Read this article about the advantages and disadvantages of leasing an asset. The fixed asset turnover ratio measures how efficient a company is at using its fixed assets to generate income. This calculation can be analyzed with other metrics to …
Our team of pros is familiar with Colorado tax rules and will customize their approach to your business’ unique needs. Find out how we can help you with all your accounting and tax needs. We’ll supply the business concepts and …
In Part VI of the IJ, Project Management, an individual must be identified from solely the lead nonprofit organization that will oversee the projects carried out by the nonprofit organizations in the consortium and assess their plan. The lead nonprofit organization within …
So, in the table, you can see the calculated working capital for the years 2020 and 2019. So, the first step for calculating the changes in NWC is the calculation of the Current assets of the current year and previous …
While the dividends are not guaranteed, preferred dividends must be paid in full before any dividends can be paid to common shareholders. Common shareholders are what most people think of when referring to a shareholder—they own part of the corporation …
“Staying compliant with global tax regulations can be a challenge, but NetSuite simplifies this area considerably by ensuring things like calculating and remitting VAT are properly addressed without too much busywork. It also offers strong budgeting functionality to assist with …
Sometimes, they use one method for their bookkeeping and another for tax reporting. All this is legal — and even advisable — but the only thing is to remain consistent over time. Recognizing revenue correctly is essential for construction accounting …
Here are some basic steps to get you started keeping track of your small business’s financial information, generating financial statements, and filing taxes. This method records both invoices and bills even if they haven’t been paid yet. This is a …
For any cash payment through an IRS retail partner, you will be charged a fee of either $1.50 or $3.99 that goes to the cash processing company. On the Download a Return page, select the year of the return you …
All of our teams are led by a high-level VP of Finance that manages a dedicated team experienced in handling transactional accounting. Depending on what model you choose, you may be more actively involved in managing the team, or you …