Archivo de la categoría: Bookkeeping

The best property management software maximizes efficiency, convenience and ROI for property managers, occupants and investors. Yardi software produces these outcomes by automating business processes, consolidating data and enabling execution of all operations from a single platform. You can work … Sigue leyendo →

This level of stock indicates the maximum figure of inventory quantity held in stock at any time. Its calculation is not a difficult task, but you will first need to make another formula, referring to the average daily consumption of … Sigue leyendo →

Buyers want to minimise risks, and any sign of a lack of transparency or incomplete information can make them withdraw or try to renegotiate the purchase price. If you identify possible issues in advance, you will be able to solve … Sigue leyendo →

However, it will be a cost burden to the company since you need to have more space in the warehouse for that excess stock and pay a salary to the laborers handling the inventory. To calculate the demand average, you … Sigue leyendo →

When a publicly traded company in the United States issues its financial statements, the financial statements have been audited by a Public Company Accounting Oversight Board (PCAOB) approved auditor. The PCAOB is the organization that sets the auditing standards, after … Sigue leyendo →

Therefore, it is important for businesses to carefully consider the pros and cons of a periodic inventory system before deciding to utilize it. Ultimately, the decision should be based on the company’s individual needs and budget. The debit, merchandise inventory … Sigue leyendo →

Assets are resources a company owns that have an economic value. Assets are represented on the balance sheet financial statement. Some common examples of assets are cash, accounts receivable, inventory, supplies, prepaid expenses, notes receivable, equipment, buildings, machinery, and land. … Sigue leyendo →

Connect and map data from your tech stack, including your ERP, CRM, HRIS, business intelligence, and more. Sync data, gain insights, and analyze performance right in Excel, Google Sheets, or the Cube platform. Bad debt expense represents the money that … Sigue leyendo →

The most common credits and debits made to Retained Earnings are for income (or losses) and dividends. Occasionally, accountants make other entries to the Retained Earnings account. This statement of retained earnings can appear as a separate statement or as … Sigue leyendo →

If you’re planning to raise capital, we can handle your equity accounting, ensure financials are ready for audit, and achieve GAAP compliance. Decimal offers a number of add-on options to accompany its bookkeeping services. Several of those additional services — … Sigue leyendo →