Category: Bookkeeping

  • Intuit QuickBooks Online 2024: 1-Year Subscription for PC Mac Click2Houston

    That’s not to say the rest of its features aren’t impressive — it’s just to say that the solution fits businesses interested in a payroll-centric solution particularly well. Learn to create meaningful reports and assess your business’s financial health using revenue, expenses, profits, and cash flow. While most accounting software is easy to use, a…

  • Margin of Safety Formula, Calculation, Example, and FAQs

    For example, run highly time-limited special offers to encourage customers to act quickly. They can provide the goods or services immediately because they know their payment is confirmed. The margin of safety (MOS) is the difference between your gross revenue and your break-even point. Your break-even point is where your revenue covers your costs but…

  • Margin of Safety Formula, Calculation, Example, and FAQs

    For example, run highly time-limited special offers to encourage customers to act quickly. They can provide the goods or services immediately because they know their payment is confirmed. The margin of safety (MOS) is the difference between your gross revenue and your break-even point. Your break-even point is where your revenue covers your costs but…

  • 7 Infographic Examples You Can Use For Your Business

    Now It never hurts to ask yourself if you honestly think your own infographic is worth reading. Because if you’re getting bored looking at it, then you know you have a problem. A surefire way to get people to care about your infographic is to pick a topic that solves a burning problem. We’ll look…

  • Balance Sheet Template Download Free Excel Template

    Apple’s total liabilities increased, total equity decreased, and the combination of the two reconcile to the company’s total assets. Use this balance sheet for your existing businesses, or enter projected data for your business plan. Annual columns provide year-by-year comparisons of current and fixed assets, as well as current short-term and long-term liabilities. By reviewing…

  • How To Draw Mary And Jesus

    This is a cartooning lesson that is especially appropriate for the holiday season, given that Christmas is all about the birth of baby Jesus. During this lesson, you will learn how to sketch the newborn Jesus in his manger crib, the Virgin Mary, and Joseph. In this tutorial, I’ll walk you through the process of…

  • Nonprofit and Government Accounting Fundamentals Training Course

    One of the first things we need to clarify before digging deeper into bookkeeping for a nonprofit is the difference between nonprofit and for-profit entities. Each payment app or online marketplace has its own processes to determine the nature of payments, and you should review the policies of any apps or online marketplaces you use.…

  • Accrued Expenses Journal Entry: Debit or Credit?

    If the company receives an invoice for $5,000, accounting theory states the company should technically recognize this transaction because it is contractually obligated to pay for the service. Accrued interest is recorded on an income statement at the end of an accounting period. Accrued interest is recorded differently for the borrower and lender. The prepaid…