Omnipress offers several options for printing and fulfilling your course materials. We’ll help you determine what works best for you based on print quantity, print frequency of each title, and how often you update your content. Print your entire quantity at once and ship to your organization, to a course site, or to individual learners.
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Pair your printed course book with practice exams, worksheets, completion certificates, pens, highlighters, and other premium items so participants and instructors have everything they need for the class. Ship in bulk to the course site or to individuals.
They are also extremely durable. Omnipress offers several options for printing and fulfilling your course materials. We’ll help you determine what works best for you based on print quantity, print frequency of each title, and how often you update your content.
Book of Accounts is a book where you record all the financial transactions of the business. Entries in the books of accounts are required to be supported with documents such as official receipts, sales invoices, vouchers and other related supporting documents evidencing the business transactions occur.
Fixed assetsFixed assets can include buildings, computer equipment, software, furniture, land, machinery, and vehicles.
A journal is a book where you record each business transaction shown on your supporting documents. You may have to keep separate journals for transactions that occur frequently. A ledger is a book that contains the totals from all of your journals. It is organized into different accounts.
The most basic method used to record a transaction is the journal entry, where the accountant manually enters the account numbers and debits and credits for each individual transaction. This approach is time-consuming and subject to error, and so is usually reserved for adjustments and special entries.
OFFICE EQUIPMENT / FURNITURE (Fixed Asset) Examples include computers, major software programs like Photoshop, desks, printers, etc. These are all individual fixed assets that cannot be 100% expensed in the year they were bought.
Account TypesAccountTypeDebitSUPPLIESAssetIncreaseSUPPLIES EXPENSEExpenseIncreaseTRADING SECURITIESAssetIncreaseTREASURY STOCKContra EquityIncrease90 more rows
A general journal entry is a record of financial transactions. These entries are made in the order that the transactions occurred. General journals typically contain information about things like cash receipts and payments. In addition, they can also contain inventory balances, purchases and sales.
Recording a transaction is also known as journalizing.
Based on the exchange of cash, there are three types of accounting transactions, namely cash transactions, non-cash transactions, and credit transactions.
They are:Opening entries. These entries carry over the ending balance from the previous accounting period as the beginning balance for the current accounting period. ... Transfer entries. ... Closing entries. ... Adjusting entries. ... Compound entries. ... Reversing entries.
There are various types of journals including:academic/scholarly journals.trade journals.current affairs/opinion magazines.popular magazines.newspapers.
How to post journal entries to the general ledgerCreate journal entries.Make sure debits and credits are equal in your journal entries.Move each journal entry to its individual account in the ledger (e.g., Checking account)Use the same debits and credits and do not change any information.More items...•
Equipment is not a current asset, it is classified in accounting as a “Noncurrent asset”. Noncurrent assets, such as buildings and equipment, are assets needed in order for a business to operate, with no expectation that they will be sold or converted to cash. Noncurrent assets are also referred to as “Fixed Assets”.
Examples of fixed assets include land, machinery, vehicles, furniture, computer equipment, buildings, and other equipment. Fixed assets differ based on a company's business operations.
Examples of fixed assets include manufacturing equipment, fleet vehicles, buildings, land, furniture and fixtures, vehicles, and personal computers.
Computer equipment. Includes all types of computer equipment, such as servers, desktop computers, and laptops. Computer software. Usually only includes the most expensive types of software; all others are charged to expense as incurred.
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Storing and Disposing of Final Exams. Final exams must be retained for 13 months after they are taken. Midterms and other course materials do not need to be saved. Scans uploaded to Gradescope are sufficient; the paper exams do not need to be saved in that case.
A Cal1 ID Card is required to borrow keys and cards necessary for using the machines. You are expected to return these items promptly after you have finished your job. For in-depth instructions: Copying Instructions. Scanning Instructions.
Paper exams can be stored by the Department. Instructors can submit EE final exams to the Cory Hall Front Desk and CS final exams to the Soda Hall Front Desk. Students will be able to access their exams through the Front Desks for 13 months and then they will be shredded.
Late submissions may still be processed, time permitting, but the delivery time cannot be guaranteed. If you are unable to meet the deadline, you may use the copy rooms to make copies by picking up a copy card in the Cory or Soda Hall Front Offices on weekdays, 8:00 am-12:00pm, 1:00pm-4:30pm.
