por kautella | jul 20, 2023 | Bookkeeping
Credit card payments can also be made remotely without physically signing or processing payments. Credit cards are also easy to carry and store, avoiding the hassle of storing, printing or mailing them to the vendor. Notes Payable are written agreements that are...
por kautella | jul 19, 2023 | Bookkeeping
The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. The obvious problem with the cost principle is that the historical cost of an asset, liability, or equity investment is simply what it was worth on the...
por kautella | ago 3, 2022 | Bookkeeping
A capital lease, now known as a finance lease, resembles a financed purchase; the lease term spans most of the asset’s useful life. An operating lease resembles a rental agreement in that the asset is used for a set time with useful life remaining at lease end. The...
por kautella | jun 28, 2022 | Bookkeeping
It’s what’s left over for the owner after you’ve subtracted all the liabilities from the assets. It’s important to note when it comes to publicly traded companies that owner’s equity and market capitalization (market cap) are two very different concepts....
por kautella | dez 29, 2021 | Bookkeeping
The income statement is essential for understanding the financial health of a business and is often referred to as a profit and loss (P&L) statement or statement of earnings. The income statement...
por kautella | out 28, 2021 | Bookkeeping
Whatever it is you want to fix, take note of the issue and evaluate whether any progress has been made after introducing your new tool. If your business relies on manual accounting for your expense approval process, you are exposed to revenue loss through simple...