
Accounting procedure guide. For small businesses.
Accounting Procedure Guide (Template) for Small Businesses. By Denise E. Heap. Available for the following: Nonprofits QuickBooks users - QuickBooks terminology to ensure ease of use Small to mid-size businesses - other accounting software Assumes accounting department with 1 - 5 full-time accountants, clerks, or bookkeepers. Includes: Summary of significant accounting policies Accountant's note and certification regarding division of responsibility Capitalization of property and equipment costs Cash receipts Accounts payable Accounts receivable Intercompany transactions Accounts or notes receivable: Officers and employees Petty cash transactions Budgets Inventory Fixed assets Research and development, and other design and engineering costs Allocation of salaries expense and related fringe benefits to various projects Project accounting Expense reports Travel and entertainment guidelines Authorizations and signatories Financial reporting, including IT-related issues Also include