Businesses use accounting methods to record, track and analyze financial transactions. Within an accounting cycle, such as a month or calendar year, businesses can look at gross and net totals for a ...

A sales discount is a price reduction a company offers a customer as an incentive to pay an invoice within a certain time period. Using the net method of accounting for sales discounts, record the ...

Payroll may be one of the most disliked tasks, but it’s also one of the most critical in many businesses and practices. With ever-shifting hours and earnings, as well as withholdings that may differ ...