Category Bookkeeping

As such, these measures could be performed by laypeople, not just safety specialists. In a nutshell, digital safety means defending your computer, cellular units, tablets, and another Internet-connected units from intruders, which might be within the form of hacking, phishing,…

Understanding the monetary health of an organization is essential for traders, creditors, and even business owners. Financial ratio analysis is a strong software that helps to assess a company’s efficiency and make informed decisions. In this article, we’ll dive deep…

The course explains what accounting is and what bookkeepers do, and it describes their typical tasks and responsibilities. You’ll also learn about double-entry accounting, the standard method of recording business transactions. In addition to tuition, online bookkeeping you’ll need to…

Monetary assistance provided for eligible non-profits and self-employed individuals. The Small Enterprise Administration’s mortgage program is now accessible to more companies and has an increased cap on loans. Beneath the CARES Act, employers can nonetheless make scholar mortgage payments on…

For external reporting, accrued expenses are essential for closing month, quarter, or year-end processes. Companies typically guide accrued expenses during the shut interval, not all through the month. Accruing expenses makes accounting extra time-consuming and demanding for staff. There is…

This means your activities should be based on scientific principles or engineering methodologies. For example, conducting lab tests to discover new chemical compounds or using engineering techniques to design a more efficient machine. Basic research payments are payments made to…

For example, purchase of machinery for cash is a financial transaction that increases machinery and decreases cash because machinery comes in and cash goes out of the business. The increase in machinery and decrease in cash must be recorded in the machinery account and…

Long-term solvency ratios measure a company’s ability to survive and thrive financially over the long haul. Unlike liquidity ratios that focus on short-term obligations, solvency ratios examine whether a business can handle double declining balance depreciation method its debt commitments…

If, at the time of sale, the share price remains at Rp11,000, then BEP has been reached because, at that point, no loss or profit is experienced. After understanding the formula for calculating Break Even Point (BEP), here is an…

… comparable software was available through TechSoup at the same discounted prices. I do feel like the fees are pretty hefty at times, but overall, QuickBooks Online’s user-friendly If you are still unsure, check out our accounting software category page…