It is the job of a surgical technologist to prepare the operation theatre with all the required equipment before the surgery. Not only that, once an operation is done it is the job of the surgical technologist to clean all the equipment. One has...
ContentCan a W-2 employee be an independent contractor?InsuranceSave time with business tools that work together — and work for youFinancialIndependent ContractorsHow does the IRS determine which is a 1099 worker vs a W2 Employee?But what exactly entails a freelancer vs. an employee? Form W-2s give employees...
ContentCPSR Audits and the Role of your Accounting SystemBuild BacklogHartford Construction Accountants CPA: William BrighentiLearn the art of investing in 30 minutesManufacturers May Profit From Surety Bonds If gross profit expected at completion begins to decrease, it is important to strategize priorities in an effort to...
However, you can find freelance roles as well, or you may be able to negotiate with individual companies for freelance arrangements. However, if you have this background, Accountingfly can be a good resource for finding remote work. It offers custom job alerts so you can...
ContentThe Ultimate Guide to Real Estate AccountingCreate a Chart of AccountsFuture PlanningReal estate accounting challengesReal Estate AccountingHow do you factor in depreciation when calculating profits?Use Software or an App to Track Your Financial Data Another step to keeping your finances organized is to keep documents related...
ContentPlant Assets vs Fixed Assets – What’s the Difference?Why does manufacturing asset management matter to process manufacturing plants?Business Case StudiesHow will Surging Demand for Oil & Gas Push Plant Asset Management Sales?What Drives the Expansion of Plant Asset Management Market in China? Many of these edge...
ContentAn example of prepaid rent in accountingB.TThese account titles both mean the same thing and are usedProrating the first and last month’s rentAccounting for the Lease-LeaseeAccounting for variable/contingent rentIs prepaid rent an asset?- VideoRecord the initial payment The amount of the prepayment is carried on the...
Contents:What Does Period Cost Mean?Is the cost of promoting and designing products a period cost?Definition of Period CostsConnect With a Financial Advisor Product costs, on the other hand, arecapitalizedas inventory on the balance sheet. Manufacturers debit their raw materials inventory account when the purchase is made...
ContentDepreciation and Accumulated Depreciation ExampleAdjusting Journal Entries: Depreciation (First Year)Journal Entry for Purchase of a Fixed AssetFIXED ASSET PRO:No Payout from Insurance Company If the organization has not yet received the asset, it is still a current asset, not a fixed asset. Gain on disposal is...
ContentStep 3: Calculating Pretax Income or Pre-Tax EarningsAbility to calculate gross profitWhat Is a Multi-Step Income Statement?Visit us at letsledger.com for a consultation with our accounting expertsAdvantages and Disadvantages of Single and Multi-Step Income StatementsHow to Prepare a Multiple-Step Income StatementHow to Create a Multi-Step...