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Accounting Insights

Business and Accounting Technology

What Does in Thousands Mean on Financial Statements?

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Decode “in thousands” on financial statements. Learn to accurately interpret financial figures and understand this essential reporting convention.

What Is a General Ledger (GL) Code in Accounting?

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Discover how General Ledger (GL) codes form the backbone of financial organization, enabling precise accounting insights and reporting.

How to Calculate Weighted Average: Formula & Examples

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Master weighted averages. Understand the formula, key components, and diverse real-world applications where importance matters.

Bi-Weekly Pay: How Many Pay Periods in a Year?

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Understand bi-weekly pay periods, why you might receive 26 or 27 paychecks, and how this impacts your annual income flow.

What Is FITW on Your Pay Stub & How Is It Calculated?

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Understand the federal tax deduction on your pay stub. Learn how your FITW is determined and how to adjust it for optimal financial planning.

Where to Find TSP Account Number on Annual Statement?

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Quickly locate your Thrift Savings Plan (TSP) account number. Essential guidance for federal employees and military personnel managing their retirement.

Where to Report a 529 Plan on the FAFSA

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Discover how 529 plans are factored into FAFSA calculations and their effect on student financial aid eligibility.

How to Send Money With Just an Account and Routing Number

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Learn how to securely send money using just an account and routing number. Simplify your bank-to-bank transfers.

What Is the SG Modifier and When Should You Use It?

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Demystify the SG modifier in medical billing. Learn its purpose, precise application, and crucial role in accurate claims and reimbursement.

Which 50 Cent Pieces Are Silver & What Are They Worth?

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Explore the historical precious metal content of certain 50-cent pieces to understand their intrinsic and collector value.

What Is Modifier XS and When Should You Use It?

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Understand Modifier XS in medical billing. Learn its purpose, application, and how it clarifies distinct services for accurate claims.

How to Calculate Absorption Costing: Formula & Examples

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Learn how absorption costing precisely determines product costs, impacting inventory valuation and financial reporting for businesses.

Do I Pay Capital Gains Tax on Inherited Property?

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Learn how capital gains tax applies to inherited property. Understand key rules for determining your tax liability upon sale.

Can You Bill an Office Visit and Hospital Visit on the Same Day?

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Discover the nuances of billing both an office and hospital visit on the same day. Learn the precise conditions for compliant reimbursement.

What Is an E-Gift Card and How Does It Work?

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Understand e-gift cards: what they are, their full lifecycle from buying to using, and where they’re accepted. Your guide to digital giving.

How Long Should You Keep Business Records?

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Ensure compliance and efficiency. Discover how long to keep your business records for legal, tax, and operational needs.

What Is a KX Modifier for Medicare and How Is It Used?

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Navigate Medicare billing complexities with the KX modifier. Learn how to ensure compliant claims and appropriate reimbursement for specific services.

What Is My Billing Zip Code and How Do I Find It?

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Understand the critical role of your billing zip code and learn easy ways to locate it for smooth, secure online payments.

Do Nonprofits Pay Unemployment Tax? The Rules and Options

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Nonprofits face specific unemployment tax rules. Discover your organization’s options, responsibilities, and state compliance requirements to manage costs.

What to Do If a Payment Due Date Falls on a Sunday

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Unravel the complexities of financial deadlines. Learn how non-business days affect your payment schedule for stress-free compliance.

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