Advanced dashboard tools and management reporting software let businesses use real-time insights to make confident, data-driven decisions to improve business performance. For purposes of simplicity, the liabilities on our balance sheet are only short-term and long-term debt. In our debt-to-equity ratio (D/E) modeling exercise, we’ll forecast a hypothetical company’s balance sheet for five years. To […]

Getting started is now a better deal than ever with 30 days free, plus 50% off for 3 months after that. For as much as advancements in technology have made payroll easier, an evolving workforce and compliance regulations continue to make it complex. Our frequently asked questions can help you understand the basics of payroll. […]

To fully understand this concept, it’s helpful to know how to calculate retained earnings, as it provides insight into a company’s profitability over time. When the balance sheet is not available, the shareholder’s equity can be calculated by summarizing the total amount of all assets and subtracting the total amount of all liabilities. The formula […]

Beacon lets you track ocean containers and road freight right alongside your air waybills in a single platform. The most advanced shipment tracking platform for modern logistics. Monitor air and sea cargo across 75+ carriers worldwide. Partner with 17TRACK, trusted by over 2800+ carriers globally. Enhance your service visibility, improve efficiency, and provide better tracking […]

And both departments need each other to keep each other informed of ongoing activities and help create future strategies. That’s why it’s important to create a good working relationship between marketing and finance. The integration of accounting practices into marketing strategies is essential for business success. As companies aim to enhance their market presence and […]

The cost of a $5,000 surety bond is not a fixed amount, but a premium that varies based on several factors. While the bond amount provides a financial guarantee of $5,000, the actual payment depends on a risk assessment. This article explains how the cost is determined and outlines steps to obtain a specific price. […]

With the right platform, tools, and partners, you restaurant and food service supply chain solutions can turn your supply chain into a powerful driver of profit, quality, and customer satisfaction. They’re no longer “winging it” with food ordering or vendor management. They’re using SynergySuite to build data-driven, resilient, and cost-effective restaurant supply chains. The primary […]

There are many opportunities to work in a salaried position from home to gain on-the-job training. The Intuit Tax and Bookkeeping Talent Community is a great place to find remote bookkeeping jobs and access training material. You can also find remote jobs on job board websites such as Indeed. Who are good candidates to become […]

You must use the same method for reporting your inventory across all of your financial statements and your tax return. If you want to change your inventory accounting practices, you must fill out and submit IRS Form 3115. If your inventory costs are increasing over time, using the FIFO method and assuming you’re selling the […]

This allows the company to verify its checking account balance more frequently and to make any necessary corrections much sooner. Reconciling bank balance and book bank vs book reconciliation balance is also key for financial planning and budgeting. Accurate financial records enable businesses to forecast future cash flows well, make strategic investments, and plan for […]