Kategoria Bookkeeping

A variation on the write off concept is a write down, where part of the value of an asset is charged to expense, leaving a reduced asset still on the books. For example, a settlement with a customer might allow for a 50% reduction of [...]

NP is a liability which records the value of promissory notes that a business will have to pay. Notes payable is a promissory note that represents the loan the company borrows from the creditor such as bank. Likewise, the company [...]

We’ve tried to make it easy to tell the two papers apart by defining each in its own section of the blog and drawing detailed comparisons between statement and invoice. However, the customer’s entire transactional activity may be [...]

It could also be a sign that the company isn’t effectively managing its funds. Two is the ideal current ratio because you can easily pay off your liabilities without running into liquidity issues. It indicates that you have a liquidity [...]

An operating cycle, also referred to as the cash conversion cycle, is the time it takes a company to purchase inventory and convert it to cash from sales. An example of a current liability is money owed to suppliers in the form of accounts payable. The [...]

Debit cards, on the other hand, can be helpful for staying within your budget and not spending money you don’t have. Credit cards are an easy way to get into financial trouble if you’re someone who might be inclined to. „Chase Private [...]

They check in on customers, serve as main point of contact, and handle upsells and contract renewals when appropriate. Account executives generally hold pre-sale roles prospecting, presenting, and closing initial client deals. The UMG team of [...]

Bookkeeping Services of Plano is an Intuit QuickBooks Certified ProAdvisor and a Better Business Bureau accredited business with an A+ rating. Carter Group Tax Service is a full-service tax cash basis accounting: explain examples, contrast with accrual preparation firm located in Richardson [...]

In the case of government, revenue is the money received from taxation, fees, fines, inter-governmental grants or transfers, securities sales, mineral or resource rights, as well as any sales made. Governments collect revenue from citizens [...]

App integrations are an extra fee depending on the specific integration added. As an example, A2X starts at $19 a month but moves to $49 per month if you have more than 200 transactions. There isn’t a great deal of difference between the [...]