Bookkeeping

It’s essential to provide accurate and up-to-date information to ensure clear communication with your customers and to establish your professional identity. If the customer bought more than one item, add up the prices. We still need to add any taxes or additional fees. A receipt book is a collection of receipt templates that businesses could […]

Depreciation is an accounting method used to allocate the cost of tangible assets over their useful life, recognizing their declining value as they are used to generate revenue. Let’s assume that a retailer purchased displays for its store at a cost of $120,000. The straight-line method of depreciation will result in depreciation of $1,000 per