Working capital management ensures a company has sufficient cash flow in order to meet its short-term debt obligations and operating expenses. Working capital is also a measure of a company’s operational efficiency and short-term financial health. If a company has substantial positive NWC, then it...

Content Can You Write off LLC Fees? Lawyer Fees Are Typically Not Tax-Deductible FAMILY LAW PAYMENT PORTAL Non-Deductible Legal Service Fees RELATED REPORT: 2019 Survey Findings How Corporate Tax Departments Are Evolving Tax Deductible Legal Expenses Explained Instead, they’re most often treated ...

Content How to Calculate Total Variable Costs Advantages of Variable Costs Meaning of variable cost in English Boosting Cash Flow with Accounts Receivable Management Variable Cost Businesses vs Fixed Cost Businesses For the examples of these variable costs below, consider the manufacturing and distr...

You are usually paying for QuickBooks, your education, and insurance. Veronica Wasek from 5-Minute Bookkeeping has a great pricing strategy. For her fixed-rate pricing, I believe she does the 1-3% for any clients that are $300k or below. For a client who’s revenue starts at $300k and goes up, she ...

Payroll expenses are usually entered as a reversing entry, so that the accrual can be reversed when the actual expenses are paid. An accrued expense is an expense that has been incurred before it has been paid. For example, Tim owns a small supermarket, and pays his employers bi-weekly. In March, Ti...

Content Join PRO or PRO Plus and Get Lifetime Access to Our Premium Materials Contribution Analysis Template Calculating Breakeven Output – Formulae What counts as a capital contribution? More from Merriam-Webster on contribution What are Variable Costs? Contribution Margin vs. Gross Profit M...

Content Risk vs. Return Premium Investing Services Here’s What Happens When a Bond Is Called How a Callable Bond Works Callable Bonds Call Features Meaning of callable bond in English Bonds are a source of capital for companies, who, in return, pay fixed interest rates to respective investors....

Content Cash vs. Accrual Accounting What skills does a bookkeeper need? Posting to Ledger Accounts The most experienced How much does it cost to start, and what can you expect to make? Budget for major expenses and set financial goals A CPA Firm Specialized in Startup Accounting & Finance Techn...