August 2022

QuickBooks Review 2023 Sonary Accounting Software

QuickBooks offers online chat and phone customer support 6am – 6pm PST during the week, and 6am – 3pm on Saturdays. Customer support is fairly responsive, although a few online have complained about reaching them. Established in 2000, QuickBooks Pro is a desktop-based product that is more mature than its web-based sibling. However, QuickBooks Online …

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Long-Lived Assets

Content Goodwill Impairment Impairment Loss Explained Reversing impairment losses for cash-generating units As such, goodwill acquired in a business combination is allocated to each of the acquirer’s CGU that is expected to benefit from the synergies of the combination. The recoverable amount is the higher of an asset’s or CGU’s fair value less costs of …

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