By: Keyur Trivedi On: July 30, 2025 In: Bookkeeping Comments: 0

An entity does not include any cash flows for financing the assets or re‑establishing biological assets after harvest (for example, the cost of replanting trees in a plantation forest after harvest). Under this accounting method, farms—like any other businesses—must report their taxable income the instant it reaches their hands...

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By: Flashback Stories On: July 19, 2024 In: Bookkeeping Comments: 0

Don’t worry if you have difficulty keeping track of your QuickBooks operations. We have the perfect experts to help you get everything sorted. Many companies have chosen us to help them integrate QuickBooks bookkeeping software into their bookkeeping strategy. Prior to joining Proledge, Cheryl held several senior management roles...

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By: Flashback Stories On: November 27, 2023 In: Bookkeeping Comments: 0

I regularly interact with various departments, including Sales, Operations, and Legal. With Sales, I collaborate to ensure accurate recording of intercompany sales and revenue recognition. Discrepancies are often resolved by reviewing sales contracts and delivery notes. With Operations, I work closely to reconcile intercompany inventory transfers, matching transfer orders...

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By: Flashback Stories On: July 03, 2023 In: Bookkeeping Comments: 0

We’ll scan and automatically upload every receipt, every time. Use a pen with dark ink and press down firmly so that your writing will be easy to read. Give the original to the tenant (often the white receipt on top) and keep a copy for yourself (often the yellow...

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By: Keyur Trivedi On: November 29, 2022 In: Bookkeeping Comments: 0

The policyholder must pay a specific amount periodically for the agreement to stand. Hidden charges are examples of variable costs because they fluctuate and are influenced by various external and internal factors. This article will discuss the differences between variable and fixed costs and how they influence business activities....

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