Bookkeeping

The AICPA, or American Institute of Certified Public Accountants (AICPA), is a professional organization representing certified public accountants in the United States. CPAs can get certified through the AICPA, and members can use a variety of resources to stay up to date on industry standards...

For companies managing multiple client retainers, tracking prepayments, and revenue recognition can become complex. Ramp simplifies this by offering bulk transaction categorization and AI-suggested accounting rules, ensuring each retainer is recorded and recognized accurately. This type of revenue is common in subscription-based businesses, SaaS companies,...

The consignee pays a specific amount to the consignor and the latter is responsible for taking care of the shipment charges only. To take up this freight transaction, a contract is prepared for the parties involved. This contract is the consignment, signed by a consignee,...

In summary, the key attributes of an interval scale are the ability to compare intervals between values, the absence of a true zero point, and the use of arithmetic operations for analysis. Interval scales find wide applications in various fields, including psychology, social sciences, and...

Filing early in the season can sometimes result in delays if the IRS is still updating its systems for the current year’s tax laws. On the other hand, filing late may also delay your refund due to the high volume of returns being processed near...