The people of this spirited and independent county at the southern tip of South Carolina chose Sergeant Jasper as their namesake. This simple, brave action brought notoriety to Sergeant William Jasper. Seeing that the South Carolina flag had fallen to the ground, he leaped over the wall of the fort, secured the flag and then safely returned to his post to fight gallantly with his company. In the heat of battle during a Revolutionary War skirmish in South Carolina, a young American soldier performed a brave act. Interstate 95 North of Savannah runs through the heart of Jasper County and its seven exits offer a variety of accommodations, restaurants, and service businesses for travelers. The Jasper Jamboree is the second weekend in February and the Native American Pow-Wow is the second week in March. In Ridgeland, you can partake in the Gopher Hill Festival, the first weekend in October, where authentic Lowcountry cooking, hand-made crafts and other events make for fun for the whole family. Nature lovers will enjoy viewing wildlife at such sites as the Savannah National Wildlife Refuge and the Tillman Sand Ridge Heritage Preserve.įestivals are a big part of Jasper County and a great opportunity to soak up the local ambiance. Off the coast are many beautiful remote barrier islands accessible only by boat that beckon to be explored. Golfers can play an entire weekend in Jasper County for less than the fees charged for a day elsewhere. Moderately priced accommodations and recreation make for a good base from which to explore the Lowcountry region. With roots dating back to the late 17th century, Jasper County is steeped in history with both important Revolutionary and Civil War sites scattered throughout. It still maintains the simple, original flavor of the Lowcountry. If you connect your PayPal Business account, each payment will be recorded directly to your Debitoor account and matched automatically.Named after young revolutionary war hero Sergeant William Jasper, Jasper County is close to Savannah, Hilton Head and Beaufort. By subscribing to one of our larger plans you can upload a bank statement that will then match each payment to the corresponding invoice or expense. Matching and Debitoorĭebitoor has aimed to make matching as simple as possible by automating the process. The matching principle allows an asset to be distributed and matched over the course of its useful life in order to balance the cost over a given period. Assets (specifically long-term assets) experience depreciation and the use of the matching principle ensures that matching is spread out appropriately to balance out the incoming cash flow. If you recognise an expense later than is appropriate, this results in a higher net income.Ĭertain business financial elements benefit from the use of the matching principle. If you recognise an expense earlier than is appropriate, this results in a lower net income.If expenses are recognised at the wrong time, the financial statements may be greatly distorted: in turn jeopardising the quality of the statements and providing an inaccurate representation of the financial position of the business. the income statement, balance sheet, etc. The matching principle a basic accounting principle that is adhered to in order to ensure consistency in a company's financial statements: i.e. The matching principle is not used in cash accounting, wherein revenues and expenses are only recorded when cash changes hands. In practice, the matching principle combines accrual accounting (wherein revenues and expenses are recorded as they are incurred, no matter when cash is received) with the revenue recognition principle (which states that revenues should be recognised when they are earned or realised, no matter when cash is received). Track and manage your expenses and revenues all in one place with Debitoor invoicing and accounting software. The matching principle is an accounting principle which states that expenses should be recognised in the same reporting period as the related revenues. Matching principle - What is the matching principle?
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