Independent Consultant’s Guide to CARES Act The Benefits Explained

Content What costs are not eligible for payroll? CARES Act stimulus for small businesses The small business owner’s guide to the CARES Act For more business strategies The Five W’s of the CARES Act for Small Business Owners NEW: The Small Business Owner’s Guide to the CARES Act EIDLs are meant to help businesses with […]

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Impact of Stock Dividends and Stock Splits on Earnings Per Share EPS

Content Recent Dividend Payments / Declarations Related to Stock Split or Stock Dividend Sign up for Investor Updates About Apple Investing implications For example, a common stock split ratio is a forward 2-1 split (i.e., 2 for 1), where a stockholder would receive 2 shares for every 1 share owned. This results in an increase […]

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How To Determine an Asset’s Salvage Value

Content AccountingTools How To Determine The Cost Basis For Depreciation On A Rental Home Scrap Value Definition Browse the financial glossary in alpabetical order Companies take into consideration the matching principle when making assumptions for asset depreciation and salvage value. The matching principle is an accrual accounting concept that requires a company to recognize expense […]

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QuickBooks Small Business Software Business Bank Accounts

Content Have multiple businesses? Let Payzerware help you grow your business What is the cutoff time for scheduling transfers and Bill Pay payments? How do I manually import my transactions from U.S bank into QuickBooks? Jumpstart your learning journey with fresh strategies for business growth. Join interactive, expert-led sessions, roundtables, trainings, and workshops about the […]

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A Detailed Breakdown Of Nonprofit Accounting Basics

Content A free guide for private school leaders, board members and finance staff. Follow us on social media Why is GAAP important? Nonprofit Financial Statements Internal Controls Nonprofit Accounting Best Practices Read the Full Guide Below The CAFR analyzes the financial status of the entity, and is put together using the GAAP and GASB. There […]

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Working Capital to Debt Ratio

Content What Does the Current Ratio Indicate? Current Ratio Calculator Current Assets How to Calculate Sufficient Liquidity Accounts Payable More Business Planning Topics This is often caused by inefficient asset management and poor cash flow. If the business does not have enough cash to pay the bills as they become due, it will have to […]

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Inventory accounting: IFRS® Standards vs US GAAP

Content Types of Inventory Inventory Net realizable value method: Top 10 differences related to inventory accounting There is an interplay between the inventory account and the cost of goods sold in the income statement – this is discussed in more detail below. The inventory turnover ratio, number of days of inventory ratio, and gross profit […]

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FOB Shipping Point vs Destination

Content Hidden LTL Costs and How to Avoid Them | JBS Logistics Inc. The Fine Print of FOB Shipping and Destination What is FOB Destination? Where are the risk transfers in FOB? FOB Shipping Point vs. Destination When a shipment is designated https://www.bookstime.com/, it means that ownership of the goods transfers to the buyer immediately […]

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Difference between journal and ledger

Content PROFORMA OF LEDGER How Do You Write an Accounting Ledger? What Is an Accounting Ledger? Main Differences Between Journal And Ledger Resources for Your Growing Business Difference between Cash Basis Accounting and Accrual Basis Accounting A general ledger is a record-keeping system for a company’s financial data, with debit and credit account records validated […]

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6 Types of Contra Asset Accounts and What They Mean

Content Understanding a Contra Account AccountingTools Example of a Contra Account Contra Account Gain on Debt Reduction What is Accumulated Depreciation? When a good is sold on credit, the amount receivable from customers is shown under the debtor’s balance sheet balance. It is a standard business practice to prepare an estimate for the amount likely […]

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