ContentInternal Controls for Cash Receipts and RevenueHow to Include Customer Deposit on a Sales Invoice in Dynamics 365When to request a down paymentWhen and how to ask for an upfront payment?About This ArticleViewing Client Deposits/CreditsStep 1: Set up an account for upfront deposits or retainers Read on to learn how to ask for a deposit politely and professionally. Payments Get...
ContentWhat Is a Capital Lease Agreement?Capital Lease vs. Operating Lease InfographicsCapital Lease TestHow do you record an operating lease? Changed the lease accounting game forever when they declared the ASC 842 new lease accounting standard. There is no bargain purchase option because the equipment will revert to the lessor. The lease term lasts longer than 75% of the asset’s economic...
ContentWhat is the best accounting software for nonprofits?ReviewsStep 6: Start entering accounting transactions You'll constantly be checking these balances and reconciling them to more detailed sources or documents prepared by third parties . This book provides an introduction to the arcane world of non-profit bookkeeping (well, any accounting subject is arcane!). Since I am not a professional accountant, I...
