by admin | Nov 2, 2022 | Bookkeeping
The gross profit margin represents a company’s total profits, while the contribution margin only refers to the earnings per unit. Typically, investors like to see a company’s profit margin in their pitch deck, while the contribution margin ratio is used...
by admin | Oct 21, 2022 | Bookkeeping
Striving for sales growth often means major upfront investments in assets, including accounts receivables, inventories, production equipment, and facilities. A decline in demand can leave an organization high and dry and over-invested in is accounts receivable...
by admin | Sep 23, 2022 | Bookkeeping
One thing to remember is that the price of a bond is inversely related to the interest rate. When interest rates go up, the price of a bond goes down, and vice versa. After calculating cash flow, discount the expected cash flow to the present. A bond is a type of debt...
by admin | Jul 28, 2022 | Bookkeeping
The net amount put into this account equals the business’s net profit or loss for the period. Shifting revenue out of the income statement, therefore, entails debiting the revenue account for the total amount of revenue recorded in the period and crediting the income...
by admin | Jul 20, 2022 | Bookkeeping
Double-entry accounting is a method that records each financial transaction with two entries, using debits and credits to ensure accuracy. This approach helps in detecting errors and ensuring the balance sheet remains balanced. How your business pays income tax is...
by admin | Dec 10, 2020 | Bookkeeping
A bookkeeper’s job comprises maintaining and balancing financial records, including transactions from coworkers. Effective communication is essential for recording those daily transactions. Financial institutions, investors, and the government need accurate...
