Petty Cash: Meaning, Accounting, Management, and Examples

Thus, the difference is only reconciled when the petty cash box must be replenished. A petty cash fund will undergo periodic reconciliations, with transactions also recorded on the financial statements. In larger corporations, each department might have its own petty cash fund. If it is determined that an existing petty cash fund is no longer […]

How Variable Expenses Affect Your Budget

Perhaps a company will allow you to bundle them and save a chunk of cash versus your current providers. Some expenses fluctuate from month to month, while others remain the same. Your payment for rent typically remains the same monthly, but how much you spend on groceries or your monthly utility bill changes constantly. Monthly […]

WestGate Mall in Spartanburg SC listed for sale Here’s what to know.

The price paid for Allianz House reflected a capital value of just over €672 per sq ft based on the eight-storey over-basement office building’s 86,272 sq ft footprint. The username or password you entered is incorrect. Remember passwords are case sensitive. The development is well connected by public transport with numerous Dublin Bus routes serving […]

Law Firm Bookkeeping and Accounting: A Completed Guide 2022

Our recommendation is Bench for lawyers looking to grow their practice and spend more time on revenue-generating activities such as client development or billing. Next, you’ll withdraw money from the IOLTA account and transfer it to your firm’s account after invoicing a client and receiving their approval to pay the law firm bookkeeping fees. Now […]