Corporate management, analysts, and investors use it to determine how well a company earns to pay its debts and manage its operating expenses. The cash flow statement is an important financial statement issued by a company, along with the balance sheet and income statement. A cash flow statement tells you how much cash is entering...
Category: Bookkeeping
Bookkeeping Archives
Content Connect Taxfiler to your clients’ QuickBook file Let transactions sort themselves Intuit Quicken Original Version Microsoft Windows Compatible Brand New Vtg 1992 Accounting & Bookkeeping Now Taxfiler have gone one step further by connecting with QuickBooks Online to provide a simple transfer of accounting data that saves even more time. Bells Accountants in Kent...
Learn Double Declining Balance Method of Depreciation with examples
Content Accelerated Depreciation What is the double declining depreciation method? Double Declining Balance Depreciation – Examples Guide How to Calculate Double Declining Balance Depreciation Step 4. Annual Depreciation Expense Calculation Disadvantages of Double Declining Method of Depreciation Sometimes, when the company is looking to defer the tax liabilities and reduce profitability in the initial years...
Open an Account OnlineFor SMEs & Freelancers
Content The free business bank account for freelancers Is It Possible to Open a Business Bank Account Online? Employer Identification Number The intelligent business bank account for freelancers Some countries require business owners to register themselves as such, to obtain employment rights. If you happen to live in a place with such requirements, then you...
What Is the Accounting Equation, and How Do You Calculate It?
Content Shareholders’ Equity Accounting Equation Buy Inventory on Credit Understanding the Accounting Equation Liabilities The basic accounting equation Why is the Accounting Equation Important? A company’s quarterly and annual reports are basically derived directly from the accounting equations used in bookkeeping practices. These equations, entered in a business’s general ledger, will provide the material that...
Contractor Bookkeeping For Glass Installation Contractors
Content Teamwork in the Fashion Industry Posts by Month Zoho Invoice construction bookkeeping tips Yet, as the business grows, they start to realize that this is not a scalable solution. Therefore, the number of ongoing contracts continues to build and build. One way to solve this problem is to use accounting software like QuickBooks Online...