Accounting Cycle - Definition & Examples for Business
If you’re managing a small business, you probably don’t have a lot of spare time
to deal with…
13 min read
Accounting
Examine the world of finance and accounting, providing in-depth perspectives and invaluable insights for industry professionals. Read more on expert analysis, discover new techniques, and stay informed on the latest trends in this cornerstone of the business world
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Small Business Accounting Guide [Step-by-Step]
When running a small business, you’ll likely find yourself dealing with a ton of
day-to-day administrative tasks like accounting.…
20 min read
Deskera Mobile App- The Only Small Business App You Need
The number of mobile business users is increasing every day. At Deskera, we have designed our business app by understanding the requirements of a business owners.
Our mobile app allows business owners and executives to run their entire business from their phone.
30 min read
What Is Fixed Asset? Everything You Need to Know About Fixed Assets
Have you ever come across the term Fixed Asset? Or maybe Property, Plant and
Equipment?
Fixed Assets are all around…
14 min read
Best Websites For Accountants
Index
1. Introduction to websites for Accountants
2. Websites for news & updates for accountants
3. Education websites for accountants…
6 min read
What is Accounts Receivable(AR)? Definition, Journal Entries, Examples
Accounts receivable is money that your customers owe you for buying goods and services on credit. Your accounts receivable consist of all the unpaid invoices or money owed by your customers. Accounts receivable are recorded as an asset on your company’s balance sheet.
11 min read
What Is Contribution Margin
Index:
1. Introduction
2. Elements of Contribution Margin
3. What is the significance of Contribution Margin?
4. How is Contribution…
4 min read
Due Diligence: What is Due Diligence, Types, Procedure, and Checklist
Index
1. Introduction
2. Types of Due Diligence
3. Accounting Due Diligence checklist
4. Due Diligence procedures
5. Audit vs.…
7 min read
What are Liabilities in Accounting and Why You Need to Keep Track of it
> Liabilities are never the problem; it’s the assets you need to worry about.
This statement refers to the…
5 min read
Audit: What is Business Audit Review Program, and What Does it Mean for Any Small Business?
Most business owners tend to panic and jump to the conclusion that an “audit”
refers to the IRS (Internal Revenue…
5 min read
What Are Estimates or Accounting Estimates?
Understanding Estimates/Accounting estimates?
The accounting process often presents certain scenarios where an amount or item
in the financial statements…
6 min read
What Is Cost of Goods Sold (COGS)? Definition, Calculation, Examples
The cost of goods sold (COGS) is a significant part of a business Income Statement and plays an essential role in calculating the net income for a business. Understanding the cost of goods sold (COGS) helps businesses to find out about their financial health and profitability.
11 min read
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