Category: Bookkeeping

Content Softwares used in risk analytics Run a Credit Check on the Borrower The 5 Cs of Credit Guidelines on common reporting of large exposures Recommended Articles Ways to Manage Credit Risk If the risk of nonpayment is higher, the lender is more likely to demand compensation in the form of a higher interest rate.… Continue reading What Is Credit Risk? Its the Ability to Repay a Loan

Content Definition of Financial Leverage Types of Leverage Trading platforms thoughts on “Is Leverage Good or Bad?” When companies sell corporate bonds or take out loans, they do so to fund specific income-generating projects. As mentioned above, common uses of debt financing include hiring, the purchase of assets like plants or equipment, research and development… Continue reading Financial Leverage Learn How Financial Leverage Works

Content Your ultimate guide to SMB accounting Subscription market insights you won’t find anywhere else. What is accrued revenue? What Does Unearned Revenue Mean? Unearned Revenue vs. Earned Revenue If it is a monthly publication, as each periodical is delivered, the liability or unearned revenue is reduced by $100 ($1,200 divided by 12 months) while… Continue reading Unearned revenue

Content How To Set Up and Manage a Petty Cash Account Demonstration of Typical Petty Cash Journal Entries Master the Basics of Petty Cash Accounting How to Do a Petty Cash Reconciliation Advantages and Disadvantages of Petty Cash Share This Book Create a petty cash account Petty cash is usually operated on an “imprest” system… Continue reading Petty Cash Accounting Journal Entries Video & Lesson Transcript

Content Features Bookkeeper360: Best Online Bookkeeping Service for Xero Users What Are the Benefits of Using Online Bookkeeping Services for Your Business? Spend More Time on Your Main Business How long does it take to see results from your services? Its basic, no-frills package includes monthly financial statements and annual 1099 filing for your contractors… Continue reading 6 Best Online Bookkeeping Services for Small Businesses

Content Accounts Payable Not asking professionals for help PCLaw: best law firm accounting software for large companies See if you’re eligible for business financing These are two different types of transactions and need to be managed accordingly. Having a bookkeeping and accounting system in place will ensure that the payments to yourself are recorded appropriately… Continue reading Top 5 Legal Accounting Software for Modern Law Firms

Content Federal EITC California Income Tax Brackets and Rates: Single or Married/Registered Domestic Partner Filing Separately Help us achieve our vision of a world where the tax code doesn’t stand in the way of success. California Can’t Give Up Tax Increases Those 43 states have a major competitive advantage over California when manufacturers are deciding… Continue reading California Tax Calculator: Estimate Your Taxes