June 20, 2022 How To Calculate The Value Of An Annuity See how different annuity choices can translate into stable, long-term income for your retirement years. The term “annuity due” means receiving the payment at the beginning of each period (e.g. monthly rent). Many accounting applications related to…
June 17, 2022 What Is an Annuity Table and How Do You Use One? You cross reference the rows and columns to find your annuity’s present value. For example, a court settlement might entitle the recipient to $2,000 per month for 30 years, but the receiving party may be uncomfortable getting…
April 14, 2022 Bookkeeping Phoenix, AZ Online Bookkeepers & Accountants Tax packages include tax prep, filing, and consulting, too. We would love to earn your business, so here’s a free guide of the most common strategies we use to drastically reduce your business taxes. I have learned…
April 11, 2022 Impaired Asset Definition, Measurement, & Examples If an asset is continually depreciated at an underestimated amount, the asset will be reported at a book value that is higher than its market value, and this gap expands overtime. When companies detect impairment due to…
January 12, 2022 Finance and accounting outsourcing Services At SuperStaff, a leading BPO provider with a strong presence in the U.S., Colombia, and the Philippines, we strive to elevate your financial services and steer you through difficult economic uncertainties. Using our highly advanced software, we…
December 14, 2021 Corporation: What It Is and How to Form One Each partner contributes capital in the form of labor, money, or skill, and profits and losses are shared. A sole proprietorship is a business that is run by an individual for his/her own benefit. The liabilities of…
October 21, 2021 Is Accounts Payable a Credit or Debit? Cash or bank transfers are the two most common methods that businesses use to make a debit to Accounts Payable. Consequently, the double entry for the payback of Accounts Payable should look like this. A company’s Accounts…
September 21, 2021 7 Best Free Accounting Software for Small Businesses 2023 With a clear interface and features such as easy invoicing, expense tracking and timekeeping, users can navigate their financial tasks without a steep learning curve. The platform prioritizes simplicity, ensuring that even those with free bookkeeping software…
August 11, 2021 The Future Of Blockchain In Accountancy Smart contracts on the blockchain execute when certain conditions are met without the need for trusted intermediaries to verify the fact (Coyne and McMickle, 2017; Kokina et al., 2017). There is already evidence to show how blockchain…
August 9, 2021 Accounting Rate of Return ARR Definition & Formula By comparing the average accounting profits earned on a project to the average initial outlay, a company can determine if the yield on the potential investment is profitable enough to be worth spending capital on. The time…