Bookkeeping

When a significant proportion of a company’s debts remain unpaid past their due dates, it may indicate a need for revising credit policies to ensure future debts are collected in a timely manner. The accounts receivable aging report is used as a tool for estimating potential bad debts, which are then used to revise the […]

You can send your customers an unlimited amount of invoices, but the cheapest plan limits that client number to just five. The disadvantage is that outsourcing means your business’s financial information is being viewed by someone else, which you may or may not be comfortable with. Aside from that, you also have to consider what

As stock moves, Unleashed updates the stock value and cost of sale in Xero to ensure your profit reports are correct. Check out this quick explainer video to see how Xero inventory management works in Unleashed. Xero facilitates the calculation of the cost of goods sold with precision, ensuring that businesses have a clear understanding

All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Many companies and services affected by the chaos, such as the New Hampshire Department of Safety, which said its 911 system was briefly down, reported that they were back online by Friday morning. The issue also affected

And as you’re issuing sales invoices, making payments, receiving revenue, Deskera automatically debits and credits the transaction values into the corresponding ledger accounts. At the end of the year, ABC Co. records a debit of $12,500 (25% of XYZ’s $50,000 net income) to “Investment in XYZ Corp.,” and a credit in the same amount to

It impacts how much you can borrow for a home, and it’s also used to determine your federal and state income taxes. You may have heard of the term “net income” before, so you may be http://franko.crimea.ua/news/16120/ interested in learning how it differs from gross income. Net income is what’s left of the total amount

Many times, the profit margin on a flip may be equivalent to a healthy salary in a “normal” job. While there is financial opportunity in flipping houses, don’t get into it without significant capital, guidance and preparation. House flipping is when someone buys a property, holds on to it for a short time and then