Tag Archives: accounting

what does allocation mean in accounting

In accounting, “allocation” refers to the process of distributing or assigning costs, revenues, or resources [...]

What Does Accounting Method Mean On Schedule C

Understanding Accounting Method on Schedule C When filing a Schedule C (Form 1040) to report [...]

What Does Py Mean In Accounting

Understanding “PY” in Accounting In accounting, the abbreviation “PY” commonly stands for “Prior Year.” It [...]

No Accounting For Taste Meaning

Meaning of “No Accounting for Taste” The phrase “no accounting for taste” is an idiomatic [...]