Category Archives: Bookkeeping

Capital Finance Lease vs Operating Lease Explained: Differences, Accounting, & More

In the context of commercial real estate, a finance lease can be used by businesses to acquire the use of property for an extended period, typically covering a significant portion of the building’s useful life. Tango Lease gives you a streamlined, fully compliant process for all your lease accounting and administration needs. Our software assists […]

Top 10 Bookkeepers in Portland, OR June 2023 Reviews

Content PORTLAND BOOKKEEPING AND ACCOUNTING SERVICES FOR THE MODERN BUSINESS Top Bookkeepers in Portland, OR Fern Capella Allen – Bookkeeper, Small Business Consultant Contact Business Do bookkeepers do payroll? Pacific Northwest Tax Service First Class Service from Your Portland CPA Nearby cities with Bookkeepers Portland, Ore. – June 7, 2023 – Perkins & Co, the […]

Encumbrance Accounting Journal Entries

Content Example Question #2 : Encumbrance Accounting Terminologies used in Encumbrance Accounting The encumbrance accounting process Business is Our Business What is Encumbrance Accounting? Accounting External Encumbrance An important part of business finance and cash flow is making sure you understand how much of your available funds you can afford to place in reserve for […]

Classified Balance Sheet Overview & Examples What is a Classified Balance Sheet? Video & Lesson Transcript

You’ll see that the unchanging assets you’d typically have in an office setting, or even a workshop, can be classified and tracked here. However, this exact formation may not be the same as say a high-level manufacturer. Additionally, all classifications can contain individualized assets or liabilities based on industry norms and unique operating factors. The […]

What Is Included in a Cash & Cash-Equivalent Calculation Statement? Chron com

Content Introduction To Finance and Accounting Specialization (Coursera) — Best For Certification accountingcoach.com Compare The Best Accounting Courses Sample Balance Sheet Net Income Part of the review consists of comparing this section’s total to the company’s net income. This is done to see whether the revenues, expenses, and net income reported on the income statement […]

4 Types of Depreciation Methods & Its Formula

Content Double Declining Balance Depreciation Method Units of Production How Do You Calculate Depreciation Annually? Depletion and amortization Sample Full Depreciation Schedule Capital Lease Accounting and Finance Lease Accounting: A Full Example Composite depreciation method Yearly depreciation of assets is an important thing to consider for businesses. In most cases, you want to get the […]