Bookkeeping

February 10, 2023

What Is a Contra Asset?

The accumulated depreciation account appears on the balance sheet and reduces the gross amount of fixed assets. Contra accounts are used to reduce the original account […]
December 28, 2022

Intuit Introduces QuickBooks Bill Pay, Expanding Money Platform to Deliver Business-to-Business Payments with AP Automation

Wave is one of only two online accounting services that you can use for free, unless you need payroll and payments, which you do have to […]
November 25, 2022

Social Security Wage Base Wikipedia

The COLA is an annual adjustment to Social Security benefits to ensure that they keep up with inflation. It is calculated based on the Consumer Price […]
August 16, 2022

Current Portion of Long-Term Debt Overview, Calculation, and Example

Unearned revenue is listed as a current liability because it’s a type of debt owed to the customer. Once the service or product has been provided, […]
February 11, 2022

How to Become a Freelance Accountant & Find More Jobs

We provide you with a detailed summary of chosen candidates, including screening notes, resume, and questionnaire so that you can perform the final interviews. At Millo, […]