Aug 26, 2015 · How it’s classified and at which useful life it will be classified at depends on the signage. If it’s a monument signage attached to the ground, such as an entrance to the business, it can be …

Oct 30, 2015 · Is anyone aware of an accounting policy statement supporting treatment of credit card fees as an offset against revenue (e.g., cost of services sold) as opposed to an operating expense? …

Oct 29, 2015 · Our company is to receive a signing bonus for entering into a multi-year contract with a vendor. When do we recognize the signing bonus received? Do we take it all at once or over the life …

Oct 30, 2015 · I currently show a revenue line on my income statement line for “Vendor rebates.” I see GAAP guidance that VENDORS should record rebates as a reduction in their sales prices, but how …

By hosting an event, it may involves transportation cost, accommodation cost, advertising cost and so on. How do you account for these expenses? Need to put into different accounts or just under an …

Jul 8, 2015 · This is what I do in our company books. Small, private company. Capitalization minimum for one-off long term use assets (planned or not) -- $1,000. Under $1,000, expense. However, if …

Oct 29, 2015 · My company has recently gone through a re-branding initiative for one of our divisions. We spent a lot of money on a new logo, slogan and various other design items. The benefit of all this …

Jul 27, 2015 · I agree with the consensus here, below the line. Although a good argument can be made that this is a flexible cost and thus deserves to be a component of COGS; credit card fees are a form …

Like so many income tax laws that make no sense to John Q, there are all kinds of false assumptions about the tax write off related to signage on the vehicle, carrying tools, commute vs business use, etc.

Aug 1, 2011 · Example – One way that FMV language can be constructed to favor the Lessor is for the FMV definition to be “in-place” versus “de-installed and available for delivery.” Consider a retail store …