ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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WRITE-UP SERVICE Definition
WRITE-UP SERVICE is the provisioning of all reporting requirements of bookkeeping and accounting services. The following is a non-exhaustive list of reporting services provided:
- 1099s report preparation for subcontractors
- Bank account reconciliation
- Check coding
- Fixed asset schedules
- Maintenance of general ledger
- Payroll deposit calculations
- Payroll tax filings
- Personal property tax returns
- Preparation of internal financial statements
Learn new Accounting Terms
VALUES is the beliefs of a person, corporation or social group in which they have an emotional investment (either for or against something), e.g. corporations formalize their ideals through publication of 'Corporate Values'.
CURRENT ASSETS are those assets of a company that are reasonably expected to be realized in cash, or sold, or consumed during the normal operating cycle of the business (usually one year). Such assets include cash, accounts receivable and money due usually within one year, short-term investments, US government bonds, inventories, and prepaid expenses.