Bookkeeping

Do I Need a Personal Accountant?

August 11, 2023 admin

Xendoo offers a dependable bookkeeping solution backed by responsive human support and a 30-day money-back guarantee. If you value reliability and personalized service – and don’t mind paying a premium for it – Xendoo is a solid choice. My name is Laura Velasquez and I am the...... Read more

Direct Write-Off Method vs the Allowance Method for Bad Debt

September 23, 2021 admin

The direct write-off method is used only when we decide a customer will not pay. We do not record any estimates or use the Allowance for Doubtful Accounts under the direct write-off method. This method violates the GAAP matching principle of revenues and expenses recorded in the same period...... Read more

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