Content How Marisa Persevered and Passed Her CPA Exams Bank Reconciliation How to prepare a bank reconciliation? Outstanding Check Registers Banks often require customers to pay monthly account fees, check printing fees, safe‐deposit box rental fees, and other fees. Unrecorded service charges must be subtracted from the company’s book balance on the bank reconciliation. The Vector Management Group’s bank statement…
Content Every Successful Commercial Real Estate Investor has a Mentor. Present a well prepared, clean and tidy property Keys to Commercial Appraisals Treat the Accounting Department as a Bookkeeping Center Instead of a Profit Center Special-Purpose Property Management Most entrepreneurs understand the operations side of their business extremely well. They can quickly tell when an operations employee isn’t doing well.…
Despite its relative depth, you get started with Quicken the same way you do with many other personal finance apps, like Mint—by logging in to your online bank accounts through the app. By the time you start using the app, you already have a lot of financial feedback waiting for you. Anyone who has ever had to manage personal or…
Another use for a voided check is to set up direct deposit payments, usually for payroll payments from your employer into your checking account. The employer needs a voided check in order to extract the bank account information from the bottom line of the check. Yet another use for a voided check is when a lender wants to use it…
Content Types of Financial Statements Financial Statements: List of Types and How to Read Them Profit and loss Nonprofit Financial Statements How Balance Sheets Work Statement of Functional Expenses Apple’s total liabilities increased, total equity decreased, and the combination of the two reconcile to the company’s total assets. The financial statements are used by investors, market analysts, and creditors to…