A sales invoice in financial accounting is a tool that a company uses to communicate to clients about the sums that are due in exchange for goods that have been sold. A sales invoice should include ...

Discover when businesses must use accrual accounting and how it differs from cash accounting. Learn why it's essential for ...

Restaurant accounting has specific needs and features. Here's a look at restaurant accounting methods and expenses, how tips ...

Taxpayers who are adopting the rules for sales-based royalties and vendor allowances under Sec. 263A and Sec. 471 provided in T.D. 9652 were given new procedures for obtaining automatic consent to ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Chip Stapleton is a Series 7 and Series 66 ...

Failing to remit sales tax is a felony. Fortunately, calculating and remitting sales tax to your local government is simple and easy. Your books should reflect sales tax as separate from the actual ...

Public accounting firms are constantly seeking opportunities to expand or diversify their service offerings, especially when it can result in additional revenue at higher margins than traditional ...