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I like the idea that I can go back and fill in the parts of a report that I couldn't finish in one sitting. This will a big help to me in my newly appointed position.
2015-04-23
This has been very helpful. My only problem is a tried to sign up for a monthly membership and I ended up getting charged and receiving a year membership. That part is a bit confusing.
2016-11-01
Used PDF Filler to create 1099's for caregivers for my aunt and uncle. It was a good experience overall. I wish that I did not have to re-enter my information again for each of the 1099's.
2018-01-29
I love this app
I love this app, it makes sure to compensate for all the things which you would need to do for schoolwork. Personally though, I think it would make more sense to market it with ads rather than subscription. This is really useful for students who are homeschooled or aren't able to go to school and students usually don't have much in their pockets to pay for these kinds of things.
2020-03-26
Easiest way to send contracts
We use this for business contracts in the wedding industry. At first, it was not easy to receive contracts back but with upgrading our account that has become easier.
Ease of use to send out contracts for electronic filling and filing
Sometimes it is confusing where the contracts end up once filled. Having to pay extra for certain capabilities isn't feasible for a small startup business
2019-05-16
Filling PDF files for formal use
The product is very easy to use and intuitive, I didn't feel something was missing from my work with the application, in addition, it's global availability is a great advantage.
The product offer mainly online editing, which makes it hard in case you wish to work on the flight or just go offline, in addition, the free use is not exactly free as it asks for a payment prior the file conversion.
2018-06-28
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2021-08-09
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2021-02-11
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2020-04-19
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How is warranty period calculated?
Divide the amount of your actual warranty claims in the most recent year by your total sales in the same year to calculate your warranty claims as a percentage of sales. For example, if you had $1,600 in warranty claims and $80,000 in sales, divide $1,600 by $80,000.
How is warranty expense calculated?
Warranty expense is the cost that a business expects to or has already incurred for the repair or replacement of goods that it has sold. Accrue the warranty expense with a debit to the warranty expense account and a credit to the warranty liability account.
How is warranty calculated?
Divide the amount of your actual warranty claims in the most recent year by your total sales in the same year to calculate your warranty claims as a percentage of sales. For example, if you had $1,600 in warranty claims and $80,000 in sales, divide $1,600 by $80,000.
Where does warranty expense go on income statement?
The expense should be reported on the income statement at the time that the sale of the product is reported in order to comply with the matching principle. A related account, Warranty Payable or Warranty Liability is also established at the time of the sale.
How do you identify warranty revenue?
Identify the customer contract(s) Identify the performance obligation(s) in the contract. Determine the transaction price. Allocate the transaction price to the performance obligation(s) in the contract.
What is warranty revenue?
Accounting for extended warranties by product seller or manufacturer. It is still a liability, similar to standard warranty reserves. However, extended warranties become earned revenues over the coverage effective period and are fully recognized into revenue at the time extended warranty contracts expire.
How is warranty revenue calculated?
If you estimate that 1 percent of revenues will pay for warranty costs, multiply $100,000 by 0.01 to find the warranty liability of $1,000. At the start of the accounting period, record the warranty liability. In this example, debit the warranty expense account and credit the warranty liability account for $1,000.
Is warranty a separate performance obligation?
Generally, assurance-type warranties are not considered a separate performance obligation. These types of warranties do not provide an additional good or service to the customer, because the selling entity has effectively provided a guarantee of quality and that the product will meet its agreed-upon specifications.
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