> Cash Letter
A group of checks accompanied by a paper listing sent to a clearinghouse, a Federal Reserve Bank, or another institution. A cash letter contains a number of negotiable items, mostly checks, accompanied by a letter that lists the amounts and instructions for transmittal to another bank. May also be called a transmittal letter.
While most people regard accounting as boring and tedious work, it's arguably the most important part of running a business. Oregon accountants keep track of what money is coming in and what money is going out. But if your company gets stuck with a disgruntled or corrupt employee, you can find that the business could be owing money to the government and that it's in worse financial shape than it is on paper. With the help of an accounting professional in Oregon, you could straighten everything out quickly.
[2] Excludes excise taxes collected,[3] Includes tax-exempt organization,[4] Collections of tax (withheld and not withheld) [5] Includes estimated tax. [Money amounts are in thousands of dollars] in Oregon
Total Internal Revenue collections [2]
20,068,016
Corporation income tax [3]
1,417,281
Total [4,5]
18,153,239
Income tax not withheld and SECA tax [4,5]
4,143,337
Induvidual income emploment taxes withheld and FICA tax [4]
13,917,407
Source: Internal Revenue Gross Collections, by State, Fiscal Year 2001
Accountants are responsible for a wide variety of duties. They make sure that a company is run efficiently, that records are kept accurately and that taxes are paid on time. Generally, accountants will prepare, analyze and verify financial documents.
There are four types of Oregon accountants:
Public Accountants
Management Accountants
Government Accountants
Internal Accountants
Each accountant specializes in one particular field to provide specialized services for a company or for private clients. Their expertise is especially important at large public companies who are forced to disclose their financial status to investors or the Securities and Exchange Commission. But if the government discovers discrepancies in a company's financial records, the company and its executives could be in some big trouble: They could face hefty fines and jail time.
Our Oregon Accountants can guide you through many circumstances arising from starting your own business and also assist you with all of your tax questions.
Some typical issues Oregon Accountants may help you with include:
Auditing
General Accounting
Business Matters
Financial Planning
Mergers and Acquisitions
Contact our Oregon Accountants
If you live in the following cities and need an accountant, you should contact our Oregon Accountants as soon as possible:
Albany
Ashland
Beaverton
Bend
Canby
Central Point
Clackamas
Coos Bay
Corvallis
Cottage Grove
Dallas
Eugene
Forest Grove
Grants Pass
Gresham
Hermiston
Hillsboro
Hood River
Klamath Falls
La Grande
Lake Oswego
Lebanon
Mcminnville
Medford
Newberg
Ontario
Oregon City
Pendleton
Portland
Prineville
Redmond
Roseburg
Salem
Sherwood
Springfield
The Dalles
Troutdale
Tualatin
West Linn
Wilsonville
Woodburn
Did You Know?
You want to hire an accountant that practices GAAP.
Generally accepted accounting principles (GAAP) are the accounting rules used to prepare financial statements for publicly traded companies and many private companies in the United States.
Oregon Audio & Video
Accounting Standards
Audio, RM, 32 Kbps, 3:30, 1/16/2002
Bob Edwards talks with Chuck Landes, Director of Audit and Attest Standards at the American Institute of Certified Public Accountants. Source: National Public Radio
Oregon External Sites
State of Oregon: Board of Accountancy
www.oregon.gov · Board of Accountancy ... Job Opening Oregon Council for Hispanic Advancement has an open position for an accountant More. Ind OREGON MILITARY DEPARTMENT
AUTHORITY/REFERENCE: Oregon Accounting Manual (OAM) 10.20.00. ... Accountant 1 C1215. AGC. Reconciling. Reconciles Treasury and agency accounting rec
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Latest News
Latest accountant news in Oregon and nationwide:
Jan 15, 2007 - Accounting Periods When Preparing A Statement Of Income
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Aug 22, 2005 - Discipline Against The Respondent
On October 29, 2001, bar counsel filed a five-count petition for discipline against the respondent. On February 27, 2002, ... Read more >
Legal Disclaimers The information provided on Accountants Oregon.com is not intended to be accounting advice, but merely conveys
general information related to accounting issues commonly encountered.
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Corporate Accounting 
US Possessions tax credit, regardless of
Did You Know?
State of Oregon: Board of Accountancy