by pay@crispino.us | Nov 17, 2025 | Assets, Chart of Accounts, Terminologies
Funds held as security for future services, leases, or utilities. For example, a rental security deposit recorded as an asset until refunded or applied. It provides assurance that obligations will be met.
by pay@crispino.us | Nov 15, 2025 | Chart of Accounts, Expenses, Terminologies
Costs of transporting goods to customers or between facilities. Essential in supply chain-heavy industries. May be charged to customers or absorbed by the company.
by pay@crispino.us | Nov 8, 2025 | Chart of Accounts, Equity, Terminologies
Company’s own shares that were repurchased from shareholders. It reduces equity since these shares are no longer outstanding. Often used for stock compensation or market stabilization.
by pay@crispino.us | Nov 4, 2025 | Chart of Accounts, Income, Terminologies
Income from workshops, courses, or other educational services. Can be billed per session, subscription, or certification. Increasingly common in digital learning businesses.
by pay@crispino.us | Nov 2, 2025 | Chart of Accounts, Liabilities, Terminologies
Long-term liabilities for leased property or equipment under accounting rules. Depending on terms, leases can be operating or finance leases. Recognized on the balance sheet to show commitments.
by pay@crispino.us | Nov 1, 2025 | Chart of Accounts, Equity, Terminologies
Sometimes used to track running balances of contributions, withdrawals, and allocations for ease of monitoring. It provides a clear view of how much the owner has taken out or put in during a period. At year-end, balances typically roll into the capital account.
