Staying within the project budget largely depends on your estimates being accurate. However, you cannot always predict economic conditions, the rates and prices you will have to adhere to —…

In summary, evaluating leverage ratios provides a holistic view of a company's financial risk, solvency, and capital structure. Analysts, investors, and creditors use these ratios to make informed decisions about…

That’s why, for smart business owners looking to grow their enterprises, understanding the ins and outs of free cash flow is of vital importance. An online cash flow to debt…

Again, though certification is not required to work as a bookkeeper, you may want to include a preference for certified candidates in the job description. Bookkeeping covers many different industries,…

Various forms of liabilities that a company might incur are described. Since most businesses operate mainly on credit sales, it is important to understand the implications of your credit and…

Bookkeeping is the process by which a company’s financial transactions are recorded and organized. Single entry bookkeeping is the simplest form of bookkeeping where a single entry is made for…

According to the IRS, a US employee who works at least 30 hours per week or 130 hours per month is considered to be a full-time employee. Along with counting…

Once the customer pays their invoice, the business will then need to record a separate payment journal entry. Sales credit journal entries are an essential part of accrual accounting and…

With high upfront costs for inventory Grocery Store Accounting and demanding production schedules, cash flow is often tricky for CPG brands. It allows brands to offer slight discounts in exchange…

Fixed assets, which are also called property, plant and equipment, go through a few stages in their life at any enterprise. Finally, when the assets are used to their full…