Latest threads in General Accountingshow only best voted threads

Subject Author Posted Replies
 
OT (kinda)-Tax question -disabled child
I have a 13 (almost 14) year old daughter who is learning disabled. I am not sure what the State of NY offcially classifies her as. She is in special ed. She is capable of taking care of herself to a...
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Perfect Accountant
There are many different types of accounting software out there, but the price varies wildly... I saw Perfect Accountant Platinum for $9.99 and checked it out... It has inventory, general ledger,...
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A basic financial question regarding revenue
I'm in a basic accounting class and I'm stuck on what is probably a relatively easy question. I'm not necessarily looking for an answer, but just some guidance on whether I'm getting things right....
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VAT Question
I write POS sytem package I wuld like to know the following: If I sell 5 item that cost £1.00 before VAT, do I apply the 17.5% for the 5 together i.e. £5.88 or the 5 separately i.e. £5.90 Thank...
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Activity based accounting
Would activity based accounting be more suitable for a buffet (one price) restaurant or a regular menu (many prices) restaurant? I can see arguments both ways, so I'm not sure.
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Capitalizing employees' wages *VS* expensing
is considered an aggressive tactic if a company capitalizes the wages of their employees. However, I really can't see how the accounting would differ substantially. Here's my logic: Case 1. Suppose a...
 
Is 'cash' 'real' or 'personal' property?
Consider a hypothetical commercial real estate property. The land, building, improvements, and rights to use them represent 'real property' The inventory, desks, chairs, and other assets on the...
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Heads Up News for Auditors
If you are an auditor (or an accountant with an IT background or want to protect your clients) you need to have a look at what is happenning in UK with small and medium busiensses. Looks like...
 
Which classes are best for the CPA exam
Hi All. Changing occupations after a company layoff. I would like to get a masters in acounting and a CPA. It seems to be a growing field in the Southeast, and I don't see to many problems with age...
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Solomon IV 2.0.6 upgrade to Microsoft Dynamics SL or ?
Is it possible to directly upgrade to Microsoft Dynamics SL (or something else) directly from Solomon 2.0.6 SP3? Is there a utility program or data migration tools that can prep the data? I am...
 
Tax Exempt Status
I found a bunch of stuff in the file, so I asked an aquiantance of mine about it: Paul Thomas, CPA wrote: > > > Your non-profit status doesn't actually expire, in that you have to > re-apply. The...
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And yet another Non Profit question
I was looking around, and found a site called "" I ran the small non-profit's name through and found an entry that says our non-profit status expired in 12/06. (uh oh.) Why would that be - does the...
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Peachtree Accounting Data Recovery and Repair
I would recommend if you have anyproblems with your Peachtree Accounting Software. They where able tofix my damaged files withing a hour or so. They do fantastic work. Doctor Zing
 
Accounting adjustment
Hi dears, could you please help me to understand these concepts, these are some adjustments that i have never faced and i dont know how should i change my new blalnce sheet and what is going in debit...
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Form 8880 Help Please
In doing my own taxes I am troubled about form 8880. The instructions say that the deduction is to encourage low and middle income people to contribute to their retirement accounts. That's me. I am 42...
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