People can supply a business or an entity with a voided check to easily share their bank account details for an electronic payment or direct deposit. When you write “VOID” on a check, it becomes a voided check you can use to set up auto-pay or direct deposit. Once you submit your forms and voided […]
How to calculate ending inventory
It uses your gross margin percentage from the previous year as a benchmark for calculating ending inventory. Inventory market value may decrease if there is a large dip in consumer demand for the product. Similarly, obsolescence may occur if a newer version of the same product is released while there are still items of the […]
What is Cash Reconciliation?: A Complete Guide
Bank reconciliation is the process of comparing the balance as per the cash book with the balance as per the passbook (bank statement). The very purpose of reconciling the bank statement with your business’ books of accounts is to identify any differences between the balance of the two accounts. In the http://www.e-gost.org.ua/news/sport/35347-abramovich-nashel-dlya-chelsi-novogo-trenera.html past, it was […]