Not all deposit slips look the same, so the deposit slip you’re using may require writing down different or additional information. Even though the deposit receipt demonstrates that the deposit was made, it only provides the deposit’s sum. Banks are required by federal law to keep records of deposits exceeding $100 for at least five …
In the world of accounting, supplies are an essential component of a company’s operational expenses. Inventory refers to the items that a business intends to sell to its customers, either directly (finished goods) or as raw materials used to create finished products. Meanwhile, supplies are the items a business uses in its day-to-day operations. Because …
Before joining Knowcraft Analytics, Revathi worked for Wipfli LLP as an Assistant Manager, focusing on performing research from time to time on Tax updates and managing engagements independently. Her expertise is vast, covering Inpatriate-Expat Taxation, Global Mobility, and Tax Planning. She is adept at navigating IRS & state audits, resolving notices, and has a profound …
We tested dozens of leading accounting platforms with an eye on these features and others that can help grow your construction business into a profitable success. Accounting services are fundamental to the construction industry, safeguarding the accuracy of financial statements, managing cash flow effectively, and aiding strategic business planning. A key aspect of this is …