Tag: Allowances
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Bookkeeping – Tracking Returns and Allowances (Lesson 39)
Not every customer is satisfied with the product they purchase. The old saying of ‘You can’t please everyone all the time’ is true.
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Bookkeeping – Contra Accounts (Lesson 12)
Contra accounts are utilized to help present clearer information to readers of financial reports. They are used to improve the decision model.
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Construction Accounting Terminology
In construction accounting, accountants and bookkeepers use certain terms and there are distinct meanings associated with these terms. This article is designed to introduce beginner accountants and contractors to these terms from the perspective of financial reporting.
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Allowances in New Home Construction Contracts – The Business Model
This article is designed to help the contractor address the proper procedures and documentation related to allowances in a new home contract.
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Form W-4 – Employee’s Withholding Allowance Certificate
Form W-4 is a form filled out by an employee to certify to the employer the personal tax situation of the taxpayer. It is used by employers via the human resources department to fulfill three primary tasks. First, confirm the legal name and address of the employee.