Category: Bookkeeping

Current trends in the leasing industry include the growing use of technology in lease management, an increase in equipment leasing, and a rise in green leasing for sustainable business practices. Future prospects point towards an even greater prevalence of leasing, with technology like blockchain potentially revolutionizing lease management. Lease big data and analytics agreements can […]

It’s also known as stockholder’s equity, owner’s equity, shareholder’s equity, or just equity, and it refers to a company’s assets minus its liabilities. On the other hand, book value per share is an accounting-based tool that is calculated using historical costs. Unlike the market value per share, the metric is not forward-looking, and it does […]

While indinero’s base plan may be a little pricier than other firms, its all-in-one accounting services still will save fledgling businesses time and money. The Essential plan is designed for startups and smaller businesses that use cash basis accounting. If you need accrual basis accounting, you will need to step up to its Growth plan. […]

GoBusiness is here to help, by making the process seamless, fuss-free, and all the more easy for you to kickstart your business and be your own boss. The SSIC refers to the national standard developed by the Singapore Department of Statistics (DOS) to classify all registered firms into the respective industries based on their principal […]

I have heard the industry standard is 10% of the overall project is given to project closeout. You, however, get a free demo to get more information on the software. You get tons of features, but they may initially require some getting used to. However, once you do, you will enjoy its flexibility, versatility, and […]

It aligns with the project completion ratio and most lenders or guarantors require this. Users particularly like the customization of reports and how robust the GL is, offering details on every aspect of a transaction. You’ll be able to streamline payroll administration making sure everyone is paid timely and correctly. QuickBooks Online offers 50% off […]

When every company follows the same framework and rules, investors, creditors, and other financial statement users will have an easier time understanding the reports and making decisions based on them. The monetary unit assumption means that accounting measures transactions and events in units of money. This assumption overcomes the problems that would arise by mixing […]

You must employ several accounting strategies mentioned in this blog as a retailer. Despite its limitations, the retail accounting method is easy and saves time. Zoho Books has a clean user interface, extensive self-help library, and excellent customer support. But if you get the Professional plan, you get more features like tracking time and assigning […]

To help illustrate the above retail accounting approaches, let’s look at an example. Let’s also say you have a 30% markup on all items and you know that your inventory was valued at $100,000 last quarter. On the income statement, you track revenue, or all of the money your business is earning. From the revenue, […]

AI is set to drive continued growth in the accounting software sector. This technology is powering automation tools that streamline key accounting processes, thus minimizing tedious https://www.wave-accounting.net/ work. It’s also behind live-chat tools that make it easier to provide customer service. QuickBooks is an accounting software package designed for small and medium-sized businesses. Other top […]