Category: Bookkeeping

This should be particularly useful when the business is at its peak and one must make quick decisions to maintain relative smoothness of operations and also to speak to an employee’s concern at the moment it occurs….

This professionally designed service invoice template will calculate line item totals, sales tax, and the grand total. However, for compatibility reasons, it is advisable to use these on Microsoft Office only, the last thing you want when…

The capital turnover ratio may vary depending on the industry, the business model, and the accounting methods of the company. Different industries may have different levels of capital intensity, which means that some industries may require more…

“It takes money to make money” is a cliché in the business world, but it points to a very real issue that businesses – regardless of size – must contend with. Investors and a company’s management need…

I crashed headfirst into the great cultural divide, flexible ethics, wildly overblown commitments, and some corruption. Indian BPO market to hit $8.8 bn by 2025 with new changes and a liberalized regime with a growth rate close…

These items are referred to as “current assets” because the company expects to convert them to cash within one year. You will also add in all long-term assets such as patents, buildings, equipment and notes receivable, which…

This calculation is not just a theoretical exercise; it directly informs your sales targets and operational strategies. Understanding your fixed costs helps manage financial commitments and avoid unexpected expenses. It’s all about understanding when your sales will…

Whether you are an aspiring entrepreneur or a hands-on CEO with an ambitious idea, figuring out where and when you would eventually break even could be a true deal-maker or breaker. She holds a Bachelor of Science…

The U.S. accounting services industry, including bookkeeping, is experiencing significant growth, projected to reach over $1 trillion by 2026. Let us handle the complexity of finance so you can focus on what matters most—growing your business. Moreover,…

In other words, the amount allocated to expense is not indicative of the economic value being consumed. Similarly, the amount not yet allocated is not an indication of its current market value. At the end of the…