Category

30

Jul

What Is a Contra Account? Types + Examples

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Is contra revenue reported the same as cost of sales or is it netted in revenue? What are some typical (and perhaps non-typical) items reported as contra revenue? For the purpose of financial statement reporting, the amount on a contra account is subtracted from its parent account gross balance to present the net balance. All in […]

14

Mar

Wave vs Stripe: Which Software is Best for Your Small Business?

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This makes it a cost-effective option for small businesses and freelancers. Wave charges a flat rate of 2.9% + 30¢ per transaction, with no monthly fees or hidden costs. Your credit limit is your contractually agreed spending limit per month, and overspending amortized bond definition can compromise your credit rating. Wave Mobile App You may […]

29

Mar

Internal Microsoft Memo Lays Out Its New Strategy for Selling AI

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We believe in a tailor-made approach, crafting solutions that align perfectly with your specific needs and goals. Every project begins with a comprehensive analysis, where our experts meticulously evaluate what is capital budgeting your plant’s current state. Your plant is still a valuable asset that should be able to operate and deliver value for a […]

06

Jul

BOLD QuickBooks Sync PRO Connect Shopify Stores to QuickBooks QuickBooks Sync App Shopify App Store

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After too much time spent with another app, I signed up for the free trial of MyWorks Sync. MyWorks is a huge time saver for our business. We’re glad to hear that our support team has been helpful in your learning process. Store owner And will create one entry per day for each of the […]

23

May

Best Small Business Accounting Software: Top Picks for 2025

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FreshBooks offers a user-friendly interface ideal for non-accountants, contrasting with QuickBooks’ need for training. Additionally, there’s no phone support number, and the platform is less scalable, with fewer integration options than QuickBooks Online. Wave’s limited invoice customization and basic inventory management may not suit complex business needs. Wave Payments charges 2.9% plus sixty cents per […]

19

May

Retained Earnings: Debit, Credit? Let’s Settle this Crap

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These contractual or voluntary restrictions or limitations on retained earnings are retained earnings appropriations. For example, a loan contract may state that part of a corporation’s $100,000 of retained earnings is not available for cash dividends until the loan is paid. Or a board of directors may decide to use assets resulting from net income […]