Category Bookkeeping

Service Revenues is an operating revenue account and will appear at the beginning of the company’s income statement. Since the gain is outside of the main activity of a business, it is reported as a nonoperating or other revenue on…

Accounting for startup practice provides a solid foundation for scaling operations while maintaining financial control. You’ll be ready to manage payroll, inventory, and larger budgets without hiccups. Proper accounting for startups allows you to track key performance indicators (KPIs) like…