If you purchase QuickBooks Online payroll, these forms may be included, depending on your chosen payroll plan. QuickBooks now offers a free small business checking account called QuickBooks Checking (formerly known as QuickBooks Cash). Opening a QuickBooks Checking account is free, with no monthly fees or account minimums. You can set up a free consultation [...]

Management Accounting is concerned with facilitating the managerial decision-making process by providing relevant financial information to the managers. It plays a significant role in Food Truck Accounting framing policies and budgets for businesses and controlling the activities. In simple words, it is the means through which the financial performance and position of the business entity, [...]

Other costs that are not direct costs include rent, production salaries, maintenance costs, insurance, depreciation, interest, and all types of utilities. Thus, when in doubt, assume that a cost is an indirect cost, rather than a direct cost. The first step to in calculate the overhead to be allocated to each of two jobs based [...]

Chargebacks and fraudulent activity are not concerns that merchants worry about when using check processing procedures to accept payments. In ACH transfer contrast to credit card use, check processing has a much lower chance of these risk factors. Once you’ve picked a payment provider, set up your account, and let customers know you prefer ACH [...]

A short-term capital loss carryover, reported as code C, is reported on Schedule D (Form 1040), line 5. Net short-term capital gains are reported on line 5 of Schedule D (Form 1040) and net long-term capital gains are reported on line 12 of Schedule D (Form 1040). This box reports the beneficiary’s share of the [...]