Category: Journal Entries
What is a Journal Entry in Accounting? Definition & How to
June 24, 2020 by Michael Whitmire
Working with the former accountants now working at FloQast, we decided to take a look at some of the pillars...
How Do You Book a Deferred Commission Journal Entry under ASC 606?
October 27, 2017 by Chris Sluty
New revenue standard ASU 2014-09 Topic 606 (ASC 606) will significantly change revenue recognition for many of us, across all...
How Do You Book a Payroll Journal Entry?
October 27, 2017 by Chris Sluty
Payroll is probably one of the most common journal entries – and one of the most common for pitfalls and...
How Do You Book a Revenue Recognition Journal Entry Under ASC 606?
October 27, 2017 by Chris Sluty
ASU 2014-09 Topic 606 (ASC 606) codifies new revenue rules for virtually all industries. It went into effect for private...
How Do You Book Stock Compensation Expense Journal Entry?
October 27, 2017 by Chris Sluty
Stock options are a common way to attract, incentivize, and retain great employees. But recording stock compensation expense on your...
How Do You Book a Capitalized Software Journal Entry?
October 11, 2017 by Chris Sluty
If your company is unable to find off-the-shelf software that meets its needs, you may have employees or contractors building...
How to Book a Fixed Asset Journal Entry
July 25, 2017 by Michael Whitmire
We're going back to the basics in accounting, and the objective of this post is to walk you through the...
How to Book a Fixed Asset Depreciation Journal Entry
September 28, 2013 by Chris Sluty
Every company has fixed assets, you’re probably reading this on one right now. Fixed assets are purchases your company makes...