Category: Bookkeeping

Its adaptability makes it useful for a wide range of applications, including assessing the economic profitability of projects, benchmarking performance, and improving resource allocation. The accounting rate of return measures the expected profitability for capital investment. Businesses, analysts, and accountants use accounting rate of return or ARR capital budgeting. It indicates profitability from simple estimates… Continue reading Accounting Rate of Return Formula + Calculator

Rest easy and know your books are being managed by experienced professionals. If needed, we implement new processes to ensure https://www.bookstime.com/ you are getting the best financial data possible. We find the best procedures for your business that work with your life. Designed for chiropractic practices We like to serve, we love our jobs, we… Continue reading A Guide to Bookkeeping: Skills, Salaries, and Careers

Its adaptability makes it useful for a wide range of applications, including assessing the economic profitability of projects, benchmarking performance, and improving resource allocation. The accounting rate of return measures the expected profitability for capital investment. Businesses, analysts, and accountants use accounting rate of return or ARR capital budgeting. It indicates profitability from simple estimates… Continue reading Accounting Rate of Return Formula + Calculator

The Accounting Equation is the foundation of double-entry accounting because it displays that all assets are financed by borrowing money or paying with the money of the business’s shareholders. Add the $10,000 startup equity from the first example to the $500 sales equity in example three. Add the total equity to the $2,000 liabilities from… Continue reading Accounting Equation Assets = Liabilities + Equity

Historically, the vast majority of leases have been operating – and remained buried in the footnotes rather than appearing on the company balance sheet. Starting with capital leases, the rent-to-buy situation makes the asset behave like a fixed part of the business’ property. On the balance sheet, you put the current market value of the… Continue reading Operating Lease Learn How to Account for Operating Leases

When a company purchases an asset, management must decide how to calculate its depreciation. Tangible (physical) assets depreciate, while you expense intangible assets using amortization. To calculate depreciation, you should use the straight-line method. Original cost = Rs 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will be Depreciation… Continue reading Quiz & Worksheet Methods of Depreciation

Over the course of the past six months, you have purchased spools of wire. Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. Our Services GAAP sets accounting standards so that financial… Continue reading Inventory Valuation Methods: FIFO & LIFO With Examples

I had a small business client that had Fundbox integrated with her Stripe dashboard, which made it convenient. After you submit your application, you can receive a decision in as quickly as five minutes and instant funding with a Bluevine business checking account. Borrowers who don’t have a Bluevine business checking account can receive funds… Continue reading The Best Cash Flow Loans for Your Small Business

Our mission is to empower readers with the most factual and reliable financial information possible to help them make informed decisions for their individual needs. This team of experts helps Finance Strategists maintain the highest level of accuracy and professionalism possible. Our team of reviewers are established professionals with decades of experience in areas of… Continue reading Break-even point BEP: What it is and how to calculate it

Lines of credit are relatively easy to qualify for because such a wide variety of lenders offer them. They are ideal for nearly any type of business in need of a cash flow solution or looking for peace of mind regarding unexpected expenses. The only downside is that if you use up your credit line… Continue reading Cash Flow Loans: What Are They and How To Get One