Arquivos de Categoria: Bookkeeping

It shows analysts, investors, credit providers, and auditors the sources and uses of a company’s cash. Positive cash flow from financing activities indicates a net increase in cash resulting from financing activities, such as raising capital or obtaining loans. Negative CFF indicates a Bookstime net decrease in cash due to financing activities, like repaying debt […]

Quando se trata de escolher um jogo de caça-níqueis para jogar, os jogadores muitas vezes se deparam com uma decisão entre os clássicos slots retrô e os modernos slots temáticos. Ambos os tipos de slots têm seu próprio charme e atraem diferentes tipos de jogadores, mas quais são as principais diferenças entre eles? Os slots […]

The merchant fee will vary depending on the platform you use, but it’s details like this that you need to keep in mind when using an ecommerce platform. Luckily, there’s lots of bookkeeping software that integrates with ecommerce platforms, making it easier to manage your sales and expenses. The more transactions, the more time it takes to […]

The total equity of a business is derived by subtracting its liabilities from its assets. This is an essential item that is reviewed by many creditors, lenders, and investors, since it is a strong indicator of the financial strength of a business. A business with a large amount of total equity is in a better […]

Recording accrued income involves ensuring it is accurately reflected in the appropriate accounting period. This requires creating journal entries that recognize the income as a receivable on the balance sheet and as revenue in the income statement. Typically, this involves debiting an accounts receivable account and crediting a revenue account, increasing both the assets and […]

This payment is initially recorded as a liability, often referred to as unearned revenue, because the company has an obligation to deliver goods or services in the future. For example, a magazine subscription service receiving a full year’s payment upfront will defer the income, recognizing it incrementally as each issue is delivered. This practice ensures […]

The goal of big data in accounting is to collect, organize, and tap data from a variety of sources to gain fresh business insights in real time. For example, instead of relying on monthly financial reports for their analyses, accountants and financial analysts have access to up-to-the-minute information from any location with a network connection. […]

Some people have a more complicated tax situation than merely being a W-2 employee. A RamseyTrusted tax pro is a tax advisor who’s been vetted by the Ramsey team. They can work with you to file your taxes and can provide other tax-related services for you, your family and small business throughout the year. To […]

Exact accounting data is critical for evaluating project economics, making informed investment decisions, and planning for the future. It enables companies to assess project viability, allocate resources efficiently, and make strategic decisions that contribute to long-term success in the industry. Accounting methods and principles should be applied consistently from one period to another. Production Sharing […]

Neither is inherently superior, but the accrual basis is generally better suited to medical practices. As a healthcare provider, you probably want to focus on serving your patients and spend as little time as possible worrying about the financial health of your business. An efficient accounting system is essential for doing so without harming your […]