Certified Public Bookkeeper Overview- Accounting Training Unlimited

Content Requirements Florida is ranked First in the Nation for Education by US News Become a Bookkeeper (LinkedIn Learning) How Do You Qualify for CPB or CB Certification? The State of Florida has approved social studies. Textbook list after racial and social justice references were included Bookkeeping License vs. Certification: Which Do You Need? If… Continue reading Certified Public Bookkeeper Overview- Accounting Training Unlimited

Sales Tax Calculator: Price Before Tax, After Tax + More

Content What states don’t charge sales tax? Example of the Sales Tax Calculation How do I calculate the amount of sales tax that is included in total receipts? How Sales Tax Works Passenger car rentals – statewide special tax Learn how QuickBooks Online calculates sales tax Many small businesses simplify the sales tax collection process… Continue reading Sales Tax Calculator: Price Before Tax, After Tax + More

Prepaid insurance definition

Content Impact of Prepaid Expenses Why Prepaid Expenses Aren’t Initially on the Income Statement What Are Prepaid Expenses? Where Do Prepaid Expenses Appear on the Balance Sheet? The Benefits of Reporting Prepaid Expenses Using an Automated Accounting Software Handling prepaid expense entries: key takeaways What are the benefits of prepaid expenses? Adjustments for prepaid expenses… Continue reading Prepaid insurance definition

How to Do Accounting for Your Construction Business 8 Steps

Content Construction Contracts: What Does “Workmanlike Manner” Mean? How to Respond to an RFP for Accounting Services Construction Accounting 101: A Basic Guide for Contractors What is included in contract revenue and costs? PSA Software Functionality for Fixed-Price Contracts Tips for Handling Your Construction Accounting Processes You’ve won the contract! What’s next? (e) Records for… Continue reading How to Do Accounting for Your Construction Business 8 Steps

How to set up the sales ledger & the purchase ledger

Content How to set up the sales ledger & the purchase ledger Item tags and product categorization. What support does FreeAgent offer? How to choose the right accounting software Aggregatory integration Tips for choosing the best Point of sale software for small businesses(How to buy) The data allows you to identify your loyal customers based… Continue reading How to set up the sales ledger & the purchase ledger

How to Calculate Your Interest Expense? Formula & Examples

Content How to Adjust Entries for Long-Term Notes Payable in Accounting Where does the Expense Appear on the Income Statement? How to Calculate Capitalized Interest on Assets Overview of Effective Interest Rate Method Understanding Bond Payments Effective interest rate method is one of the approaches used while amortizing the discount on bonds and charged to… Continue reading How to Calculate Your Interest Expense? Formula & Examples

Construction Accounting for Tradesmen

Content Subscribe to our newsletter and get a FREE download – Our Ultimate Tips for Business Owners What you should know about finance and cash flow management Financial support Services Xero Addon for Construction Industry: Workflow Max Benefits Our office dealing with virtual accounts offers a total outsourced support for bookkeeping services. It is much the… Continue reading Construction Accounting for Tradesmen

Equity multiplier guide: formula + how to evaluate

The company’s total assets were $366.6 billion for the fiscal year 2021, with $83.2 billion of shareholders’ equity. The equity multiplier was thus 4.41x (366.6 ÷ 83.2) based on these values. An equity multiplier of two (2) means that half the company’s assets are financed with debt, while the other half is financed with equity.… Continue reading Equity multiplier guide: formula + how to evaluate

Break-Even Analysis: Definition and How to Calculate and Use It

Meanwhile, the breakeven point in options trading occurs when the market price of an underlying asset reaches the level at which a buyer will not incur a loss. Calculating the breakeven point is a key financial analysis tool used by business owners. Small business owners can use the calculation to determine how many product units they… Continue reading Break-Even Analysis: Definition and How to Calculate and Use It

Days Sales in Inventory: Formula + Best Practices

Content Days Sales in Inventory Formula Days Sales of Inventory (DSI): Definition, Formula & Calculation Days Sales in Inventory Formula Fulfillment When it comes to investors and creditors, there are three main reasons for which they think this is an important factor to look into in a company. In sales inventory over between 30 and 60… Continue reading Days Sales in Inventory: Formula + Best Practices