Accounting Tools

MAY 15, 2024

What is a Tax Election? A tax election is a choice made by a taxpayer among several possible options for how to deal with a situation from a tax reporting perspective. A tax election may have consequences related to the timing and amount of taxes paid.

Tax 40

Tax Corporation Tax Accruals Accounting 40

Counto

MARCH 23, 2024

Its principles, including accrual accounting and comparability, foster informed decision-making. Key Principles of SFRS Accrual Accounting: SFRS mandates the use of accrual accounting, recording transactions when they occur rather than when cash is exchanged.

Financial Reporting 52

Financial Reporting Accruals Financial Statements Corporation Tax 52

Counto

MARCH 19, 2024

Here’s a comprehensive guide to annual return filing and record-keeping for sole proprietors: Personal Income Tax Filing In Singapore, a sole proprietorship isn’t a separate legal entity. Tax Deadlines Resident sole proprietors generally need to file their personal income tax returns by April 15th each year.

Record Keeping 52

Record Keeping Financial Records Accruals Corporation Tax 52

Counto

APRIL 23, 2024

Experience the Counto advantage Counto is the trusted provider of accounting, tax preparation and CFO services for startups and SMEs. Get accounting plans that combine bookkeeping with corporate tax filing to help you stay compliant at an affordable price.

Accounts Receivable 52

Accounts Receivable Account Receivables Accounts Receivable Accruals 52

AvidXchange

MARCH 22, 2024

These include: • Month- and year-end closes • Audit and tax season • Budgeting season • Holidays and personal time off (PTO) During these periods, time management tips for accounting and finance professionals are especially important. It creates a lot of bottlenecks.” For most companies, audit season coincides with this period.

Accounting 52

Accounting Accounting AP Budgeting 52