Bookkeeping - Econaz

12 Aug

Contra Account What Is It, List, Examples, Vs Adjunct Account

June 12, 2025
By Riyad Hossain
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Properly documenting these contra accounts in your ledger can sometimes feel counter-intuitive since they operate in an opposite m...

12 Aug

Bookkeeping

Contra Accounts: Explained, Popular Types and Examples

June 12, 2025
By Riyad Hossain
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Rather than lowering the equipment account directly, a contra account called “Accumulated Depreciation” is used to show the reduct...

20 Jul

Bookkeeping

Not-for-Profit illustrative auditors report Resources

June 18, 2025
By Riyad Hossain
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After receiving your report, take the time to review the auditor’s suggestions carefully. Then, use their insights to improve in...

05 Jul

Bookkeeping

Financial Audit for Nonprofits: A Complete Guide

June 18, 2025
By Riyad Hossain
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Your CPA firm will have its own audit checklist of things they need to accomplish now to complete your audit correctly and on ti...

04 Jul

Bookkeeping

Six Sigma: A Comprehensive Guide to Quality Management

December 19, 2024
By Riyad Hossain
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Borrow from Six Sigma principles and conduct a fact-finding mission, evaluating where your team is already successful, what...

01 Jul

Bookkeeping

Top 10 Cons & Disadvantages: Six Sigma Certification

December 19, 2024
By Riyad Hossain
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In conclusion, Six Sigma is a strategy for improving the quality of manufacturing processes by lowering the number of defects fo...

19 May

Bookkeeping

Declining Balance Depreciation Method Explanation And Example

December 20, 2024
By Riyad Hossain
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To determine whether the business-use requirement is met, you must allocate the use of any item of listed property used for more...

19 May

Bookkeeping

What Are the Different Ways to Calculate Depreciation?

December 20, 2024
By Riyad Hossain
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To be depreciable, the property must meet all the following requirements. You can depreciate most types of tangible property (ex...

20 Dec

Bookkeeping

Free Annual Church Budget Template Edit Online & Download

December 25, 2024
By Riyad Hossain
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Some expenditures are fixed, such as rent, credit payments, and etc. Consider making a rational assessment of different expendit...

15 Dec

Bookkeeping

The Church Budget and General Fund: A Guide

December 25, 2024
By Riyad Hossain
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When creating a church budget, it is important to involve members of the congregation in the process. This can help ensure that ...