Month: February 2020
Alcohol use disorder Diagnosis and treatment
If you’re ready to stop drinking and willing to get the support you need, you can recover from alcoholism and alcohol abuse—no matter how heavy your drinking or how powerless you feel. And you don’t have to wait until you hit rock bottom; you can make a change at any time. Whether you want to…
Read MoreAccounting Outsourcing: How to Hand off Your Financial Tasks With Recommendations
The average cost to process an invoice is as high as $15, and outsourcing or automation may offer up to a sixfold reduction in processing costs. Outsourcing may help your company cut costs and improve services, but over-dependence on third-party providers introduces more risk. If a third-party company experiences mismanagement or bankruptcy, it may disrupt…
Read MoreWhat are net 30 payment terms and why are they useful?
By using 2/EOM net 45, you’re offering your customers 2% off an invoice if they pay you by the end of the month. If the client does not pay the net amount they owe by month’s end, they will lose the 2% discount. Then, the full payment will be due 45 days after you issue…
Read MoreIs accumulated depreciation an asset or liability?
You can account for this by weighting depreciation towards the initial years of use. Declining and double declining methods for calculating accumulated depreciation perform this function. The double declining method accounts for depreciation twice as quickly as the declining method. Here are some scenarios where accelerated depreciation accounting methods might be the right choice. Straight…
Read MoreConfigure Assignment Segments Options of a Compensation Component
Just like regular formatting, tables can improve the look and feel of your workbook, and they’ll also help you organize your content and make your data easier to use. Excel includes several tools and predefined table styles, allowing you to create tables quickly and easily. In addition to adjusting the columns and rows on a…
Read MorePricing & Features Try it Free
If you want, you can also invite them to view the reports themselves and download whatever they need. QuickBooks Desktop no longer offers licenses; instead you have to buy a yearly subscription. A QuickBooks Desktop Pro subscription costs $350/year, while QuickBooks Desktop Premier costs $550/year, and QuickBooks Enterprise costs $1,740+/year. If you want to learn…
Read MoreHow to Do Accounting for a Small Business: A Beginners Guide
An employee is a worker over whom your business has some financial and behavioral control. Here’s a helpful guide to help you figure out what you need to do in your area. In a sole proprietorship, there is no legal separation between you and your business, so you can be held personally liable for any…
Read MoreOdoo Implementation Methodology: A Comprehensive Guide for Success
Learn the top 10 ERP implementation best practices to enhance your project planning, maximize the return on investments, and minimize the risk of failure. Odoo software is an open-source, easy-to-use, customizable, highly flexible, scalable, and comprehensive ERP software solution. Odoo is written in the Python language, which is one of the most advanced programming languages.…
Read MoreWhy Albert Einstein loved compound interest
That’s a BIG rate of return, but it keeps the numbers round. Once you understand what compound interest means, it can change your perspective on money and investing. This famous quote from Albert Einstein speaks to the significance of compound interest as a financial concept. Those are strong words from someone who most people consider…
Read MoreHow to improve working capital
Most importantly, it can improve the accuracy and efficiency of processes and reduce costs over the long term. Working capital is vital for the day-to-day operations of a company, such as procuring raw materials, payment of wages, salaries, and overheads, and making sure that production matches demand, among other key objectives. That is why companies…
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