Dunning Letter – communication with customers to ensure the collection of account receivable. The department must have supporting documentation for each individual account to be written-off available for review. Accounts receivable are eligible for w... Read more
There will be some customer identification needed to activate the card so it can't be stolen from the mail and activated. A family of four could get up to $5,000 with the latest round of stimulus, the most generous helping of cash thus far, so what s... Read more
Make a decision that you can stick with, as you cannot easily convert Quicken data for QuickBooks, or vice versa. Each tool has its own download and data storage specifications and the two are not compatible. No guarantees are made as to the accuracy... Read more
Once you’ve got that number, divide your net sales for the year by your working capital for that same year. The resulting number is your working capital turnover ratio, an indication of how many times per year you deploy that amount of working ... Read more
I hope we all can use these lessons about working capital to make better future free cash flow growth projections and intrinsic value estimates. These are usually defined as assets that are cash or will be turned into cash in a year or less and liabi... Read more
WIP refers to the raw materials, labor, and overhead costs incurred for products that are at various stages of the production process. WIP is a component of the inventory asset account on the balance sheet. These costs are subsequently transferred to... Read more
They could trade above or below their par value while bond traders attempt to make money trading these yet-to-mature bonds. As a result, the Apple bond pays a higher interest rate than the 10-year Treasury yield. Also, with the added yield, the bond ... Read more
Here again, no matter which situation is causing the reduction in the inventory to sales ratio, either one suggests that you are effectively managing your business's inventory levels and its cash flow. Inventory turnover also reflects the carrying co... Read more
A corporation must file Form 1120-S if it elected to be an S corporation by filing Form 2553, and the Internal Revenue Service accepted the election. For a full schedule of Emerald Card fees, see your Cardholder Agreement..... Read more
Below are some of the accounting systems we have worked with for invoice exports. We have developed numerous stand invoice export file formats. Please review all of the below to see which one will work for your accounting system. Yellow Dog Inventory... Read more
