por Luis Gabriel | Mar 21, 2024 | Bookkeeping
It can reinvest this money into the business for expansion, operating expenses, research and development, acquisitions, launching new products, and more. The specific use of retained earnings depends on the company’s financial goals. Ultimately, the company’s...
por Luis Gabriel | Sep 21, 2023 | Bookkeeping
To qualify, businesses generally need a high annual turnover and robust trading history. Lenders prefer companies with a proven record of issuing and collecting invoices, along with a strong credit score. This method of business finance can help maintain a healthy...
por Luis Gabriel | Sep 14, 2021 | Bookkeeping
Then, when the money is paid to the state, the money is no longer owed and the interest payable account will be zero. Create specific segments in your chart of accounts to track financials by attorney, location, and matter, providing detailed insights. And that’s...
por Luis Gabriel | Oct 14, 2020 | Bookkeeping
My “aha” moment came when I realized that gross sales represent the total revenue from all sales (before any adjustments are made). In contrast, net sales strip away some aspects to give a more accurate picture of what’s coming into the business. Once this clicked, I...
por Luis Gabriel | Sep 2, 2020 | Bookkeeping
Use the robust, advanced stock screener, talk to WarrenAI (your new personal financial analyst), be inspired by some of the world’s top investment portfolios. Besides, despite the fact that they are generally spoken to as a solitary class of the organization, an...
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