For her 60th payment, $252 will go to principal while $336 will go to interest. And for her 180th payment, […]
Categorie: Bookkeeping
Wave Accounting Review: Pros, Cons, Alternatives
Separating business and personal finances helps ensure you avoid overpaying taxes. You’re less likely to miss or omit a taxable […]
Pay Adjustments: 5 Steps to Seamlessly Change Pay
As an employer, it can feel good to provide employees with raises or bonuses. A business also might need to […]
A Complete Guide to Managing Small Business Finances
It’s a good idea to start separate bank accounts for your company the day you start business. Working with an […]
The comprehensive guide to accounts payable outsourcing
While it’s excellent for revenue, it also puts more pressure on your Accounts Payable staff. This is especially the case […]
Period costs definition
Whether the calculation is for forecasting or reporting affects the appropriate methodology as well. In accounting, depreciation is a method of […]
What are accrual adjusting entries?
Click on the next link below to understand how an adjusted trial balance is prepared. Uncollected revenue is the revenue […]
The going concern principle
This revaluation may be used to price the company for acquisition or to seek out a private investor. There are […]
Going Concern Assumption Accounting Concept + Examples
Going concern is an example of conservatism where entities must take a less aggressive approach to financial reporting. The going […]
What does favourable and unfavourable variance mean?
This can result in the reported revenue varying greatly from the expectation of the forecasted budget. Some expenses may not […]