An income statement is a report of your business’s profits and losses over a specific period. You can use the income statement to summarize monthly, quarterly, or annual operations. Though calculations involve simple additions and…
From pros and cons to hidden fees and add-ons, we’ll explain everything you need to know about this top-rated accounting software’s pricing. QuickBooks Online’s pricing is higher than FreshBooks, but comes with more features, making…
Contents: Account Rule Condition Example Understanding the accrual accounting method Company List four items of both direct materials and direct labor. Explain how you think overhead should be applied. Contact a builder and compare your…
Comparison of past and present statements and reports, use of ratio analysis and trend analysis are the different tools of analysis and interpretation. Accounting information is not without personal influence or bias of the accountant….
AR automation streamlines and enhances AR operations by applying digital technology to the low-value, manual tasks that make up a great deal of accounts receivable work. By reducing hands-on labor and errors, efficiencies are created,…
Transactions added or matched from online banking are usually pre-selected for convenience. If a transaction appears in QuickBooks Online but not on your statement, do not mark it. For any discrepancies, like a slight mismatch…
As of this writing, QuickBooks Online was offering a 50% discount for three months on all subscription plans. Tax time is one of worry and hassle for more reasons than one. QuickBooks makes it easier…
If you choose not to enter a ZIP Code you’ll be redirected to our home page. The amount of time a CD takes to reach maturity, or the term, varies from bank to bank, and…
As a bond becomes discounted or decreases in price, it means its coupon rate is lower than current yields. For example, let’s say, interest rates rise after an investor purchases a bond. The higher interest…
Learn more about what Xero can do to make life easier for your small business. Quote and invoice for jobs, track time and costs, and monitor project profitability and expenses using Xero. Get the most…