Bookkeeping Archives

The Best Legal Accounting Software 2023 Review

par david durand | Août 22, 2024 | Bookkeeping

For example, MyCase and Clio offer integrated platforms that combine accounting and case management features. You can manage trust accounts, generate invoices, and store documents in one platform. Rocket Matter also provides detailed reporting tools for tracking...

Last In, First Out LIFO Inventory Method Explained

par david durand | Nov 3, 2022 | Bookkeeping

Calculate the value of ending inventory, cost of sales, and gross profit for Lynda’s first six days of business based on the LIFO Method. The LIFO method requires advanced accounting software and is more difficult to track. You’ll spend less time on...

Accounting Equation And Why It Matters In Business

par david durand | Juin 8, 2022 | Bookkeeping

Journal entries often use the language of fundamental accounting equation debits (DR) and credits (CR). A debit refers to an increase in an asset or a decrease in a liability or shareholders’ equity. A credit in contrast refers to a decrease in an asset or an...

Compound Interest Calculator Daily, Monthly, Quarterly, or Annual

par david durand | Déc 1, 2021 | Bookkeeping

See what the change in your balance is if you increase or decrease your rate of return by 1 or 2 percentage points. This formula is the projected rate of return on an asset or investment, even if it does not explicitly pay compounded interest. The CAGR is a form of...

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The Best Legal Accounting Software 2023 Review

Last In, First Out LIFO Inventory Method Explained

Accounting Equation And Why It Matters In Business

Compound Interest Calculator Daily, Monthly, Quarterly, or Annual

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