Bookkeeping

Content Data loss prevention What are Cloud Accounting Advantages and Disadvantages? What Is Cloud Accounting? Security: Growing a Business Risks of Cloud Accounting What are the benefits of cloud accounting But today’s businesses also need a way to unify sellers with other key business functions, including professional services teams and traditionally back-office roles, such as […]

Content What is an Outstanding Check? Outstanding Checks Report About Paychex Bank Reconciliation Outstanding Check: Definition, Risks, and Ways To Avoid Checks which have been written, but have not yet cleared the bank on which they were drawn. In the bank reconciliation, outstanding checks are deducted from the balance per bank. If the payee doesn’t […]

Content Multi-Year Customer Contract: Unearned Revenue Example What Is Unearned Revenue? Deferred Revenue vs. Promise to Pay Reporting Unearned Revenue Accrued revenue When Is Unearned Revenue Recognized? Unearned Revenue Explained This time, the company will debit its unearned revenue account while crediting its service revenues account for the appropriate amount. Unearned revenues are payments for […]