Category: Bookkeeping

Accounting Services for Artists Naperville’s Top Rated Firm

You will not need to search in hundreds of various folders, boxes, and documents every time. Trusting an accounting firm with your tax needs is an important decision. Our firm has the experience of a large consultancy with the personalized touch of a smaller organization. These items may have non-negligible acquisition cost, they might be […]

How To Calculate Profit Margin

Businesses that are running on borrowed money may be required to compute and report their profit margins to lenders (like a bank) monthly. For example, if a company reports that it achieved a 35% profit margin during the last quarter, it means that it netted $0.35 from each dollar of sales generated. When calculating the […]

Gross Margin: Definition and How to Calculate The Motley Fool

Gross Margin Ratio, also known as Gross Profit Margin, is a financial metric that measures a company’s profitability by comparing its gross profit to its net sales. It is expressed as a percentage and helps businesses understand how much money is left after covering the cost of goods sold (COGS). A high gross margin percentage […]

Calculating Cash Flow From Investing Activities

Along with this, expenditures in property, plant, and equipment fall within this category as they are a long-term investment. The net cash flows generated from investing activities were $46.6 billion for the period ending June 29, 2019. Overall Apple had a positive cash flow from investing activity despite spending nearly $8 billion on new property, […]

Current Ratio Definition, Explanation, Formula, Example and Interpretation

Current ratio is a number which simply tells us the quantity of current assets a business holds in relation to the quantity of current liabilities it is obliged to pay in near future. Since it reveals nothing in respect of the assets’ quality, it is often regarded as crued ratio. Current liabilities are items owed […]

Current Ratio Definition, Explanation, Formula, Example and Interpretation

Current ratio is a number which simply tells us the quantity of current assets a business holds in relation to the quantity of current liabilities it is obliged to pay in near future. Since it reveals nothing in respect of the assets’ quality, it is often regarded as crued ratio. Current liabilities are items owed […]

Straight Line Depreciation: Understanding the Basics and Application

It is most useful when an asset’s value decreases steadily over time at around the same rate. The company can now expense $1,000 annually to account for the equipment’s declining value. This $1,000 is expensed to a contra account called accumulated depreciation until $500 is left on the books as the value of the equipment. Assets […]

11 Best Smart Notebooks and Smart Pens 2024: Tablets, Digital Pens, and Reusable Books

Consider the concept, ideally, as a device somewhere between a smartphone and a Netbook–hence “smartbook.” Unfortunately, it’s an easier concept to buy into in theory than in practice. As another tweener device, the biggest question is how exactly its computing environment will feel. Netbooks can run a full desktop environment, smartbooks reviews just with a […]

What are Clearing Accounts

Additionally, the clearing account can signal if some transactions are missing in case the balance does not zero out or match your payment provider’s account. Synder can supercharge your accounting and make bookkeeping and financial reporting easier for business owners and professional accountants. The balance of this clearing account allows you to easily track whether […]