Category Archives: Bookkeeping

An accounts receivable aging report provides a summary of unpaid customer invoices. It is used by businesses to track and analyze the aging of their accounts receivable. Also, It helps businesses monitor their cash flow, identify potential collection issues, and make informed decisions regarding credit terms and collection strategies. You can also further use the […]

Capex spending is reported on a company’s balance sheet under a cash flow statement instead of being expensed on an income statement. CapEx can be found in the cash flow from investing activities in a company’s cash flow statement. Different companies highlight CapEx in several ways, and you may see it listed as capital spending, […]

Overall, WPS Office is a powerful and feature-rich office suite that is a great alternative to Microsoft Office. It is free to use, compatible with Microsoft Office files, and offers a variety of features, including https://www.kelleysbookkeeping.com/ cloud storage, collaboration tools, and mobile apps. My name is Radu Meghes, and I’m the owner of excelexplained.com. Over […]

For example, without a percentage sign, 15% becomes 0.15. By default, Excel display the result in the Currency format, rounded to 2 decimal places, highlighted in red and enclosed in parenthesis, as shown in the left part of the image below. The image on the right shows the https://www.quick-bookkeeping.net/ same result in the General format. […]

By submitting this form, you consent to receive email from Wall Street Prep and agree to our terms of use and privacy policy. Our videos are quick, clean, and to the point, so you can learn Excel in less time, and easily review key topics when needed. 15 years of office industry experience, tech lover […]

The present value formula discounts the future value to today’s dollars by factoring in the implied annual rate from either inflation or the investment rate of return. For example, if an investor receives $1,000 today and can earn a rate of return of 5% per year, the $1,000 today is certainly worth more than receiving […]

The comprehensive bookkeeping support services our bookkeepers and other employees provide lead to immediate and guaranteed results. Our expertise in corporate financial information can be crucial to free up your schedule and allow you to concentrate on the other departments of your enterprise. His Bookkeeping, LLC is a fully insured and independently owned company. As […]

The role of consignee and consignor must be clarified to establish who is responsible for what. Without an established consignee, the carrier could be considered responsible for ownership of goods, including the handling customs duties, or the cargo could be abandoned at the border. It is important to understand the differences between consignor vs. consignee. […]

Notice that in year four, the remaining book value of $12,528 was not multiplied by 40%. Since the asset has been depreciated to its salvage value at the end of year four, no depreciation can be taken in year five. Depreciation for the year was calculated on the straight-line method. Since the oven had no […]

While it may be tempting to move to another state to get things done faster if you see fewer requirements, you may want to get licensed in the state you plan to work in. Your employer how to calculate vacation accruals free pto calculator (or client) may require you to obtain the license in the […]