It may be more common for a payroll system to integrate with other apps. One thing to note is that an online payroll service may help you store employee hours […]

It is worth remembering that the general rule says that the higher the quick ratio, the higher the company’s liquidity. Although most financial analysts agree that a quick ratio higher […]

Dividends paid are not classified as an expense but rather a deduction of retained earnings. Dividends paid do not show up on an income statement but do appear on the balance […]

Assume you are the chief financial officer of T-Shirt Pros, a small business that makes custom-printed T-shirts. While reviewing the financial statements that were prepared by company accountants, you discover […]

Based on the payment schedule, the company has to make an interest payment of $ 5,000 on the 15th of the month. Of all the financial statements issued by companies, […]

If you do endorse it early, be sure to add a restriction such as “for deposit only” under your signature. To be endorsed correctly, the name signed on the back […]

Accrued expenses are reported as liabilities on a company’s balance sheet and not as expenses. Also, it is important to note that an accrued expense can be an estimate and […]

This individual usually holds an accounting degree and is registered as a certified public accountant (CPA). To use that title, CPAs must pass the CPA exam—which is a highly valued […]

According to a 2022 report from the Business Research Company, the global electronics repair and maintenance market is expected to grow from about $8 billion in 2021 to $9.6 billion […]

This streamlines your tax compliance efforts, minimizes the risk of errors, and ensures that you meet your tax obligations promptly and accurately. To maintain clear financial records and separate your […]