Category: Bookkeeping

If you do not, you could end up paying more than what these items are actually worth which is something that you should avoid. Having a checklist in hand will ensure that no potential deduction is overlooked which could lead to significant savings over time. Any U.S. federal tax advice contained in this website is […]

After reading about how to write an invoice, you’ll know there are certain elements to pay attention to if you have international customers. Without payment terms, a customer won’t be clear on how they are supposed to pay the invoice. This could delay your payment, and leave you chasing after customers. Not everyone knows how […]

For this reason, business analysts and investors may use the debt-to-equity ratio and other leverage ratios to help them assess whether a company’s debt load is good or bad. The Debt to Equity Ratio (D/E) measures a company’s financial risk by comparing its total outstanding debt obligations to the value of its shareholders’ equity account. […]

What she doesn’t see is the software making a journal out of this entry in order to get the books to balance (double-entry bookkeeping). On the front-end of the software, she will probably be looking at the bank transactions page, where she will enter a transaction and allocate it to the correct account on the […]