QuickBooks can sync your finances and account information across all your devices, including the iPad, iPhone and Android. The app provides real-time payables, receivables, and cash flow, and prepares your data for tax time. The QuickBooks dashboard’s color-coded approach makes it easy to track open invoices, overdue bills and your Read more…
Legal definitions serve as the backbone of legal interpretation and application, providing clarity and consistency within the legal framework. It’s important to note that imputing does not necessarily mean that the person being assigned responsibility sought or accepted that responsibility. On this page, you’ll find the legal definition and meaning Read more…
FOB, which stands for Free On Board, is a vital delivery term published by the International Chamber of Commerce (ICC). The term designates when responsibility transfers from seller to buyer during transit. In addition, sellers are typically responsible for freight charges, which add to their overall costs. To account for Read more…
Funders, particularly governmental bodies and large foundations, often have specific, stringent guidelines on how grant funds should be used and reported on. A government grant is recognized only when there are reasonable guarantees that the nonprofit will comply with the conditions attached to the grant, and the grant will be Read more…
Want to look more polished, save more time, and conquer cash flow? Wave has helped over 2,000,000 North American small business owners take control of their finances. It’s been one of the best decisions I’ve made when it comes to making sure my accounting is on point. “It’s not just Read more…
With its precision, ease of use, and downloadable results, our Forex Calculator is essential for anyone serious about Forex trading. It’s a powerful aid in enhancing your trading efficiency and accuracy. Calculate percentage additions and deductions with our handy calculator. With our free Forex Profit Calculator, you can calculate your Read more…
This analysis plays a crucial role in assessing liquidity, solvency, and overall financial stability. For businesses, a balance statement example can facilitate discussions with potential investors or lenders, as they often require this documentation to assess creditworthiness and investment potential. By regularly reviewing balance statements, stakeholders can gain insights into Read more…
With Skynova’s retainer template, you can send a request for retainer to your client, record their payment, and easily view all payments received from a client. The retainer fee must be held in a trust account, then drawn out as the professional invoices for the money. If the retainer fee Read more…
Other current debts might be short-term loans and bills that haven’t been paid yet. While the accounting equation is foundational in financial accounting, it has its limitations. Primarily, it provides a static snapshot of a company’s financial position at a given moment, lacking the capacity to convey trends or anticipate Read more…
Our account management team is staffed by CPAs and accountants who have, on average, 11 years of experience. The research and development, or R&D tax credit, is a US government-sponsored incentive that rewards companies for conducting research and development activities within the United States. Even unprofitable technology companies can use Read more…