Accounting Tools

JULY 18, 2023

Petty cash entry. When petty cash is to be replenished, debit the expenses to be charged, as stated on received vouchers, and credit the cash account for the amount of cash to be used to replenish the petty cash box. Example Asset Journal Entries Cash reconciliation entry.

Petty cash 75

Petty cash Accounts Payable Accounts Payable Accounts Receivable 75

Accounting Tools

MAY 21, 2023

The position can be assisted by an outside CPA who advises on how to record certain of the more complicated business transactions. This means that the full charge bookkeeper reports straight to a senior manager, such as the president, and may interact directly with the company's board of directors and auditors.

Bookkeeping 75

Bookkeeping Petty cash Payroll Reconciling 75

Accounting Tools

JUNE 8, 2024

The bookkeeper may also work with an outside CPA, who advises on the proper accounting procedures, and who may review the bookkeeper’s financial statements. The bookkeeper position is intended to be a freestanding position where there is no more senior person in the accounting department, so reporting to the owner makes the most sense.

Bookkeeping 40

Bookkeeping Petty cash Financial Statements Deposits 40

Stephanie Peterson

JULY 21, 2022

While most small businesses don't need to hire a CPA to handle their accounting needs, it is vital to hire an accounting professional who at least has an accounting degree or proper accounting certifications.

Bookkeeping 52

Bookkeeping Petty cash Virtual Bookkeeping QuickBooks 52

Accounting Tools

MAY 21, 2023

For example, a student is much less likely to cheat on the CPA exam when he knows that a monitoring camera is positioned in the ceiling directly over his head. Problems with Rational Choice Theory There are several issues with rational choice theory, which are noted below.

Petty cash 40

Petty cash Computation CPA Accounting 40

Nanonets

JUNE 29, 2023

It’s a single app for various features such as receipt scanning, automatic expense categorization, policy enforcement, approval workflows, and seamless integration with popular accounting systems.

Expense Reports 52

Expense Reports Data Entry Invoicing Budgeting 52

Nanonets

JANUARY 17, 2024

It’s a single app for various features such as receipt scanning, automatic expense categorization, policy enforcement, approval workflows, and seamless integration with popular accounting systems. 

Expense Reports 52

Expense Reports Budgeting Data Entry Auditing 52