Working capital relies heavily on correct accounting practices, especially surrounding internal control and safeguarding of assets. Another possible reason for a poor ratio result is when a business is self-funding…
Some companies issue many different types of preferred stock all at once. Whether you're a new or experienced investor, you may have a hard time explaining what preferred stock is…
The key differences between trial balance vs balance sheet can be summarized in the following table. A balance sheet offers a glimpse of what an entity actually owns and owes…
Using the direct method, you keep a record of cash as it enters and leaves your business, then use that information at the end of the month to prepare a…
ContentRemeasuring the lease liability8 Accounting for a lease termination – lessorAccounting for Lease Modifications under ASC 842, Part 2: Operating to FinanceExample 1 - lease terminationHow to Account for a…
ContentYear-round 1099 reportingBest for On-demand ReportsStep 3: We do your bookkeepingOnline Bookkeeping Services for Small Businesses - Bench AccountingPilot Although it is powerful and effective, it doesn't sync with industry…
There are dozens and dozens of bookkeeping options available and the choices may seem overwhelming. We’ve analyzed and rated the best online bookkeeping services to help you make the best…
Whether you’re selling to a company or an end-customer, you’re going to need a strategy for building relationships with your target audience. This means investing in tools like landing page…
This is done to calculate the net amount of accounts receivable anticipated to be collected by your business. Thus, Net Accounts Receivable are used to measure the effectiveness of your…
Brent founded Roberts Accounting and has over 20 years of experience in public accounting. Dealing with individuals and businesses, as well as having an excellent staff, has helped him grow…
