Skip to content Parking fines are issued to the person who drove the car and not to the company that owns the car. So, if a parking fine is issued, it is not the company but the person who drove the car that should pay it, regardless of whether it was incurred during a business trip or not. […]
Parking fines are issued to the person who drove the car and not to the company that owns the car. So, if a parking fine is issued, it is not the company but the person who drove the car that should pay it, regardless of whether it was incurred during a business trip or not.
Introduction Depreciation is a crucial concept for small businesses, impacting financial reporting and tax calculations. This guide demystifies depreciation, explaining its importance in layman’s terms, especially under the K2 accounting framework commonly used by smaller
Parking fines are issued to the person who drove the car and not to the company that owns the car. So, if a parking fine is issued, it is not the company but the person
Introduction Accrual is a fundamental accounting principle crucial for small businesses. This page introduces the concept of accruals, their purpose, and significance for small businesses, especially under the K2 framework. What are Accruals? Accrual involves
