The accounting-method tag has no wiki summary.
0
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2answers
82 views
Help me understand a revenue sharing problem
I am part of an LLC with multiple members. We have multiple revenue streams, and expenses that are shared across the revenue streams.
One revenue stream is suppose to be split 50% to the person that ...
3
votes
1answer
244 views
A very simple multi-currency accounting system
I run a small limited company in the UK which requires very simple bookkeeping.
The company sales online services (internet apps) and the only costs the company have are:
domain and hosting,
...
1
vote
2answers
109 views
What do I need to know about storing people's money in accounts for my website
I am developing a website where users will be able to transfer money to their account on the website. They'll eventually be spending some money and withdrawing money back into their accounts original ...
0
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1answer
41 views
Finance / Interest rate question
Interest rate calculation (monthly versus yearly)
I am trying to convince my CEO that it would be better to charge our customers who have an outstanding balance a 3% compounding interest rate instead ...
2
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3answers
4k views
Examples of Manually Entering Payroll in QuickBooks for 1 person S-Corp
First, my apoligies if I'm on the wrong board. Please point me to the right site.
I have a 1 person S-Corp in California and use Paychex for the payroll. I simply want to enter the data into ...
5
votes
1answer
355 views
Is it possible to delay customer invoices to the next financial year so I can save tax?
I'm operating a startup in its 1st year. This year's sales from consulting services is very good but the pipeline for next financial year is very very weak.
My question is, legally, can I delay ...
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6answers
3k views
How to choose between Cash and Accrual Accounting
I just started my first business. I’m debating on whether to go with cash-basis accounting or accrual accounting. From what I’ve read it seems that cash-basis is the easier method, but accrual is more ...
