The individual or business that signs the note is referred to as the maker of the note. Notes receivable refers to a written, unconditional promise made by an individual or business to pay a definite amount at a definite date or on demand. It is calculated as ($50,000 x 6%) multiplied by the ratio of […]
For various reasons, some firms appropriate part of their retained earnings (RE). Organizing your expenses into specific budget categories helps you prepare for a smooth tax filing season and make more informed business decisions. Stay updated on the latest products and services anytime anywhere. Retained earnings and profits are related concepts, but they’re not exactly […]
You can fill a Magic Envelope with all of your paper receipts, send it in and have Shoeboxed take care of scanning and digitizing everything. That could come in handy if you’ve been collecting receipts all year but need to organize them all come tax time. Everlance offers unlimited receipt uploads—even on its free plan—which […]
Now, how much amount is transferred to the paid-in capital depends upon whether the company has issued a small or a large stock dividend. As stated earlier, retained earnings at the beginning of the period are actually the previous year’s retained earnings. This can be found in the balance of the previous year, under the […]
Even though you’re applying for the role of bookkeeper, that doesn’t mean your resume should be nothing but numbers and stats. If you already have any examples of your bookkeeping skills, feel free to upload them online and link it in your resume (we’re going to explain how in a bit). But don’t threat – […]
Accountants help businesses understand the bigger picture of their financial situation. Double-entry bookkeeping records all transactions twice, usually a debit and a credit entry. Typically, double-entry bookkeeping uses accrual accounting for liabilities, equities, what is a bookkeeper assets, expenses and revenue. Typically, single entry bookkeeping is suitable for keeping track of cash, taxable income, and […]
Such new features and/or services shall be subject to the terms of this Agreement. If you are unable to fulfill all of these requirements, you must immediately stop all use and terminate your access to the Services. Trusted by industry leaders since 2013, Aspire Software was created by landscape contractors, for landscape contractors. Business Solutions […]
