Latest threads in General Accountingshow only best voted threads

Subject Author Posted Replies
 
MS Accounting Pro 2007
Is anyone in the UK using this?? I've found how to put my customers in GBP £, but all my compnay info is in dollars. Is there a way to change this or do I have to live with it? Is there a UK...
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Novice -- undeposited funds question
If I'm looking at the P&L Statement and the Balance State for an organization and.... the P&L says the net profit for a specific period is $30,000 and the Balance Statement for the last day of the...
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Double entry accounting question
I am developing a piece of software for use in a friends antique business. I have a problem identifying how to achieve the following in a double entry accounting system. An invoice is produced which...
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Newbie - how to handle purchase price variance in retail inventory
Hello, I'm hoping to start an online retail business and have been studying accounting, however most text books don't delve into real world situations deeply. I trying to figure out the best way to...
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Interviewing at Social Security department for Service Representative and/or Claims Representative positions
I have some acquaintances interviewing for Claims Representative or Service Representative positions at the Social Security Administration department. Anyone have any suggestions?
 
Simple accounting Questions
I received an audit adjustment from PWC, it states that:- AA#1 Fixed Assets - CIP................XX ~~~~Other Receivable.....................XX Being overstated of the fixed assets - CIP Are they...
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building home office addition
Paul, Thank you very much for the feedback. In other words it looks like the scenario I described would be no different than my wife just doing the typical home office deduction with 30 years...
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A few thoughts for you.
I graduated from college with a BBA in accounting in May 2002. My GPA was 3.87 on 4.0 scale. I have been a professional seeker of accounting jobs for five years. Most employers will not even consider...
 
Firms Lavish Accounting Majors With Trips, Parties and Offers!
Lavish Accounting Majors With Trips, Parties and Offers By Kim Hart Washington Post Friday, July 6, 2007 Katie Piniuk got a lot of yawns from friends when she chose accounting as her major at Virginia...
 
cost accounting: your favorite sites
1. Could you please suggest me a sites (practical examples would be nice) and forums from accounting, cost and managerial accounting area. 2. I read a book "Cost accounting",1999., Polimeni, Handy,...
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Cash deposit or withdrawl & reporting to IRS
I know that Bank of America or Washington Mutual automatically report to IRS if cash deposit is at least $10,000. How about withdrawl? If u withdrawl more than $10,000 at one time, will it get...
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advice for new accountant
Hi, I just started a temporary job as a financial accountant for a manufacturing company. Right now, I'm doing a lot of account reconciliations - the company uses different systems for the sub ledgers...
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Student question: On a trial balance, are accounts with zero balances shown?
Theoretically I would say "no". The purpose of a trial balance is to "see what happened" and analyze for errors. We don't need to see what "didn't happen but could have". :) Too many zeros and data...
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Revenue and COGS for products sold to and subsequently repurchased from supplier
Does anyone have any experience accounting for transactions in which Company A sells parts to Company B and then repurchases some of the parts after value has been added to sell to Company C? At the...
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Mileage Reimbursement Accounting
Hello all, I'm a pastor who receives a monthly reimbursement for business miles traveled. I manage my personal finances in Quickbooks. My question is: How do I account for this check in Quickbooks? I...
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