Category: Bookkeeping

BDC provides access to benchmarks by industry and firm size to its clients. It’s also important to note that some industries naturally require a higher debt-to-equity ratio than others. “For…

Those with QuickBooks Online accounts are potentially eligible, though they’ll still need to qualify on the strength of their accounting history. The QuickBooks Payroll software tracks employees by name, pay…

Conversely, when interest rates fall, banks face the challenge of downward pressure on their interest income. Managing interest rate risk is essential for financial institutions to mitigate potential losses and…

The debt-to-equity ratio is calculated by dividing a company’s total liabilities by its total shareholder equity. Liabilities and shareholder equity can be found on the balance sheet, which is a…

Learning how to generate them and troubleshoot issues when they don’t balance is an invaluable financial accounting skill that can help you become an indispensable member of your organization. Different…

Credit facilities are extended by doing proper analysis and planning to ensure optimum cash flow in a business organisation. Accounts receivable refers to the payments owed to a business by…

Wave provides its native full-service Wave Payroll, available in 14 states and Canada. Paid plans begin at $40/month, with an additional $6 per active employee or independent contractor. FreshBooks and…

However, credit score alone does not guarantee or imply approval for any credit card, financing, or service offer. It’s crucial that you maintain customer data confidentiality and comply with HIPAA…

If you need to undo a previous reconciliation for an entire month, you’ll need your bookkeeper to do it using QuickBooks Online Accountant. Once done, you can start undoing the…

Also, if the issuing entity is liquidated, the holders of preferred stock are paid off before payments to common stockholders are addressed. Often, preferred stock does not come with the…