Deposit Overview, Contextual Definitions, and Types
master123
These fees occur as debits to the consumer’s checking account, and differ from payment card chargebacks, (which are made as debits from the merchant’s account). Fees charged for Returned Deposited…
Bookkeeping
What Is Unearned Revenue?
Contracts can stipulate different terms, whereby it’s possible that no revenue may be recorded until all of the services or products have been delivered. In other words, the payments collected…
What is Plant Asset Management? Definition, Benefits & More
These assets are a subset of the fixed assets classification, which includes such other asset types as vehicles, office equipment, and intangible assets. Plant assets fulfill the usual criteria for…
Common Year Standard Year Normal Year
Both solar and lunisolar calendars with regional variations are used in India and the Indian subcontinent. In the solar calendar, the common years have 365 days, with 10 leap years…
Accounting for Dropshippers
Inventory management is crucial to dropshipping ecommerce businesses. Managing inventory levels, reorder points, and shipping times ensure that businesses can fulfill orders promptly and maintain customer satisfaction. Accounting software can…
Bookkeeping vs Accounting: What’s the Difference?
For a long-term career, accounting offers much more upward mobility and income potential. The education required to be competitive in the field is greater, but the payoff down the road…