by sysadmin | Jul 2, 2021 | Bookkeeping
Companies can expect, with relative certainty, that they will be paid their outstanding receivables. But because of the time value of money principle,...
by sysadmin | Aug 18, 2020 | Bookkeeping
One way to report sales tax in your bookkeeping records is to debit the amount you’ve collected from your cash account and credit it to your sales revenue and sales tax payable accounts. The merchant fee will vary depending on the platform you use, but it’s details...
