A Complete Guide To Residual Value
Selling off an asset encompasses a detailed process for a company. After certain period of time assets depreciates and you…
11 min read
Accounting
Articles from Deskera on everything related to accounting, accounting practices, and accounting concepts, covered from a business owner's perspective.
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Salvage Value - A Complete Guide for Businesses
Any business that uses tangible assets may incur the costs associated with such properties. If in future periods an asset…
9 min read
Straight Line Depreciation: Definition, Formula, Examples & Journal Entries
All businesses require some sort of machinery or equipment or any other physical asset that helps them to generate revenue.…
10 min read
What is Amortization: Definition, Formula, Examples
Amortization could apply in two situations: while taking a loan or in a business where intangible assets are concerned. If…
11 min read
Understanding Intangible Assets - Non-Physical Assets with Considerable Value
An element or resource that is not physical but assigns a considerable value to a company is called an intangible…
10 min read
Guide to Gross Income Vs. Net Income
The two critical profitability metrics for any business or company include the gross income and net income. The gross income…
9 min read
Understanding Net Profit
In business and accounting, net profit is a company's income minus the cost of goods sold (COGS), expenses, depreciation and…
7 min read
What is Gross Profit and Gross Profit Margin?
Gross profit margin is also known as gross margin. It is a financial metric which indicates how efficient a company…
9 min read
What Are Trade Receivables? Definition & Examples
Trade receivables are the sum of money your customers owe you for buying goods and services on credit. These amounts…
8 min read
Bank Reconciliation: How It Works and Why It’s Important?
A bank reconciliation is a schedule that explains any discrepancies between the balance on the bank statement and the balance…
9 min read
Guide To Profit Margin - How to Calculate Profit Margins (With Examples)
Profit is the money or revenue a business pulls in after accounting for all expenses. From a lemonade stand to…
6 min read
What Is Liquid Net Worth? Definition and Calculation
Not all assets can be easily liquidated. Usually, high-value fixed assets such as buildings, equipment, or vehicles take months and…
8 min read