Bookkeeping

For these companies, the Completed Contract Method of accounting allows revenue and expenses to be recognized — on certain long-term projects — only when the project is complete. For instance, a construction company builds a project on its land, aiming to sell to a customer once the project is completed. Lire la suite…

Each bank or credit union may evaluate their customer’s transaction history, account type, and overall banking relationship to determine the appropriate ACH payment limit. Consequently, two customers at the same bank may have access to different bank transfer limits. Banks also periodically review and adjust policies to match any updates Lire la suite…