Bookkeeping

Therefore, recording revenue as a credit reflects the growth in your company’s value. The bottom line is revenue is not posted as a debit but as a credit because it represents a company’s income [...]

You can customize the reports to include ratios, new blocs, and groups. Plus, Xero even allows you to share financial information with your professional advisors and colleagues, and the best part [...]

Take a deep dive into your financial potential and unlock the strategy to get there. They employ advanced encryption and security protocols to safeguard your financial information, protecting it [...]

Users can choose any or all clients from the user dashboard, and once a client has been chosen, a list of all employees and contractors that need to be paid will display on screen, with their pay [...]

For example, if the interest rate (I/Y) is not known, it can be derived if all the other variables in the equation are known. This will be illustrated when non-interest-bearing long-term notes [...]

With the two systems integrated, inventory managers can optimally allocate resources – improving operational efficiency. All inventory information is centralized and easily accessible on [...]

When a company buys something from a vendor, it typically doesn’t pay for it immediately. One of the most common decisions our clients computer filing system make is choosing between Bench or [...]

If a company is constantly placing small orders to maintain a specific inventory level, the ordering costs are higher, and there is a need for additional storage space. It’s an important figure [...]

In order to help you advance your career, CFI has compiled many resources to assist you along the path. Calculate the adjustments by simply taking the difference between the fair value and [...]

This can give insight into several cash flow items, including capital expenditures (CapEx) as a percent of revenue. The base item in the income statement is usually the total sales or total [...]