Capitalizing R&E expenditures requires detail focus

Countries like Canada and the United Kingdom offer generous R&D tax incentives, which can include refundable tax credits or enhanced deductions. In Canada, the Scientific Research and Experimental Development (SR&ED) program provides tax credits that can be refunded even if…

FIFO vs LIFO: How to Pick an Inventory Valuation Method

The method allows them to take advantage of lower taxable income and higher cash flow when their expenses are rising. There are a number of factors that impact which inventory valuation lifo fifo calculator method you should use. Tax considerations…

Bank Reconciliation Accounting Software

To reconcile, simply compare the list of transactions on your bank statement with what’s in QuickBooks. Make sure you enter all transactions for the bank statement period you plan to reconcile. If there are transactions that haven’t cleared your bank…

Bank Reconciliation Accounting Software

To reconcile, simply compare the list of transactions on your bank statement with what’s in QuickBooks. Make sure you enter all transactions for the bank statement period you plan to reconcile. If there are transactions that haven’t cleared your bank…

Balance Sheets 101: What Goes on a Balance Sheet?

Which of the following will reduce the reserves/money supply in the banking system and economy overall? This process involves the consideration of various factors such as cultural, political, and economic differences in different regions. A feature of international corporate planning…