Small business topics and issues.

Change Orders in Sage 50- Instructions and Video Lesson

Change Orders in Sage 50- Tutorial: A picture of a change order within the “Change Order” window in Sage 50 Premium Accounting.
Change Orders in Sage 50: Overview             Change orders in Sage 50 let you change the estimated revenue and/or expense amounts of existing jobs. You can also use change orders in Sage 50 to change the projected end date of a job. Note, however, that change orders in Sage 50 can only be created for
Read more
No Comments

Respond to Meeting Requests in Outlook- Instructions

Respond to Meeting Requests in Outlook- Instructions: A picture of a user accepting a meeting request and choosing how to send the response within Outlook.
Respond to Meeting Requests in Outlook: Overview             This lesson shows you how to respond to meeting requests in Outlook. When you receive a “Meeting Request,” it is important to know how to respond to it.             Meeting requests appear in the “Inbox” of your “Mail” folder in Outlook, as they are essentially an email
Read more
No Comments

Prepare for an Interview- Tutorial

Prepare for an Interview- Tutorial: A picture of the list of travel-related questions you should consider before an interview.
Prepare for an Interview: Overview             In this lesson, we will talk about a few things you can do to prepare for an interview. You can start to prepare for an interview by thinking about your travel to and from the interview. Once the interview is scheduled, put the interview location into an Internet map
Read more
No Comments

Meal Expenses- Business Expenses for Sole Proprietors

Meal Expenses- Business Expenses for Sole Proprietors: A picture of the
Meal Expenses: Overview             In this lesson, we will look at some of the taxation rules related to business meal expenses. When a taxpayer incurs expenses for meals during the course of his or her trade or business, it is important to distinguish between meal expenses that are simply meal expenses, and meal expenses that
Read more
No Comments

Buy Business Expenses for Sole Proprietors Training

Buy Business Expenses for Sole Proprietors Training: A picture of the
Buy Business Expenses for Sole Proprietors Training- Now Available from TeachUcomp, Inc.             TeachUcomp, Inc. is pleased to announce the release of our newest tutorial, “Business Expenses for Sole Proprietors v.1.0.” When you buy business expenses for sole proprietors training from TeachUcomp, Inc., you explore the taxation rules related to a variety of business expenses
Read more
No Comments

Depreciation- Small Business Accounting Tutorial

Depreciation- Small Business Accounting Tutorial: Calculating straight-line depreciation for an asset.
Depreciation: Overview             Most companies own assets that have long useful lives. These can take the form of buildings, equipment, and vehicles. As explained in previous lessons, companies must follow the cost principle of GAAP (recording assets at cost). In order to allocate the cost of using the asset over a length of time, companies
Read more
No Comments

Introduction to Financial Statements- Tutorial

Introduction to Financial Statements- Tutorial: A picture from our video lesson, titled
Introduction to Financial Statements: Overview             This tutorial gives you an introduction to financial statements commonly used in accounting. There are multiple ways to communicate with users through financial statements. It is important to pick the correct statement in order to best communicate with the appropriate user.             Listed below are some important financial statements,
Read more
No Comments

Steps to Recognize Revenue in Accordance with Topic 606

Steps to Recognize Revenue in Accordance with Topic 606: A picture of the
The Core Principle and Required Steps to Recognize Revenue             FASB Accounting Standards Update No. 2014-09—Revenue from Contracts with Customers (Topic 606) provides new guidance on recognizing revenue that can be achieved by following 5 simple steps to recognize revenue. This blog post will identify the core principle of Topic 606 and the five steps
Read more
No Comments