Category
Bookkeeping
7 min read time
To understand the reciprocal, you must first understand that every whole number can be written as a fraction equal to that number divided by 1. To perform such an action is to reciprocate, and the act of doing so is called reciprocation. For example, when someone does you a favor, you can reciprocate by doing something nice for them. Notice that the reciprocal of a number that's already a fraction is just a flipped fraction. China ordered the US t ...
4 min read time
ContentCoping with stress when studying for your AAT qualificationsStandard costingStandard costing – purchasingRelated Project Topics : Chapter one of this work discusses the brief history of the case under study, statement of the problem, purpose of study, significance of the problem, scope of the study, limitations of the study, assumption of the study. Chapter three will consider design and methodology, selection of data and analysis, presenta ...
6 min read time
There are three main ways to analyze the investment-quality of a company through its balance sheet. First, the fixed asset turnover ratio (FAT) shows how much revenue a company's total assets generate. Second, the return on assets (ROA) ratio shows how much profit is being generated from its total assets. Lastly, the cash conversion cycle (CCC) shows how well a company is managing its accounts receivables and inventory. What is included in the bal ...
6 min read time
Opening a CD with one of the best rates might mean joining a bank or credit union outside of your primary financial institution, such as an online bank. That move can be worth it, especially to get far better rates than you’d get at traditional banks. Once a CD matures, you’re free to withdraw the money you saved, along with interest earned. Otherwise, you'll current ratio usually have to pay an early withdrawal penalty. Consider consulting with a ...
6 min read time
So if you want an Android or Windows POS system, this is not the best choice for your restaurant. One potential drawback of Square is if your business scales too quickly. Some users complain that their accounts were placed on hold for large transaction volumes, as the system has security protocols in place to protect against fraudulent charges. What is the best free POS system? Based on that research, we further narrowed our list to 14 POS systems ...
6 min read time
ContentWhat financial records should a startup keep?Financial statements: A startup’s secret weaponIs DIY accounting ever a good idea?We provide a variety of services specializing In early stage companies:Tax returnsJoin over 140,000 fellow entrepreneurs who receive expert advice for their small business finances Contact us today to learn about our services and schedule a free consultation. Your accountant will prepare your tax documents on behalf ...
6 min read time
ContentKeeping on Top of Your Finances Takes a Lot of EffortTrulySmall AccountingThe 9 Best Corporate Credit Cards For BusinessesTop Recommendations and ReviewsSave up to 25% off Bench for an entire yearWhat small business owners are saying about our bookkeeping solutions Since it is cloud-based, you can use the tool easily from anywhere. The automation capabilities ensure your work gets done faster and with accuracy. Sage Intacct enables you to r ...
4 min read time
Computerized books of accounts use a computer system that automates the accounting process from the journal entries to the ledger balances and the creation of financial statements. The triple-column cash book has three columns and is the most complicated choice of the three. This version has other detailed information, such as purchase or sales discounts, in addition to the information found on the single- and double-column cash books. Trial Balan ...
9 min read time
This new support targets projects that secure critical minerals from overseas and will boost supply chain resilience in key manufacturing sectors. Get Britain Working White Paper – The government will shortly publish the Get Britain Working White Paper which will set out its £240 million investment to trail new ways of getting people back into work. The government will test new approaches and collect robust evidence on how to tackle the root cause ...
6 min read time
In this case, the equivalent production for opening work-in-progress in the period is 300 units (i.e., 500 x 60%). The treatment of the beginning WIP units will depend on which costing method, usually weighted average or FIFO, the business is using. The problem will provide the information related to beginning work in process inventory costs and units. free income tax calculator 2020 In the next page, we will do a demonstration problem of the FIFO ...