Bookkeeping

You’ll likely need strong personal credit, established business revenue and two or more years in operation to access bank financing. Every lender’s eligibility criteria is different but it will almost certainly include revenues or cash flow, time in business, industry and/or credit scores. For example, it is very hard to get a bank or SBA […]

DTE shares are only compelling on a pullback that would move the dividend to 4.0% or higher. However, I do think this is a stable utility for long-term investors, but the right entry point is key, and that point is about 10% below today’s price. But for right now, the baby bonds are offering attractive

For example, businesses with a beginning inventory of perishable goods will usually choose FIFO, since it’s in their best interest to sell older products before they expire. Using the appropriate inventory valuation system can help track real inventory management practices. If we apply the periodic method, we will not concern ourselves with when purchases and

You may be hoping for the best and have a few college courses in your back pocket. Even with these tools, you may not have the expertise you need to handle the responsibilities of a bookkeeper. Your general ledger should be up to date so that your bookkeeping software is able to provide functionality that

RUN offers expanded tax filing services that include responding to inquiries from taxing agencies on your company’s behalf. Payroll and HR reports, employee access and new hire onboarding features are also included with the Essential plan and the creation and delivery of W-2s and 1099s is available for an additional fee. To get similar features

However, the entries to record this bad debt expense may be spread throughout a set of financial statements. The allowance for doubtful accounts resides on the balance sheet as a contra asset. Meanwhile, any bad debts that are directly written off reduce the accounts receivable balance on the balance sheet. Two primary methods exist for

Despite these limitations, discounted payback period methods can help with decision-making. It’s a simple way to compare different investment options and to see if an investment is worth pursuing. The major advantage of the PB lies in its simplicity; however, the DPBP calculation is a bit more complex to compute because of the discounted cash

If your business pays a dividend to owners or generates a net loss, equity is decreased. Shaun Conrad is a Certified Public Accountant and CPA exam expert with a passion for teaching. After almost a decade of experience in public accounting, he created MyAccountingCourse.com to help people learn accounting & finance, pass the CPA exam,

If your business pays a dividend to owners or generates a net loss, equity is decreased. Shaun Conrad is a Certified Public Accountant and CPA exam expert with a passion for teaching. After almost a decade of experience in public accounting, he created MyAccountingCourse.com to help people learn accounting & finance, pass the CPA exam,

If the revenues come from a secondary activity, they are considered to be nonoperating revenues. For example, interest earned by a manufacturer http://alove.in.ua/puteshestviya-po-novomu-kak-budem-letat-v-etom-godu on its investments is a nonoperating revenue. Interest earned by a bank is considered to be part of operating revenues. You’re our first priority.Every time. In practice, you are more likely to