Tagged Questions

2
votes
1answer
22 views

What accounting software you use for your online business?

Hi, Planning an online ecommerce site and really do not know what to select in terms of accounting software. Do you use an already built system or is it better to create something …
1
vote
1answer
14 views

looking to start a CPA firm

Hi, I have an accounting degree from New Zealand (many years ago!) but have never used it as a qualified accountant here in California just as a business consultant. I want to g …
2
votes
1answer
32 views

How to measure profitability

Which are the accountings that will help you figure out profitability of your business even before starting? How do you go about analyzing profit and loss accounts the best ways? …
1
vote
1answer
12 views

Which are good software for business transactions?

Are there any software that is suitable to manage bank account and business transactions out there? I need a list of the most popular. Which one would you recommend?
2
votes
3answers
125 views

How can I improve my accounting skills to make more money?

What would you say every business owner should know about accounting to avoid mistakes? What books would you recommend for just starting entrepreneurs? Could I make more money if …
1
vote
1answer
139 views

What expense accounts are likely to be overstated or understated?

I'm looking for re-designing my business overall by figuring out better ways of managing my expenses and accounts. Which of them would you say might be overstated or understated? …
2
votes
1answer
38 views

How to prepare company accounts

Which are the items that should be taken into consideration when going about resuming the company accounts? I need guidance on this aspect to do my first drafts for my business pl …
1
vote
1answer
101 views

What are the different accounting methods used?

I wonder if anyone in the community can provide me with an easy-to-understand definition of each method and how is it applied. Thanks in advance.
1
vote
1answer
27 views

How can a local business be started with a short budget?

I wonder how local businesses are still being opened and how they can deal with paying all what they need to start. For example, food businesses need plenty of equipment and produc …
1
vote
2answers
33 views

Could the same firm offer accounting and auditor services?

Is it possible for a firm to work as an accounting firm as well as an audit firm? If yes, is this common? Isn’t it complicated?
2
votes
1answer
21 views

Keeping track of finances without special software.

How do you keep track of the finances for your small business? How do you organize your spreadsheets or databases, what information to you record, and how often do you update thes …
1
vote
1answer
144 views

What is the difference between management accounting and cost accounting?

What is the difference between management accounting and cost accounting? What is the relationship between these two terms? What do they mean exactly? Why are they important in …
2
votes
1answer
13 views

How to manage trail balances

Which are the particularities of trail balances? When are this balances accounted? I need some help to understand how to manage this documents and when have to be considered by t …
2
votes
1answer
141 views

What the accounting treatment you give to a web design?

Is it consider an intangible asset? I'm looking for an expert advice so I can know how to register a web design on my bookkeeping. Thank you
2
votes
1answer
10 views

How do you account discounts on your profit and loss sheet?

What is the best way to take this item (%) into consideration on your profit and loss sheet? I´m looking for advices on how to do this properly and keep a detailed register on ho …

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