Sentences with phrase «revenue accruals»

• Assist with balance sheet and Travel / Expense reports reconciliations • Involved in journal entries and G / L account analysis, revenue accruals • Plan and manage sales through distributors and other relevant sales outlets.

Billing Specialist / Analyst / Import (1995 — 1999) • Oversaw billing and invoicing, preparing over 500 invoices a month, as well as facilitated imports, shipment clearance, and related customer service functions such as order entry • Address and resolve both customer and sales force inquiries in a timely and accurate manner • Worked closely with the account and sales professionals to ensure customer satisfaction while working on EDI Transactions such as 850 / 856 / UCC128 / 810 and 997 in close contact with the various related departments • Held responsibility for billing analysis by conducting research utilizing 3rd - party reporting systems to resolve billing issues • Monitored the status of accounts receivable and collections on daily basis, collaborating with appropriate departments to research outstanding balances and resolve customer issues as needed • Processed vendor invoices and related travel and expense reports while processing adjustments, credit memos, and invoices • Assisted with balance sheet and travel / expense reports reconciliations with involvement in journal entries and G / L account analysis along with revenue accruals and month - end general ledger closing • Planned and managed sales through various distributor channels and other relevant sales outlets • Monitored, recorded, analyzed and reported on activities, trends, results and recommendations relating to import activities

Assisted in month - end closing process by posting revenue accruals and collect data to prepare monthly reports.

Not exact matches

However, forecasting an accrual - based income statement won't tell you when your company will actually see cash from your revenue.

However, most startups use accrual accounting — recognizing revenue when it's earned rather than when payment occurs.

Consequently, the company using an accrual method of accounting will have records that show expenses and revenues for the landscaping job in the same month.

Average recognized revenue per test was unchanged at $ 485; note that the prior period included approximately $ 4.3 million, or $ 43 per test, related to the one - time impact of certain payers meeting the company's revenue recognition criteria for accrual - basis revenue accounting

This increase is due primarily to increased promotional activities, including commercial spend for anticipated expansion following successful REDUCE - IT results, and increased co-promotion fees, including an accrual for co-promotion tail payments as well as an increase in co-promotion fees calculated on increased gross margin resulting from higher net product revenue.

The accrual basis of accounting generally is preferred for the income statement and balance sheet because it more accurately matches revenue sources to the expenses incurred generating those specific revenue sources.

The accrual adjustments to date, especially for personal and corporate income tax revenues, may be understated.

Generally, external financial statements are prepared on the accrual basis of accounting, which means that assets and liabilities are recorded when they are committed to, and revenue and expenses are recorded when they are incurred (rather than when they are actually paid).

With the accrual method of accounting, you would record $ 2000 worth of revenue.

Although revenues are reported on an accrual basis, the timing of receipts vis - à - vis last year appears to have had a significant impact on the year - over-year results, thereby distorting the current results.

Accrual accounting recognizes revenues when they are earned not when the cash is received and expenses when a liability is incurred and not when the cheque is issued.

The accounting basis is not the same — the Estimates are on a cash basis of accounting while the Budget is on an accrual basis; the coverage is not the same — with the exception of the Guaranteed Income Supplement, tax expenditures are not included in the Estimates; and the Estimates are on a net basis, netting off revenues against applicable spending, while the Budget is on a gross basis, recording such charges / fees as revenues.

Still to come are the end - of - year accrual adjustments, including the final estimates for tax revenues and valuations adjustments for assets and liabilities.

The accrual adjustments to date, especially for personal and corporate income tax revenues, are understated, which will result in significant downward adjustments over the balance of the year, especially in the end - of - year accounting period.

The accrual adjustments to date for personal and corporate income tax revenues, could be understated, which will result in significant downward adjustments over the balance of the year, especially in the end - of - year accounting period.

For example, the year - over-year increases in corporate income taxes and GST revenues are well above the growth rates in their respective tax bases, which could be attributable to changes in the accrual adjustment ratios.

If the end - of - year accrual for personal income taxes comes in lower - than - expected, then budgetary revenues would be lower than forecast in the FES, by as much as $ 4 billion.

If the year - of - year accrual for 2017 - 18 mirrors those of the past two years, then the outcome for budgetary revenues should be in line with the FES forecast.

[3] Under accrual accounting, revenues are recognized when earned (economic event takes place giving rise to the revenues) not necessarily when it is received.

In addition, accrual adjustments with respect to previous years lowered EI premium revenues but increased personal income tax revenues by a comparable amount.

Still to come are the end - of - year accounting adjustments, primarily reflecting the final accrual adjustments for budgetary revenues and liabilities for program expenses.

Determination of whether an accrual or receipt is revenue or capital in nature is tested under existing jurisprudence (of which there is no shortage).

