QuickBooks provides two types of statements -- Billing and Invoice statements. Billing statements bill a customer with charges over a period of time -- for example, a construction company with... read more →

At such times, investors and analysts pay particularly close attention to solvency ratios such as debt to equity and interest coverage. Everyone’s https://www.kelleysbookkeeping.com/ having a good time, and there’s a... read more →

While the Cost Principle offers advantages such as objectivity, simplicity, and transparency, it has received criticisms for its lack of relevance and failure to account for inflation and market fluctuations.... read more →

Embracing accurate interest calculations and leveraging advanced tools fortifies businesses, ensuring compliance, strategic growth, and stability. As we navigate the financial landscape, let the precision in calculating interest expense be... read more →

Companies’ management needs to reduce operating expenses as much as possible but without affecting routine operations and the company’s competitiveness. In accounting, the interest expense formula is used to calculate... read more →

If you’re not using software, you should consider setting a time each month to make payments and the payment method used. For example, you may have vendors you can pay... read more →

Do you understand the details of each of those leases, or do you have that information readily available? If the answer is no, you may be in need of lease... read more →

The terms “payroll service provider” and “payroll services” are often used to apply to either type of organization. We recommend checking out our 2024 guides for the best cheap payroll... read more →

While there aren’t necessarily strict parameters that apply to all companies, a TIE ratio above 2.0x is considered to be the minimum acceptable range, with 3.0x+ being preferred. Over 1.8... read more →

For example, a company might record a substantial expense in Q4 but not have a cash outlay until the next year when the invoice is paid. As a result, the company might post a net loss... read more →

HPC hosting revenue in excess of HPC hosting cost of revenue for the fiscal third quarter of 2024 was $1.3 million (13% gross margin). HPC hosting costs consisted primarily of... read more →

While many small businesses hire an accountant as a consultant, you have several options for handling financial tasks. Awarded by the CFA Institute, the CFA certification is one of the... read more →