από gpolyme | Νοέ 22, 2023 | Bookkeeping
Plus, you’ll find details on how QuickBooks stacks up against its competitors, as well as alternatives to consider. It has even partnered with an insurance company to offer vision, dental, and medical insurance. Once the employees complete their applications,...
από gpolyme | Αυγ 21, 2023 | Bookkeeping
So for example the expenditure on August 1 of 200,000 was funded for 5 months of the year (August to December), and the weighted average amount is calculated as follows. To qualify the asset must take a period of time to bring it to the condition and location...
από gpolyme | Αυγ 7, 2023 | Bookkeeping
A voided check is a check that cannot be used for financial purposes to pay for anything. You might be asked to void a check, and turn it in with some paperwork to get direct deposit started. Direct deposit allows your paycheck to go directly into your account. If you...
από gpolyme | Ιούλ 5, 2023 | Bookkeeping
As such, AP is listed on the balance sheet as a current liability. Typical payables items include supplier invoices, legal fees, contractor payments, and so on. This account includes the total amount of long-term debt (excluding the current portion, if that account is...
από gpolyme | Ιούν 22, 2023 | Bookkeeping
It is the risk that any Bank or lending institution takes that the borrower may not pay back their debt in full or on time. For example, if you lend money to a friend and they don’t repay you, you face default risk. Similarly, if you buy a bond and the issuer doesn’t...
από gpolyme | Μαρ 1, 2023 | Bookkeeping
For example, a corporation paying 6% on its loans may have an after-tax cost of 4% when its combined federal and state income tax rate is 33%. On the other hand, the dividends paid on the corporation’s preferred and common stock are not tax deductible. Companies...
