Software for Small Businesses

August 28, 2025   Azhar Iqbal   No Comments

Xero’s cloud accounting software has features and tools to help you run your small business, so you can spend more time doing what you love. This combines some of the best features of desktop-based accounting software with the convenience of the cloud, meaning you can access Sage accounting tools anywhere, from any device. You can

Unit of Production Method: Depreciation Formula and Practical Examples

February 28, 2025   Azhar Iqbal   No Comments

The diagram below sets out an analysis of the units of production depreciation method. The straight-line method of depreciation is often the easiest way to value a depreciating asset such as a piece of equipment in an office or factory. It simply assumes that the asset’s useful life is measured in years, and that it

Salvage Value Calculator Estimate Asset Resale Value

September 19, 2023   Azhar Iqbal   No Comments

This amount can be used in planning for resale, budgeting for replacements, or calculating tax deductions. The successful bookkeeping real estate investor will know how to set the perfect lease rates for their tenants or renters. One, NPV considers the time value of money, translating future cash flows into today's dollars. Two, it provides a

Bookkeeping Service Orlando Bookkeeper Orlando

July 14, 2023   Azhar Iqbal   No Comments

No more mad dash to get organized for income tax day, or filing extensions when you fall behind. Plus, we’ll keep you in compliance with sales tax regulations in Orlando and Florida. Detailed bookkeeping & accurate data empowers businesses to manage their cashflow, arguably the most important metric in bookkeeping services orlando the success of an

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