Sentences with phrase «for accounting purposes»

Companies have to put a value on their marijuana plants for accounting purposes, even though pricing and future demand are not yet known.

And they pay them just enough that they don't have to recognize a loss for accounting purposes.

This is a more efficient and flexible for accounting purposes.

Under the law passed last year, virtual currency is considered as an asset for accounting purposes.

Let's just assume they become inaccessible & are considered worthless for accounting purposes.

From a financial perspective, especially for accounting purposes, assets are the economic resources available to an individual or business.

Insurance companies can only recognize earned premium as revenue for accounting purposes.

Providing full - scale administrative, financial, and logistical support on various special projects while maintaining detailed corresponding records for accounting purposes.

Created clearer expenses reporting system for accounting purposes, and assisted with staff training of its use.

They also prepare and process transaction paperwork for account purposes.

We treat teams as one entity for accounting purposes, which means that we use total team production to calculate the commission split for each member.

Companies have to put a value on their marijuana plants for accounting purposes, even though pricing and future demand are not yet known.

This is a more efficient and flexible for accounting purposes.

There are a few exceptions to this rule; e.g., we own about 35 % of GEICO Corporation but, because we have assigned our voting rights, the company is treated for accounting purposes as a less - than - 20 % holding.

The Company does not accrue as a receivable interest on loans for accounting purposes if there is reason to doubt the ability to collect such interest.

There are a few exceptions to this rule; e.g., we own about 35 % of GEICO Corporation but, because we have assigned our voting rights, the company is treated for accounting purposes as a less - than - 20 % holding.

The LLC helps me keep things separate for accounting purposes.

Fiscal Year — A 12 - month period used for accounting purposes and preparing a business's financial documentation.

And, from a theoretical standpoint, it measures the same thing, except that it is an asset measure, and that M3 incorporated repos and eurodollars, which I think are off the balance sheet for accounting purposes, but should be considered for economic purposes.

Skeptical analysts have homed in on increases for accounting purposes regarding money related to contract work Logica has completed but for which it has not yet submitted bills - so - called deferred revenue.

Also, this platforms provide receipts for accounting purposes and democratically resolve disputes between partners.

I envision a variety of business models in use, but if nothing else, libraries could buy multiple e-copies (or at least «copies» as they would exist for accounting purposes) of popular e-books, just as they can now under arrangements with OverDrive and other vendors.

The hard or electronic copy of all activity on a particular account during a cycle provided to consumers or corporations so that they can both pay their bill and have a record of their account activity for accounting purposes.

The property was originally acquired in 1996, but was revalued upward in connection with the Consolidation in 2001, which was treated as a purchase for accounting purposes.

This helps keep your personal and business expenses separate, which can be a lifesaver for accounting purposes and maintaining your personal credit score.

When a company sells its oldest inventory first (or assumes to do so for accounting purposes), it is effectively using FIFO.

WestJet submitted a report of accountant Brenda Pask which confirmed that, while it had been showing a profit for accounting purposes, it had been reporting a loss for tax purposes.

That was before computers were used in law firms (except perhaps for accounting purposes), and before the Internet.

Fiscal Year: A repeating twelve - month period chosen by a business for accounting purposes.

This is a logical choice for accounting purposes.

At first, the Provinziano firm used QuickBooks for accounting purposes, but according to Provinziano the platform was insufficient for their needs since it was «difficult to use and time consuming, due to the redundancy of duplicate entries and procedures.»

Is there a separate postal address for each apartment that you could use as a distinguishing factor for accounting purposes?

Uber considers adjusted earnings before taxes as a better indicator of its financial performance rather than net earnings based on Generally Accepted Accounting Principles, which include losses for accounting purposes.

Given that Centro is under constant scrutiny because of its credit problems, the firm had to include that statement in the report for accounting purposes, she says.

That is to say, I refuse to age at all, other than for accounting purposes and to get discounts, which seem to kick in at movie theaters and hotels at 62 — six years away.

For accounting purposes, these transactions are regarded as operating leases and the peppercorn rent charged to the Statement of Financial Activities as it is incurred with future commitments disclosed in the notes to the financial statements.

You have run across a prime example: for accounting purposes, the mortgage payment is drawing down your pre-existing loan (although the portion attributable to interest each month would be an accounting expense).

(Charging off a debt is a strategy used by the original creditor to move the balance you owe from an asset to a liability, for accounting purposes.

Using the repo market to hold long assets, thus disguising it for accounting purposes as short assets

Often the debt is sold at the point of charge - off, the time when the creditor moves the amount due from one column to another for accounting purposes.

Individual inventory items do turn to cash within 12 months and thus are, for accounting purposes, called current assets.

CHECKING SUB ACCOUNTS: For accounting purposes, all checking accounts consist of a checking sub account and a savings sub account.