Content Law Firm Accounting and Bookkeeping 101 What Is a Legal Assistant? Explaining Their Role in a Law Firm Top Tax Deductions for Lawyers and Law Firms You Always Know Where Your Money Is Accounting Considerations for Law Firms Everything a big operation could want and need from an accounting software solution is available through … Leer más
You might think of a bond as an IOU issued by a corporation and purchased by an investor for cash. The corporation issuing the bond is borrowing money from an investor who becomes a lender and bondholder. However, some bonds, such as municipal bonds, may be exempt from federal and state taxes. Understanding the tax … Leer más
For the next six months, you will need to record $500 in revenue until the deferred revenue balance is zero. His bill for January is $2,000, but since he won’t be billing until February 1, he will have to make an adjusting entry to accrue the $2,000 in revenue he earned for the month of … Leer más
As an employee, don’t worry; your employer will still pay you for these hours. For freelancers or business owners, non-billable hours will help you increase your profits and benefit your business. This post will explain billable and non-billable hours, why you should automate this process, and how you can track billable hours using Hubstaff. If … Leer más