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Activity stream for all registered members at Accountant Forums .

  1. Barca posted a new thread.

    UK Cost of goods sold when selling cups of coffee

    For a coffee bar business, how do you calculate the cost of goods sold for the purpose of the accounting records? Do you simply check...

    Forum: General Accountancy Discussion

    Nov 24, 2017 at 9:20 PM
  2. VIMGA posted a new thread.

    Canada AGM held in 2018, want accounting in 2017

    Our non-profit society held its 2017 AGM in November 2017. Out fiscal year, however, starts on Nov 1, so our 2017 AGM was held in the...

    Forum: Technical Queries

    Nov 24, 2017 at 6:09 PM
  3. Drmdcpa replied to the thread USA S Corp Foreign Earned Income Exclusion.

    If you meet the exclusion it will only be for salaries. S corp distributions are not earned income. I am assuming you are a US citizen....

    Nov 24, 2017 at 2:08 PM
  4. ashvinisri posted a new thread.

    India Hi

    Hi friends. I am new to this forum.

    Forum: General Accountancy Discussion

    Nov 24, 2017 at 9:37 AM
  5. M71893 posted a new thread.

    USA S Corp Foreign Earned Income Exclusion

    Hi, I am the Sole Owner of an S-Corporation. I am living overseas and qualify for the Foreign Earned Income Exclusion via the physical...

    Forum: General Tax Discussion

    Nov 24, 2017 at 12:30 AM
  6. Drmdcpa replied to the thread UK Accounting theory question.

    Yes and no. When preparing cash flow from operations using the indirect method any short term part of the note affects working capital;...

    Nov 23, 2017 at 9:50 PM
  7. Fidget replied to the thread UK Accounting theory question.

    Income is money generated by means of your job or a business operation... a payable note is basically a loan... and is therefore not income.

    Nov 23, 2017 at 7:40 PM
  8. Barca posted a new thread.

    UK Accounting theory question

    If you buy equipment for a business on a notes payable, should the notes payable amount be added onto the Net Income in the cashflow...

    Forum: General Accountancy Discussion

    Nov 23, 2017 at 3:18 PM
  9. Nick G replied to the thread Import BillPayment (check) via IIF file.

    Any luck resolving this? I got the same problem.............

    Nov 23, 2017 at 2:18 PM
  10. Fiona Amudala posted a new thread.

    Australia Software for private primary/secondary school

    Hi all I am posting on behalf of a college board. We are in the process of changing business manager. The manager has been in place...

    Forum: Accounting Software

    Nov 23, 2017 at 10:39 AM
  11. Jack7527 posted a new thread.

    IFRS16: How to eliminate operating lease in Consolidated FS

    As we know about IFRS16, we can see that the accounting for operating leases is asymmetrical: both lessees and lessors recognize the...

    Forum: General Accountancy Discussion

    Nov 23, 2017 at 10:36 AM
  12. Nodrog replied to the thread USA Do I need to keep in my books an employee's 403B loan?.

    Can I assume that you are deducting these loan repayments directly from his salary (as authorized by the employee) and this is then to...

    Nov 22, 2017 at 10:23 PM
  13. Drmdcpa replied to the thread USA Sell Partnership.

    The gain should be 5k. The selling partner is recieving 105k (5k in cash and 100k in debt relief); basis is 100k of recourse debt.

    Nov 22, 2017 at 8:18 PM
  14. TXcpamedical posted a new thread.

    USA No charge asset purchase commitment

    We entered into a purchase commitment in which we received an asset valued at $55,000 for no charge. We agree to purchase at least...

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    Forum: General Accountancy Discussion

    Nov 22, 2017 at 7:40 PM
  15. JAMES D. BRIGGS posted a new thread.

    USA Sell Partnership

    I have a situation where we are trying to sell a partnership interest to the other 50% owner. The selling partner has a zero basis on...

    Forum: Businesses / Corporations

    Nov 22, 2017 at 6:15 PM
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