30. September 2022Bookkeeping 16

Purchase Return & Allowances Overview & Examples Lesson

An example of an allowance would be to offer a 2% discount on a bill paid in 10 days but no discount for paying in 30 days. In the same order, Bistro Delights had ordered 20 specialty cheese wheels at $30 each. However, upon receipt, they notice that the cheese wheels are slightly smaller than usual. Offering Customer Incentives for K …

14. Januar 2021Bookkeeping 16

Church Accounting: Ultimate Guide + Best Practices to Know

Besides goods and services, other forms of non-cash giving are becoming increasingly popular for churches, such as gifts of stock, real estate, and cryptocurrency. Your bookkeeper should create separate categories in your records for all of these contribution types to track them accurately. Today’s donors ledger account appreciate flexibility in gi …

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