Your chart of accounts is a living document for your business, meaning, over time, accounts will inevitably need to be added or removed. The general rule for adding or removing accounts is to add accounts as they come in, but wait until the end of the year or quarter to remove any old accounts. In …
Page not found Rigits Bookkeeping & Accounting
You can have a customized electronic payroll system designed to suit your business demands. The effectiveness of internal services and the correct recording of financial data can significantly affect a business’s growth rate and success. So, working with professionals like us is an excellent choice to ensure business owners and their teams are in tune …
Cash Ratio: Definition, Formula, and Example
At the time of financing, it was extremely difficult to obtain bank financing for commercial real estate. Not only was Assets America successful, they were able to obtain an interest rate lower than going rates. The company is very capable, I would recommend Assets America to any company requiring commercial financing. This ratio also goes …
Cash Ratio Analysis Formula Example
If you’re a sole proprietor or a very small business with no debt on the books, other accounting ratios are much more useful, such as current ratio or quick ratio. If you have a very small business, or do not have any interest expense, you can forego calculating the cash coverage ratio. But if you do have interest …
Gross Profit vs Net Income: What’s the Difference?
If there are major differences between gross and net income, it can be a warning sign. It could mean that expenses are too high, income is too low, or both. With Bench, you can see what your money is up to in easy-to-read reports. Your income statement, balance sheet, and visual reports provide the data …
Android Apps by Next Wave on Google Play
The app is free, but paid users get access to bonus panels and more. Besides extra content, though, paying for the app is also a way to support the creators. If you particularly enjoyed one comic, you can also share “love” on a one-by-one basis by sending them a “cookie,” “coffee”, “art supplies” or “pizza,” …