From 1990 to 2005, he was Director Fiscal Policy Division Department of Finance, responsible for overall preparation of the federal budget; preparation and assessment of medium - and long - term projections of federal revenues and expenses and implications for fiscal policy; analysis of fiscal conditions at both the federal and provincial levels; evaluation of various budget proposals; preparation of monthly Fiscal Monitor; with the Office of the Comptroller General (OCG), assessing and evaluating accounting standards proposed by the Public Sector Accounting Board (PSAB) of the CICA and recommending changes in government accounting policies; with the OCG, responsible for implementation of accrual accounting for the federal budget and the government's financial statements.

The diligence process explores the seller's revenues, gross margins, expenses, leases, labor and benefits, corporate allocations, working capital, accounts receivable, inventory, fixed assets, accounts payable, accruals and, to a lesser degree, financial forecasts.

The occupation also involves determining the boundaries of an accounting entity; recognizing and measuring revenues; matching revenues and expenses by applying methodologies such as accrual accounting and depreciation; defining and measuring costs by application of methodologies such as standard, process, job - order, and activity - based costing; and full disclosure on financial statements.

The accrual accounting method records revenues and expenses when they are incurred.

It helps to study revenue recognition policies, and it also helps to consider the buildup in accruals for accounts receivable.

If you need a summary statistic to look at, perhaps use normalized operating accruals or the days outstanding in the cash conversion cycle for receivables plus inventories minus payables as a fraction of revenues.

A company using accrual accounting must record revenues and expenses in the same period they are earned and incurred, respectively.

Under the accrual basis of accounting, you must record revenues and expenses in the accounting period in which they were earned or incurred, regardless of when payment occurs.

If you are using an accrual basis (meaning you account for revenue and expenses when they are earned rather ten when they are paid), then your income will include all months where the house was occupied, whether it was paid or not.

In what appears to be a bid to offer fewer and fewer redeemable miles to customers, airlines around the world have slowly been moving to a revenue - based system for mileage accrual.

There has been no announcement from Flying Blue but that screenshot is undoubtably showing mileage accrual for a revenue - based rewards system.

All three airlines have gone revenue - based for redeemable mileage accrual.

Based on the screenshot on Flyertalk an Ivory member would have to pay $ 1,820 for that trip to earn the same number of miles under the revenue - based accrual system (assuming Ivory members earn 4 miles / Euro).

Assuming that Flying Blue intends to push forward with revenue - based system for mileage accrual (and the screenshot would appear to suggest that it does) then most flyers can expect to see their earnings slashed.

At the time, sources from Cathay Pacific were reported to have told the China Morning Post that the proposed changes to the frequent flier program would include implementing a revenue - based accrual system fat favours «big spenders and premium cabin travellers over discounted - economy flyers»

Unfortunately most of the good fares are for travel after 1 August 2016 which is when American moves over to a revenue based system for the purposes of mileage accrual so don't expect to earn a bundle of AAdvantage miles on these flights.

Since American Airlines moved over to a revenue based system for mileage accrual most travelers have seen their AAdvantage mileage earnings plummet.

That «probably» turned in to a «definitely» when I worked out just how badly I was going to be affected by the airline's move to a revenue - based system for redeemable mileage accrual.

As of 1 August American Airlines has moved over to a revenue based mileage accrual system (more info here) so the number of redeemable AAdvantage Miles accrued is based on the fare — specifically the base fare + airline fees (taxes are not included).

Revenue - based mileage accrual (on UA, AA and DL) can result in very low earnings on long distance travel, compared to distance - based accrual, especially on cheap economy tickets.

Cash is King: Revenue Now Rules Frequent Flyer Program Accrual This report assesses how frequent flyer programs have become very revenue aware in the distribution of miles, points, and rewards to their mRevenue Now Rules Frequent Flyer Program Accrual This report assesses how frequent flyer programs have become very revenue aware in the distribution of miles, points, and rewards to their mrevenue aware in the distribution of miles, points, and rewards to their members.

Summary * Efficient and proactive in a Profit and Not - for - Profit Accounting * Government contract billing * General ledger account reconciliation * Accounts payable and receivable * Payroll * Financial Statement Preparation * Budget Preparation * Cost proposal for large government contracts * Month - end close activities (including journal entries, journal entries accruals, bank reconciliations, revenue analysis, budget prep...

• Provided assistance in month end book closings and prepared A / P accrual, balanced trade account, verified month to date revenue / statistical information and general assistance as needed.

Skills shown on example resumes of Revenue Accountants include setting up, maintaining, and preparing all records for 1099s, identifying and processing $ 300,000 plus of undistributed revenue, and processing monthly non-operated well volumes for acRevenue Accountants include setting up, maintaining, and preparing all records for 1099s, identifying and processing $ 300,000 plus of undistributed revenue, and processing monthly non-operated well volumes for acrevenue, and processing monthly non-operated well volumes for accruals.

Maintained positive relationships with clients and vendors, researched complex billing issues, prepared monthly client accruals, and tracked deferred revenue