Month: January 2021

Outsourcing to India is generally a good idea for your non-core tasks as long as you have chosen the right outsourcing company to partner with. Outsourcing to India gives companies and clients access to a vast pool of young and seasoned talents. However, the country still manages to be recognized as one favorite outsourcing destination of multinational …

This includes expense reports, cash flow and salary and company investments. Under the accrual basis of accounting, expenses are matched with revenues on the income statement when the expenses expire or title has transferred to the buyer, rather than at the time when expenses are paid. The shareholders’ equity number is a company’s total assets …

Regardless of how the accounting equation is represented, it is important to remember that the equation must always balance. Receivables arise when a company provides a service or sells a product to someone on credit. An asset is a resource that is owned or controlled by the company to be used for future benefits. Impact …

With it, users can track their billable hours, categorizing them under the correct client and employee, while automatically adding them to invoices. These hours can be added by the manager manually, though the employee in question can also be given permission to add their hours themselves. You can create an unlimited number of invoices and …