Bookkeeping

Net Realizable Value NRV Formula Example

Alternatively, this “expense” may be the anticipated write-off amount for receivables or expenses incurred to...

How to Outsource Bookkeeping Services: A Guide Unity Communications

This shift in focus towards core business functions can lead to improved productivity and, ultimately,...

What Is an Overdraft Fee? The Basics

Cash credit and overdraft are types of short-term financing that financial institutions provide to their...

Understanding Gross Profit Margin GP: Formula for How to Calculate and What GP Tells You

Monica owns a clothing business that designs and manufactures high-end clothing for children. She has...

How to Set Up QuickBooks Online: Step-by-Step Guide

All three boast a dedicated team to ensure that your bookkeeper learns about your business...

Current portion of long-term debt definition

For the past 52 years, Harold Averkamp (CPA, MBA) has worked as an accounting supervisor,...

Retained Earnings: Definition, Formula & Example

In 2024, the company generates $35,000 in net income and pays $15,000 in cash dividends...

Operating Cycle Learn How to Calculate the Operating Cycle

If a company has a longer operating cycle, it may need to rely on funding...

Back Taxes: How to File Past-Due Returns

Input your tax information into the software, calculate your tax liability or refund, and follow...