What Is A Suspense Account?
List the suspense account under “Other Assets” on your trial balance sheet. After you make corrections, close the suspense account so that it’s no longer part of the trial balance. The suspense account is classified as a current asset, since it is mo...
Wave Accounting Software Review
It was the cheapest option, and the most user-friendly looking. I have no background in finance and didn't want complex features built for accountants - Wave has those features, but only if you want them. Although QuickBooks Online is fairly user-fri...
Learn How to Make an Invoice Look Professional and Get Paid Faster
An invoice is a document that is always drawn up by the seller and sent to the buyer. The document contains a record of goods, their quantity and the price at which they were delivered, formal features of the items (color, weight), delivery conditions, information about the sender and recipient, their bank details. What areRead More