Category: Bookkeeping

These participating dividends may be tied to company achievements such as total sales, earnings, or specific margins. A participating preferred stockholder may also earn these types…

For borrowers in such situations, securing financing, even with these conditions, can be crucial for business growth or personal financial recovery. This requirement, essentially a minimum…

But, if the contractor becomes aware that the contract will end in a loss, it should be recorded on the income statement as soon as possible.…

When you hire someone for a job, you expect transparency around what their services will cost. That’s why you ask a lawyer for their hourly rate…

If the company has already leveraged all of its assets and can barely meet its monthly payments as it is, the lender probably won’t extend any…

Even if you have a PTIN but you received it prior to September 28, 2010, you must apply for a new or renewed PTIN by using…

Restaurateurs and investors use EBITDA when they’re looking to sell, buy, or invest in a restaurant to help guide their buying decisions. It’s a tool for…

These allowances can also provide insights into the quality of goods and services received from suppliers. By allocating resources towards capital expenditures, businesses not only improve…

Investors can use this method to automatically buy more shares at cheaper prices and fewer shares at rising prices. Allocation amounts are also important when making…

And choosing the right accounting software, creating a proper accounting management system and generating timely cash flow statements are the key to success. Ready to strengthen…