Bookkeeping

Dividend Journal Entry Declared Paid Example

This includes the definition QuickBooks Accountant of dividend, dividend policies, and how to account for [...]

Contribution Margin What Is It, Formula, Calculator

It can be calculated on a per-unit basis, or as a ratio, often expressed as [...]

How to Close the Books at the End of the Fiscal Year: A Step-by-Step Guide

Companies must reconcile all accounts, including bank statements, payrolls, and intercompany transactions. Critical documents, such [...]

Avoiding Double Payments in a Distributed Payments System

Periodically reconciling vendor statements against internal records helps identify and resolve discrepancies before overpayments occur. [...]

Days Sales in Inventory DSI Definition, Formula and Benefits

Fast-moving consumer goods (FMCG)Think supermarkets, pharmacies, and drugstores. These businesses generally have lower DSIs due [...]

Logan Allec, CPA

Led by Calvin Hedman who has over 30 years of experience as a CPA, it [...]

Loan agreements: Negotiating Terms with Compensating Balances

On the flip side, tying up funds in these balances can limit immediate access to [...]

Budget reporting: How to create and present a clear and comprehensive budget report

You should include a clear and specific call to action that tells your audience what [...]

The CARES Act and Qualified Improvement Property

This election is made for each class of property placed in service during the tax [...]