I nstructors typically create materials for their courses such as lectures, handouts, and supplementary readings and materials. In an online course, you may choose to expand or improve these instructor-created resources so they comprise a larger portion of the course content. Additionally, as you develop and teach your course for the first time in an online format, you may find that you are thinking so much about how to get the needed materials available to students, that you don’t have time to make those materials as thorough or as professional-looking as you might like. That is a normal part of online teaching. The first iteration of a course helps us see where the gaps are, where we have room for improvement. Every time you teach this same course again, you can make small changes that add up to a lot over time.
Audio recording. In contrast with a video lecture, audio lectures don’t take up much bandwidth and don’t require any special background or lighting to do well. That is useful for those of us creating lectures from home, possibly late at night after the kids go to sleep, or in spaces we don’t want to display.
Video can be a highly useful tool, but it is not the only way to present your course materials to students. In fact, if you choose to create videos and need to edit something during the course or before you teach the course again, with video that typically means recording a whole new video.
Vanderbilt has campus licenses for Kaltura , which has a built-in screencasting tool, and Zoom. Zoom allows you to open up a Zoom meeting in which you are alone with no guests and use the Zoom whiteboard, screen sharing, webcam, and other useful features to record an engaging lecture video for your students to watch later.
How To: If you are at Vanderbilt and use Zoom, you can follow these instructions for recording a class meeting. Once Zoom sends you the link to the video and online transcript, you can post the link in your Brightspace course so students can review it.
How To: The CFT’s Digital Media Specialist, Carly Byer, manages the studio. You can schedule an orientation session to learn more about the room or book recording time through My Calendly. You are also welcome to contact Carly directly at 615-343-0217 or [email protected].
In comparison to other industries, like retail or manufacturing, construction contracting has several distinct traits from an accounting perspective.
In construction, production contracts can last years and have multiple, extended payments over that time. Contract terms commonly allow 30, 60, even 90 days or more to pay invoices. Retainage withholding or disputes can delay payment even longer. As a result, revenue recognition and cash management in construction both carry special considerations. Contractors need precise tracking and reporting, as well as collection and cash-flow strategies.
Apart from multiple prevailing wage and union rates, contractors commonly deal with multiple rates for numerous other reasons. Working on jobsites in multiple cities and states, employees may have multiple tax withholdings all within a single payroll.
Whether talking about billing, production or labor, contractors operate their business primarily around projects. The financial focus revolves around each job. Think of any other business, such as a chain of designer cupcake shops or a pneumatic-valve manufacturer. There, managers might treat each store, plant, product line, or the entire business as a “profit center.” For most industries, these are stable and predictable.
Revenue recognition or income recognition is how a contractor determines when they’ve officially made money on a project. It also helps determine when they should officially record an expense. Remember, this comes into play because construction contracts are usually long-term and often have delayed payments. Contractors aren’t necessarily able to complete, bill and collect on a contract in the same month. In fact, for many contractors, this never happens.
Remodel), Cost Code 100 (Foundation), Cost Class “MAT” (Materials). Some might also categorize costs by project phases or sub-jobs, like floors of a structure or buildings in a development. The system of categories the contractor uses across all of their jobs is called the job cost structure.
Job costing can measure several different aspects of a project in order to improve estimates and budgeting. While financial reporting from the G/L just looks at dollars, contractors can use job costing to track:
Storing and Disposing of Final Exams. Final exams must be retained for 13 months after they are taken. Midterms and other course materials do not need to be saved. Scans uploaded to Gradescope are sufficient; the paper exams do not need to be saved in that case.
A Cal1 ID Card is required to borrow keys and cards necessary for using the machines. You are expected to return these items promptly after you have finished your job. For in-depth instructions: Copying Instructions. Scanning Instructions.
Paper exams can be stored by the Department. Instructors can submit EE final exams to the Cory Hall Front Desk and CS final exams to the Soda Hall Front Desk. Students will be able to access their exams through the Front Desks for 13 months and then they will be shredded.
Late submissions may still be processed, time permitting, but the delivery time cannot be guaranteed. If you are unable to meet the deadline, you may use the copy rooms to make copies by picking up a copy card in the Cory or Soda Hall Front Offices on weekdays, 8:00 am-12:00pm, 1:00pm-4:30pm.