Catégorie : Bookkeeping
Corporate Credit Card: Definition, How It Works, Types, and Benefits
Approval for the cards is based on the applying company’s financial health, not the owners’ personal finances. For example, card issuers may require the company to have strong financials and good liquidity and cash flow. Defaulting on a …
Business card business credit card definition Glossary
Since the deposit reduces the risk to the issuer, credit card companies are more willing to give these cards to people with bad credit or no credit. If you have a rewards credit card, this portion will spell …
Accounting Software for Photographers
Quickbooks offers several paid tiers for business owners, starting at $10/month. Most business owners go for the self-employed option, especially if they’re a relatively small operation. Try a free 60-day trial of Quickbooks for photographers, and if you …
Offshore Accounting: Everything You Need to Know
However, by choosing a nearshore accounting provider, you can enjoy the benefits of offshore accounting while what is a financial statement detailed overview of main statements minimizing the impact of time zone differences. Nearshoring facilitates synchronized working hours, …
Outsource to India: What you need to know
Whatever the size of the business functionality of any accounting firm or your clients, Indian outsourcing enterprises are adept at handling your needs. When you outsource your bookkeeping to Indian firms you also have the benefit of different …
Outsourcing payroll: A pros and cons guide
Perhaps even more concerning is the increased risk of a breach of sensitive data that outsourcing inevitably brings. While many cloud-based programs for payroll data management use encrypted servers and firewalls for security, they are juicy targets for …
How to Calculate Cost of Goods Manufactured
It encompasses material costs, labor costs, and manufacturing overhead, adjusted for the change in work-in-progress inventory. Manufacturing overhead refers to the indirect costs that a company incurs during production over a specific period. Prime cost is the total …
After-tax Cost of Debt Calculator
Understanding how to calculate the cost of debentures is essential for making informed investment decisions and assessing the financial health of a company. So, the cost of capital is same at 15.63% as it was when the preference …
Chart of Accounts: Definition, Setup & Examples
If necessary, you may include additional categories that are relevant to your business. A chart of accounts gives you great insight into your business’s revenue beyond just telling you how much money you earn. It shows peaks and …
What are accounts receivables aging reports + how to prepare them in 4 steps
Under the accrual basis, a merchandising company that extends credit records revenue when it makes a sale because at this time it has earned and realized the revenue. The company has earned the revenue because it has completed …