A contractor WIP schedule at year end decides the tax bill: overbilled jobs are liabilities, underbilled are assets, retainage is…
What an accounting firm found in nearly 700 handwritten checks during a restaurant cleanup, and why every coded line in…
A price increase letter to customers should be one paragraph, sent the second week of December, effective January 1. The…
S-corp reasonable compensation gets fixed on the final December payroll, not in April: salary vs. distributions, owner health insurance on…
Multi-entity bookkeeping breaks in two places: the intercompany due-to/due-from balance and the missing roll-up. How both get fixed with a…
Multi-entity consolidated financials require one chart of accounts, intercompany booked both sides monthly, and draws traced. What the roll-up shows…