When you divide EBIR by the total interest expenses, you will answer how many times a company is earning to meet its debt responsibilities. If you want an even more clearer picture in terms of cash, you could use Times Interest Earned (cash basis). It is similar to the times interest earned ratio, but it […]

Content Learn Bookkeeping – Resources on Business Accounting Basics Kick-start your bookkeeping career with an award-winning AAT provider. Bookkeeping Training Need some help using your bookkeeping software? What jobs can I do after completing an AAT bookkeeping qualification? In this level 3 course, you will learn how to produce a VAT Return, control the sales […]

Content How Would You Rate The Company Culture Of ProHCM? Working At ProHCM Discover the right solution for your team How much money does ProHCM make? Missing: ProHCM’s Product & Differentiators Solutions Warranty & Service Data Change Request – PROHCM Thieves and Lawyers Centro Group is a full service, wholesale group benefits, human capital, and […]

Content Short run costs and revenues – finding profit maximisation How is the marginal cost calculated? Revision Webinar – Business Costs Products Equation Of Marginal Costing The Importance of Marginal Cost Marginal Cost In many cases, however, the increase in variable costs will be less than the increase in production output. Such externalities are a result of […]

Contents: Hardware & Software Requirements Xero Setup People who looked at this company also looked at Xero is perfect for those who don’t know accounts payable from accounts receivable. It uses terms we use in everyday life like bills, payments, and invoices. During setup, you also have the option to accept Xero’s chart of accounts […]

Contents: Reconciliation Methods Accounting software How to Improve Intercompany Reconciliation By making continuous improvements to close workflows, organizations can effectively increase productivity and reduce the overall stress on their finance and accounting teams. The following pages include a detailed illustration of the bank reconciliation process. Begin by carefully reviewing the bank statement for The Tackle […]

Content Why You Can Trust Finance Strategists Example of Cash Flow Statement Cash Flow From Investing Activities Business in Action 12.2 What are Investing Activities in Accounting? Rather than move the old equipment, David decides to sell some of it and purchase new, updated equipment. Over a two-month period, David sold power presses, laser cutters, […]

Content What Is the Revenue Recognition Principle? Boundless Accounting Recognizing Revenue at Point of Sale or Delivery How does revenue recognition help my business? Revenue Recognition Criteria Revenue Recognition for the Sale of Goods The Importance Of Revenue Recognition Principles Having a standard revenue recognition guideline helps to ensure that an apples-to-apples comparison can be […]

Content ALLOWANCE METHOD Calculating the Bad Expense Debt Where does bad debt expense go on financial statements? Bad Debt Expense: Definition and How to Calculate It Every business has its own process for classifying outstanding accounts as bad debts. In general, the longer a customer prolongs their payment, the more likely they are to become […]

Content Who receives a W-2? You’re our first priority.Every time. When should I receive my W-2? Step 2: Multiple Jobs or Spouse Works What does it mean to be exempt from taxes? Here’s how to fill out a W-4 form: But for some taxpayers, they’d like to maximize their paycheck amount while making sure their […]