The two most important parts of an invoice are the payment terms, the amount due, and payment options. Before you even begin to calculate your freelance rates, it’s important to understand how to pay taxes as a freelancer and how that should factor into Food Truck Accounting your rates. Google Pay offers a multitude of… Continue reading How to receive payments from freelance platforms easily in 2025
Category: Bookkeeping
How to Record Asset Disposal in Financial Statements
When an asset is sold for more than its Net Book Value, we have a gain on the sale of the asset. We are receiving more than the truck’s value is on our Balance Sheet. The fair market value QuickBooks of pp&e is typically determined by an independent appraisal. This appraisal will take into account… Continue reading How to Record Asset Disposal in Financial Statements