Conversely, a smaller ratio indicates a more careful financial structure, with the business relying more on equity or retained earnings and less on borrowed money. Leveraged companies are considered riskier since businesses are contractually obliged to pay interests on debts regardless of their operating results. Even if a business incurs operating losses, it still is […]
Category Archives: Bookkeeping
While “M” is generally accepted in various industries, it’s essential to consider your audience and the specific context you’re writing for. Below is a break down of subject weightings in the FMVA® financial analyst program. As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting […]
How to Leverage Infographics for Marketing Strategy Content Marketing… Once your infographic is ready to go, share it online or download it as a high-resolution PNG, PDF or interactive PDF. Maybe there’s a specific order in which you want people to read your company infographic (for example, if you’re summarizing a process). Or maybe there’s […]
Freshbooks offers a lite plan at just $15/month, a plus plan at $25/month and a premium plan at $50/month, with the option of a free 30-day trial of any plan. You can also build a custom plan and have 500 plus billable clients at one time. To support small businesses and photographers during the pandemic, […]
These are taxes imposed on the manufacturing or selling of specific goods. Excise taxes are often called sin taxes because the items on this list have a reputation for being potentially bad for people or society. According to Brazilian law, the tax will be charged based on the location where the company responsible for providing the services […]
Lastly, Wave provides a Payments package that isn’t entirely free but incurs a fee of 2.9%-3.4% plus an additional 60 cents per transaction, depending on the card used, and a 1% fee on all bank payments. For those opting for the Plus and Advanced plans, additional perks are available. These include timesheet management, where employees […]
If using the direct write-off method, the entry to write off an uncollectible account is a debit to “Bad Debt Expense” and a credit directly to “Accounts Receivable” for the specific customer. As an example of the allowance method, ABC International records $1,000,000 of credit sales in the most recent month. Historically, ABC usually experiences […]
This guide turns the scary world of accounting into something you can actually handle, and maybe even enjoy. This book offers a unique and engaging approach to learning virtual accountant accounting fundamentals, likening the process to running a lemonade stand, making complex concepts accessible and enjoyable for beginners. If you’re new to running a small […]
Top Consumer Reviews has evaluated and ranked the best bookkeeping services available today. We’ve carefully assessed each option’s features, pricing, and real-world performance to help you make an informed decision. http://www.bigmagazinecover.com/accounting-for-governmental-nonprofit-entities-2/ We hope our reviews help you find the perfect bookkeeping solution for your business needs. The landscape has evolved dramatically with the rise of […]
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