The 5 Best Online Accounting Firms for Small Business
The inability to apply payments on time and accurately can not only lock up cash, but also negatively impact future sales and the overall customer experience. Gain global visibility and…
The inability to apply payments on time and accurately can not only lock up cash, but also negatively impact future sales and the overall customer experience. Gain global visibility and…
The asset turnover ratio uses the value of a company's assets in the denominator of the formula. To determine the value of a company's assets, the average value of the…
On the income statement or balance sheet, sundry income may also be listed as miscellaneous income or other operating income. Sundry income is generated from sources other than a company's…
The sales journal, sometimes called the credit sales journal, is used to record all sales made on account. The sales journal has five columns to record the necessary information relating…
In this blog, we’ll break down the key difference between comptroller and controller, explain the role of a CFO, and help you determine which roles are essential to your business’s…
The second method—percentage-of-receivables method—focuses on the balance sheet and the relationship of the allowance for uncollectible accounts to accounts receivable. One way to record the affects of uncollectible accounts is…
If you’re operating a standalone, mom-and-pop restaurant, you can operate with your own processes and nobody else will notice. If you’re running a restaurant franchise business, though, you’ve got to…
Understanding different taxes, deductions, and items of payroll are important for scheduling the payments. It is also important from the employee perspective to understand the complexities. Financial instruments refer to…