Unadjusted Trial Balance Format Preparation Example
You can now compare your 1st column with the last period’s closing balances or the 1st day of this...
Category: Bookkeeping
What is Yardi? Property Management Software Explained
Here the question arises – what is Yardi software and how to use it? Don’t worry, this article will...
Sales Journal in Accounting: Definition and Examples
This makes the total amount the customer gives you $105. As a refresher, debits and credits affect accounts in...
Asset Turnover Ratio Formula and Definition
A lower ratio illustrates that a company may not be using its assets as efficiently. Asset turnover ratios vary...
Construction Bookkeeping Services A Step-by-Step Guide
Generally, contract retainage is specified in the contract and is a percentage, typically five to 10 percent, of the...
8 Benefits Of Outsourcing Accounting Services
Outsourcing bookkeeping can raise several net working capital ratio concerns for business owners, particularly regarding data security. Companies must...
Memos Business Communication Skills for Managers
If raising capital, it keeps current and potential investors in the loop with your messaging and the status of...
Credit Card Sales Accounting
The credit sales journal entry is an important accounting entry for businesses. With this method, transactions are abnormally recorded...
Contribution Margin: Definition, Overview, and How To Calculate
It is considered a managerial ratio because companies rarely report margins to the public. Instead, management uses this calculation...
Contribution Margin: Definition, Calculation & Examples
The contribution margin can help company management select from among several possible products that compete to use the same...