Category Archives: Bookkeeping

The Right Way to Close an Operation

Content Notify and pay employees Department of Taxation and Finance Step 5: File articles of dissolution How to Close the Deal Understand What State Tax Requirements Exist When Closing How to pay yourself in an LLC See the Department’sbusiness tax manual’s section about business closure for more specific information. If you’re wondering how to close […]

4 Common Accounting Errors and How to Prevent Them

Content Accounting Errors FAQs Errors That Can Be Detected in a Trial Balance What Method Is Used to Detect Errors When the Two Columns of the Trial Balance Are Not Equal? Transposition Error: Definition Key Steps to Getting a Small Business Loan Rial balance and trial balance period refer to an error-checking step in the […]

What type of account is the Dividends account?

Content Impact on Financial Ratios Special Dividend Example of Using the Dividends Account Types of Dividends Simply Explained SAP Sales and Distribution, SAP SD Configuration and SAP SD User Stock dividends aren’t really something one should be worried about because their frequency has dropped in the last years. This is an educated observation, since precise […]