Targetmaps

This template has built-in formulas that compute these calculations automatically as you enter information into the relevant sections. Mike Donovan, SVP of Product at Sauce Labs, discusses how leading an open source community is similar to running a SaaS company — you’re doing costing method: choosing the right one carefully it to solve a problem […]

Read more

The fair value of a contingent liability can be quite challenging to determine. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Supposing a business is selling a certain kind of product, […]

Read more

Then, we award each piece of software a rating out of five for each of these categories to understand how they compare against each other. Aside from helping us to determine which solution is stronger overall, these scores also help us to determine which product is better suited to different types of businesses. In sharp […]

Read more

You want to talk to your accountant because they are familiar with your accounting system and can help you determine whether or not there has been a miscalculation of costs. If there has been an overcost or undercost, they can calculate what are product costs how much money needs to be returned to the company’s […]

Read more

Thus, consolidated financial statements are the combined financials for a parent company and its subsidiaries. It is also possible to have consolidated financial statements for a portion of a group of companies, such as for a subsidiary and those other entities owned by the subsidiary. In contrast, unconsolidated financial statements, also known as separate financial […]

Read more

As well, family or friends can also be considered creditors if they’ve lent money, considered a personal creditor. Real creditors are banks or finance companies with a legal contract. Creditors make money off debtors by charging fees or interest. In accounting reporting, creditors can be categorized as current and long-term creditors. Example – Unreal corp. […]

Read more

Those are all things that you need to think about as you think about setting up your bookkeeping business. You have to learn the technology as well as learning how to do bookkeeping. As a certified bookkeeper, you show employers that you can handle more responsibilities than people with less education or training. Your online […]

Read more

Even though your unit sales are increasing and profitable, you won’t get paid in time to pay your suppliers, meet payroll, and pay other operational expenses. If you’re unable to meet your financial obligations in a timely way, your creditors may force you into bankruptcy at a period when sales are growing rapidly. Sometimes, as […]

Read more

You plug the $41,000 difference by crediting the adjunct liability account “premium on bonds payable.” SLA reduces the premium amount equally over the life of the bond. In this example, you semi-annually debit the premium on bonds payable by the original premium amount divided by the number of interest payments, which is $41,000 divided by […]

Read more

Renter’s insurance has never cost me more than $15 per month, which is a small price to pay in the event of something catastrophic happening to the property. It’s not worth risking your entire financial future over a few bucks per month. However, if you are renting a house, your landlord may also require you […]

Read more