Latest threads in General Accountingshow only best voted threads
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Simple Invoicing Protocol for B2B invoicing - Request For Comments
Below is a description of a free protocol which enables peer-to-peer invoicing at zero transaction cost. The sender can send invoices at zero cost and the receiver can read the invoice data into their...
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14 years ago
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AIG: A different perspective
This is the most important message I've ever written. If you agree with the sentiments, please send this on to others. Thank you. Thinking about the AIG debacle today, I finally realized what needs to...
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15 years ago
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Misrepresentations in Goichberg's Campaign Statement
Please post the exact amount the USCF /would have/ lost (or gained), had BG not even existed during this same timeframe. Imagine that you are God, and you can know everything-- how every molecule or...
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15 years ago
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Sage Payroll V 8.12 End of Year Prob
I have been using this old version of payroll with no problems to date. However, whilst processing the end of tax year yesterday I found the P35 had omitted our newest employee. The P11 PAYE and NI...
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15 years ago
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Removal of Backup Withholding
IRS sends a taxpayer a notice that because there was a failure to pay a tax owed on an unfiled return that the taxpayer is now on backup withholding. Taxpayer then files the return, on which a...
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15 years ago
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Using a personal car for business purposes
I have just purchased a used car that will be primarily for personal use, but I will use it in my business for times when the truck is not necessary. I paid for the car with personal funds, it will be...
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15 years ago
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Do accountants need files in QuickBook format?
What I have heard: accountants typically use "QuickBooks for Accountants," and as such accountants need files, from their clients, in QuickBook format. Is that correct? If so, is there any way around...
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15 years ago
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Schedule K-1 and unreimbursed expenses
I have received a K-1 from a LLC and I have been actively participating in the LLC's business activities. On the K-1, I've received both a guaranteed payment and my share of the LLC profit. How do I...
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15 years ago
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Please explain bank runs to me
For a bank, the loans that it lends out (i.e. mortgages, car loans, etc.) are treated as assets, and the bank makes revenues from this. On the other hand, when a bank has interest-bearning depositors...
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15 years ago
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window dressing.......aka: mark to market....
i think actual cost is easiest and safest, no? Just as the name implies, with mark-to-market accounting, certain assets are recorded at their fair market values, not at cost, as was previously the...
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15 years ago
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Entries for selling house on contract
We have an LLC that owns a house outright. Selling it to a couple and carrying the financing. How do you record 1) the sale and 2) the monthly payments? Thanks.
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15 years ago
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Things to Know - Before You File Your 2008 Tax Return:
Things to Know - Before You File Your 2008 Tax Return: If you haven’t had your taxes started by now, maybe you are still trying to decide how you will go about getting them done. Filing your tax...
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15 years ago
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How can I make this bookkeeping entry
That's what I was wondering but he never completely says what he's thinking so I always have to search around to find out WHY he's saying what he's saying. If I ask him, he thinks I'm insulting his...
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15 years ago
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Find Accurate Financial Accounting Solutions For Your Business
Affordable web based accounting services means to serve fast, high quality, accurate and reliable outsourcing financial accounting solutions worldwide. Outsourcing accounting services is ideal options...
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15 years ago
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Auditor's fiduciary duty to Pty minority ?
The articles of association of the private company bars the offer of the shares on the open market, and requires them to be offered to the existing shareholders; where if no agreement on the price is...
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15 years ago
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