Accounting and Bookkeeping Archives

Loan Interest Expense Made Easy

by Mike Krauss | Aug 23, 2021 | Accounting and Bookkeeping

Enter Loan Interest Expense every month or at year-end? While it is not wrong to book your loan interest expense at year end, my preference is to have that interest spread throughout the year. I created a spreadsheet to summarize the monthly journal entry to record...

Recording Prepaid Revenue Over Time

by Mike Krauss | Aug 3, 2021 | Accounting and Bookkeeping

Entering prepaid revenue (subscription revenue) and automating the allocation of prepaid revenue over time using QuickBooks Online.

How to Choose a CPA or Accountant

by Mike Krauss | Dec 13, 2020 | Accounting and Bookkeeping, Business Advisory

Choosing a CPA or accountant can be a difficult and time consuming process… And in the end, there’s no guarantee that you’ll find just the right person to meet your needs. I’m sure there are endless horror stories of bad accountants and CPAs who are…...

Loan Interest Expense Made Easy

Recording Prepaid Revenue Over Time

How to Choose a CPA or Accountant

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