Bookkeeping

Contents: Adjusting Entries Definition of Adjusting Entries ( . Adjusting entries for accruing unpaid expenses: Accrued revenues are recorded as receivables on the balance sheet to reflect the amount of money that customers owe the business for the goods or services they purchased. The adjustment at the end of the accounting period increases assets on […]

Content Financial Auditor What does an accountant do? What Is the Difference Between Bookkeeping and Accounting? What Does a Bookkeeper Do? Bookkeeper Duties Do you need both a bookkeeper and an accountant? They prepare all reports necessary to file taxes in a timely manner. Maintaining the general ledger that has a record of all financial […]

Content Management Accounting Step 5: Plug It Into the Cost of Goods Sold Equation How is Cost of Goods Sold Affected by Inventory Costing Methods? Which statements describe period cost? Inventory Transfer of Products COGS and Inventory However, these costs are still paid every period, and so are booked as period costs. Overhead and sales […]

Content Discounted Cash Flows and Stock Pricing What is G in the dividend growth model? Plowback Ratio Calculator Problems with the Plowback Ratio This formula indicates how much profit is getting re-invested towards the development of the company instead of distributing them as returns to the investors. There are a couple of different formulas for […]

Content Relax—run payroll in just 3 easy steps! What Is the Federal Insurance Contributions Act (FICA)? the Federal Insurance Contributions Act Pros and Cons of FICA Taxes Format For these individuals, there’s a 12.4% Social Security tax, plus a 2.9% Medicare tax. You can pay this tax when you pay estimated taxes on a quarterly […]

Contents: Stay up to date on the latest accounting tips and training Accounting Principles I Debit and Credit in Accounting Remember that debits are always recorded on the left with credits on the right. A transaction that increases your revenue, for example, would be documented as a credit to that particular revenue/income account. Assets can […]

Content Step 2: Calculate and subtract salvage value from asset cost Revision in Estimates of Useful life and Residual Value Straight line depreciation definition Straight-line method of Depreciation Declining Balance Method What is the Straight Line Depreciation Method? What is straight-line depreciation? Like it or not, there are A LOT of ongoing expenses that will […]

Content Accounting Can I accept payments online with Zoho Books? Keep business and personal finances separate Get started with FreeAgent Get started in small business bookkeeping Your bookkeeping software should make sure your business stays MTD compliant. Zoho Books offers everything businesses need to stay MTD compliant, right from VAT invoices, to VAT reports to VAT […]

Content Our Services Include: Which Type of Bookkeeping is Best for Your Company? Certified bookkeeper More about running your business Being a business owner, you are always engaged in managing the multiple tasks of your business. Amidst doing it all, there are chances that you are unable to manage the books efficiently. Let us handle […]

Content Equity Research Training (17 Courses) What are some examples of how financial leverage can be used? Calculating Leverage Operating Leverage Exclusive Investor Content What is Financial Leverage? The notional amount is $100 ($100 of oil), there are no liabilities, and there is $100 of equity, so notional leverage is 1 to 1. The volatility […]