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The assets in the accounting equation are the resources that a company has available for its use, such as cash, accounts receivable, fixed assets, and inventory. Accounts receivable include all amounts billed to customers on credit that relate to the sale of goods or services. Inventory includes all raw materials, work-in-process, finished goods, merchandise, and […]
Basic and diluted EPS calculations also overlook how an extraordinary income event or expense impacted the company's finances. Capital structures that do not include potentially dilutive securities are called simple capital structures. On the other hand, complex capital structures include such securities. Thus, the “Net Earnings for Common Equity”—which is calculated by deducting the preferred […]
And it’s tied closely to current economic conditions and the unemployment rate. If the economy is growing, you may need to pay a higher hourly rate to attract qualified workers. Otherwise, invest in training so that employees can work efficiently. Accounting software can help business owners post accounting transactions and create invoices quickly, which reduces […]
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With running a restaurant business, you’ve got a lot on your plate. Messing with spreadsheets to forecast sales and generate budgets shouldn’t be one of those items. […]
Because risk is transferred to the buyer once the shipment is loaded, the risk is relatively low. Until the shipment is loaded, the seller is responsible for any loss or damage. In CIF agreements, the sales contract is often made well in advance of the actual shipping date. Given that the seller is responsible for […]
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Net pay, also called take-home pay sometimes, is the amount of money remaining after all […]
This allows organizations to align costs with meaningful business metrics, such as products, features, customers, and more — whether your tags are perfect or a total mess. Our most important features are fully-automated cost anomaly tracking & alerts, AI-driven cost mapping, streamlined and simplified graphs/charts, and automatically generated resolutions for issues that are actionable and […]
Switch between automatic and manual billing whenever you want. 1Payouts are processed in 1-2 business days for credit card payments and 1-7 business days for bank payments. Deposit times may vary due to processing cutoff times, third party delays, or risk reviews. With Wave’s web-based invoicing software, you can create and send invoices for your […]
ContentFreshBooksThe Best Accounting Software For ArchitectsThings You Need to Know About Accounting for Architectural FirmsHow to notify HMRC that a company has ceased tradingAccounting for Architectural FirmsApply and benefitArchitecture accounting software: the top 5 choicesCalculate Your Real Costs
Architects, city planners, and project managers are constantly overwhelmed by various organizational tasks that are very easy to […]
Note that while both income statements and cash flow statements have three elements, only the balance sheet has assets, liabilities, and equity. Financial statements are written records that convey the business activities and the financial performance of a company. Financial statements are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for […]
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