Gain the confidence you need to move up the ladder in a high powered corporate finance career path. Debt capacity refers to the total amount of debt a business can incur and repay according to the terms of the debt agreement. On the flip side, if the... Read more
From navigating changing regulations to helping you accept cryptocurrency as payment, no one in the industry has a better grasp on how you can optimize cryptocurrency with your business than we do. So let us help you monitor the transaction and month... Read more
From the bank's point of view, your credit card account is the bank's asset. Hence, using a debit card or credit card causes a debit to the cardholder's account in either situation when viewed from the bank's perspective. All accounts that normally c... Read more
This means that the credit is only calculated based on wages paid during the dates of full or partial suspension. In this respect, the effective dates of government orders are crucial to supporting an ERC calculation. The rule is different for an emp... Read more
In accounting and bookkeeping, a debit balance is the ending amount found on the left side of a general ledger account or subsidiary ledger account. When the trial balance does not balance, try re-totaling the two columns. If this step does not locat... Read more
For the smallest companies, QuickBooks Pro will likely meet all your construction accounting software needs. QuickBooks Pro handles all the basic accounting functions a small construction business needs including invoicing, expense management and fin... Read more
This assumption is based on the premise that today’s dollars could be invested and therefore appreciate in value over time. For example, if you pay a price lower than the DCF value, you’ll generate a positive ROI from your investment. On ... Read more
Don’t dip too low or too high, rather find a sweet spot that provides the necessary cash flow you need to grow. A higher receivables turnover ratio reflects a more efficient A/R department. Many clients may be accustomed to making payments usin... Read more
See Publication 15-B, Employers' Tax Guide to Fringe Benefits, for more information. The employee will have to report the reimbursement as income and must generally claim a miscellaneous itemized deduction for the allowable business expenses if he or... Read more
Alternatively, you can use processing options to override the financial reporting date in the F0010 table when you run a report. Every company should include this task in their period-end closing process. Integrity reports supplement your internal ba... Read more
