The accrual method of accounting is accepted by the generally accepted accounting principles, also known as GAAP. Under this methodology, revenue and expenses are recognized in the accounting books as ...

Small businesses have the option to use either cash basis or accrual basis accounting. Those who use cash basis accounting only record transactions when cash changes hands. Therefore, when employees ...

Have you ever started to review your financials at the end of the month and noticed that labor and wages are really, really high? What was the reason? If the answer was that you were coming to the end ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...

Mosey, the leading state compliance platform, today announced the release of its newest offering, Tax Account Management, a comprehensive solution that centralizes oversight of all 1,200+ state and ...

While lots of HR vendors have ‘fast’ implementation methodologies, there’s still one area that takes a lot of work and often gets shortchanged in the implementation: payroll’s interface/integration ...

Have you ever started to review your financials at the end of the month and noticed that labor and wages are really, really high? What was the reason? If the answer was that you were coming to the end ...