Posted Oct 24 2026 by Sherman Hsieh
Month-end close checklist template for controllers: tasks by business day with preparer, reviewer and evidence columns, and guidance on each step. Read More
Posted Oct 24 2026 by Sherman Hsieh
How to estimate the allowance for doubtful accounts: aging and percentage methods, CECL rules, journal entries, a worked example and ERP automation. Read More
Posted Oct 24 2026 by Sherman Hsieh
Payroll journal entry guide for US accountants: gross-to-net entries, tax and benefit liabilities, department and job allocation, and payroll GL exports. Read More
Posted Oct 24 2026 by Sherman Hsieh
COGS journal entry explained: perpetual vs periodic entries, freight-in, shrinkage and variance adjustments, a worked example and how ERPs post COGS. Read More
Posted Oct 24 2026 by Sherman Hsieh
Depreciation journal entry examples: monthly straight-line and declining-balance entries, disposals, impairment, and 2026 book vs tax (MACRS, 179, bonus). Read More
Posted Oct 24 2026 by Sherman Hsieh
Adjusting journal entries explained: five types with debits and credits, a worked month-end example, auto-reversals, auditor AJEs and ERP setup. Read More
Posted Oct 24 2026 by Sherman Hsieh
Reversing entries explained: which accruals to reverse, accrued payroll and expense examples, double-count risk and ERP auto-reverse settings. Read More
Posted Oct 24 2026 by Sherman Hsieh
Accrued expenses journal entry examples for utilities, legal fees, GRNI, interest and bonuses, plus reversals, estimates and a support schedule template. Read More
Posted Oct 24 2026 by Sherman Hsieh
Deferred revenue vs unearned revenue: why both terms name the same liability, where ASC 606 contract liabilities fit, and a worked journal entry example. Read More
Posted Oct 24 2026 by Sherman Hsieh
Accruals vs deferrals explained: accrued revenue, accrued expense, deferred revenue and prepaid entries, reversals, balance sheet lines and close checks. Read More