Counting Accounting

Benefits of Accrual Accounting

Accrual accounting is a method used by companies to record financial transactions and events, even if cash has not yet been received or disbursed. This method is considered to be one of the most comprehensive and accurate accounting methods, as it p…

Base Pay Rate Overview and Explanation

What is the Base Pay Rate? Base pay rate refers to the minimum amount of money an employee is paid for their work, excluding any additional bonuses, commissions, or overtime pay. This rate is established by an employer and is used as the starting po…