The 5 Best Accounting Software For Small Business Of 2020

Content Wave Vs Quickbooks Online: Support Option 1: I Want To Log Mileage Outside Of Wave, On Paper Or Electronically What Makes Great Free Invoicing Software? Wave Review I prefer to load the system rather than on-line. I will never trust any company with having my accounts online …. period. 4) Very Basic report features, […]

Faqs About Prepaid Expenses

Content How Do The Income Statement And Balance Sheet Differ? Accounts Receivable Prepaid And Accrued Expenses Free Debits And Credits Cheat Sheet Business Office Department Pages How Do The Income Statement And Balance Sheet Differ? Companies use these terms simultaneously to define deferred expenses, but they all mean the same thing. This also means that […]

Net Income

Content Determine Your Gross Pay Tithe On Gross Or Net? Operating Net Income Formula Right now, the typical S&P 500 company is trading at about 25 times forward-looking earnings. Historically, What is bookkeeping S&P 500 companies have traded at about 15 times earnings in more normal markets. Determine Your Gross Pay If you’re an independent […]

A Beginner’S Guide To Retained Earnings

Content Paid How To Note Withdrawing Retained Earnings Retained Earnings Formula End Of Period Retained Earnings Retained earnings refer to the net income of a company from its beginnings up to the date the balance sheet is structured. For companies with multiple stockholders, any declared dividends are subtracted to obtain the retained earnings figure. Accumulated […]

What Are Accounting Ratios? Definition And Examples

Content Accounting How To Calculate Financial Gearing? Activity: Accounts Receivable Ratios Ratio Analysis: Liquidity Ratios Efficiency Ratios Accounting Defensive interval ratio is similar to cash ratio and quick ratio. This ratio assess the possible period that entity could run by using only current assets. Higher debt will lead to higher interest expenses and lower net […]

Small Business Accounting 101

Content Ready To Do Your Bookkeeping? Choose A Bookkeeping System Bookkeeping 101: What Is Bookkeeping? The chart of accounts may change over time as the business grows and changes. “Good luck with that.” Those were the words Jim heard from his former bookkeeper when he decided to take over his company bookkeeping. In this episode, […]