Category: Bookkeeping

Stock dividends dilute the ownership percentage but do not change the total value of equity held by each shareholder. They are often used when companies wish to reward shareholders without reducing cash reserves. When the payment date…

At the end of the year, businesses are expected to tally up their payments to W-9 workers and report them to the IRS and the contractors, usually on Form 1099-NEC. Independent contractors, gig workers, freelancers and anyone…

When you reach bronze partner status, you’ll get a free listing that you can customize to showcase your expertise. You can import data from other accounting software in bulk via CSV files once you’ve done some initial…

Credit unions have the option of risk-weighting senior tranches at 100 percent or subordinated tranches at 1,250 percent. The credit union should maintain the documentation of the approach used (look-through versus gross-up) and the results obtained for…

Income statements are key in deciding on investments because they show how well a company can make money from its main business. They help investors understand a company’s past financial acts and its potential for making money…

Including preferred stock as debt can inflate the D/E ratio, making a company appear riskier, whereas counting it as equity would lower the ratio, potentially misrepresenting the company’s financial leverage. This issue is particularly significant in sectors…

In this case, any losses will be compounded down and the company may not be able to service its debt. Banks often have high D/E ratios because they borrow capital, which they loan to customers. However, in…

This should be particularly useful when the business is at its peak and one must make quick decisions to maintain relative smoothness of operations and also to speak to an employee’s concern at the moment it occurs….

This professionally designed service invoice template will calculate line item totals, sales tax, and the grand total. However, for compatibility reasons, it is advisable to use these on Microsoft Office only, the last thing you want when…

The capital turnover ratio may vary depending on the industry, the business model, and the accounting methods of the company. Different industries may have different levels of capital intensity, which means that some industries may require more…