Successful organizations place a premium on sound financial management. However, even the most seasoned business owners might feel powerless in the face of the complexity of financial chores and the ever-changing legislation. This is when the help of an outside accounting firm … [Read more...]
How To Use Paystub Generating Tools
If you are looking for an easier way to manage payroll, then you have come to the right place. Payroll processing is one of the most time-consuming tasks for most companies at the moment, but it does not have to be this way. One of the biggest tasks related to the payroll … [Read more...]
The Difference between Sales invoice and Official Receipt
What’s the difference between a Sales Invoice and an Official Receipt? To address this question, the following are some of the differences of sales invoices and official receipts: Sales Invoice Official Receipt 1. A sales invoice is a … [Read more...]
May 2013 CPA Board Exam Results and List of Passers
Today is the last day of the May 2013 Certified Public Accountants (CPAs) Board licensure examination. Hence, we are expecting that the May 2013 CPA Board Exam results and list of passers would be released by the Professional Regulation Commission (PRC) tomorrow, Tuesday May 28, … [Read more...]
How to Compute Your Business Profit
What is a business profit? Business profit refers to the excess of the business' total income less all expenses within the accounting period, which may be presented monthly, quarterly or annually. However, please be informed that a loss, instead of a profit, will be the result if … [Read more...]
What is the Difference between Income, Revenue, and Gain?
What is the difference between income, revenue, and gain? These accounting terms are usually presented and seen in the income statement. They may have similarities, but they are actually different from each other. Financial statements preparers, accountants, and other accounting … [Read more...]
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