by Peter Anthony | May 22, 2023 | Bookkeeping
This center of activity is different from a profit center in which a profit center does generate both revenues and expenses. The primary way in which managed care plans work is by establishing provider networks. A provider network serves plan members over a certain...
by Peter Anthony | Mar 16, 2023 | Bookkeeping
Our controller services provide expert oversight of your financial processes. The biggest advantage of outsourcing healthcare accounting is reduction in costs. Hiring full-time employees that are qualified to take care of all your finance and accounts needs can be...
by Peter Anthony | Mar 2, 2023 | Bookkeeping
The supplier takes full responsibility for the computers and must either reimburse Company XYZ or reship the computers. FOB shipping point and FOB destination indicate the point at which the title of goods transfers from the seller to the buyer. The distinction is...
by Peter Anthony | Mar 1, 2023 | Bookkeeping
Whether you are using accounting software, a manual general ledger system, or spreadsheet software, the depreciation entry should be entered prior to closing the accounting period. Nevertheless, businesses should carefully evaluate their specific circumstances and...
by Peter Anthony | Dec 13, 2022 | Bookkeeping
In a general ledger, or any other accounting journal, one always sees columns marked “debit” and “credit.” The debit column is always to the left of the credit column. Under this column, normal balance of accounts the difference between the debit and the credit is...
by Peter Anthony | Mar 10, 2021 | Bookkeeping
I have been with the The CPA Corner for five years after leaving my previous tax consultant who I was unhappy with as he did not communicate. Since being with Nick and his staff I have found their thorough nature to be high quality and very professional. When...