A closer value to 100% means the company pays all of its net income as dividends. A value closer to 0% indicates little dividend relative to the money the company is earning. The Outcomes sought by the Fund are based upon the Fund’s NAV at the outset of the Outcome Period. How confident are you in your long term financial […]
Blockchain Payment Systems are new methods of sending and receiving money utilizing blockchain technology. A blockchain is a digital ledger that records transactions securely and transparently. Each transaction is saved in a “block” and linked to the previous Blockchain Payments block, forming a “chain.” This know-how allows folks to switch cash instantly to every other without the necessity for banks […]
These cards offer introductory periods of up to 21 months and charge no interest during that period. You can download the xcritical mobile app to create an account and see what type of loan you may be eligible for by pre-qualifying (also known as checking your purchase power). Pre-qualifying isn’t the same thing as getting approved for a loan, but […]
In the example we shared of construction companies’ collections, almost half of their receivables were being paid severely late. A high degree of late payments can signal that there are some inefficiencies in your collections processes. Calculating cash collections from accounts receivable can help you better understand your current cash position and avoid potential shortfalls before they happen. How to […]
The best way to know if your general ledger is correct is to reconcile all entries then generate a trial balance to verify the completeness and ensure that debit balances equal credit balances. Having an easy-to-read general overview of your company’s finances and creating trial balances can help you spot unusual activity, or fraud quickly, so you can take action […]
If you’re just getting started as an entrepreneur, you may be wondering whether to create these documents manually or use invoicing software. Creating invoices manually has its benefits, as you can fully customise your templates, aesthetics, and process. The seller can send either paper or electronic invoices to the customer. The invoices can be paid in one go or in […]
Video chat with someone in a different time zone than you. Have a friend or family member overseas? Stay up late or plan to wake up super early to chat with them and catch up. “You’re on Vacation, Live a Little!” The feeling to have individuals count on me and to have people I can’t count on is euphoric. I […]
When a company reports a gain, such as the sale of an asset, it may be recorded in its total revenue for a given period. In this way, total revenue includes operating revenue, which are sales from primary business activities, as well as non-operating activities. Gains fall under non-operating activities since they are not a part of a company’s core […]
Personal bookkeeping can be a game-changer, whether you’re an entrepreneur, a freelancer, or simply someone looking for a better financial organization. Yes, our mobile app offers all the functionality to track expenses from both receipt scans and bank/credit card account information. Using the FreshBooks app, you can access reporting features and scan your receipts directly from your mobile device. Yes, […]
However, QuickBooks Desktop may be the better value for businesses that want a locally installed software option with enhanced accounting features. All plans (except QuickBooks Simple Start) come with an unlimited number of time-tracking-only users. If you have five employees who need to track time and only two who need access to other features in the software, you can still […]