Dividend Yield: Meaning, Formula, Example, and Pros and Cons
The recruiting yield ratio measures something else but is equally as valuable and essential to any organization. The goal of a cap rate is to find the the intrinsic, unleveraged rate of return for a given property. Dividend yields change daily as the prices of shares that pay dividends rise or fall. Dividend yields can […]
QuickBooks Online Pricing and Subscription Levels for 2024
Since you don’t have the additional cost of file hosting and servers, cloud-based software can actually be cheaper overall than desktop-based bookkeeping software. QuickBooks Solopreneur (formerly known as QuickBooks Self-Employed) costs $20/month or $120 for the first year. This software is best suited for freelancers, allowing them to track income and expenses, track mileage, estimate […]
Understanding a Balance Sheet With Examples and Video Bench Accounting
Annie is able to cover all of her liabilities comfortably—until we take her equipment assets out of the picture. Most of her assets are sunk in equipment, rather than quick-to-cash assets. With this in mind, she might aim to grow her easily liquidated assets by keeping more cash on hand in the business checking account. […]
Construction and Contractors
Failing to track all expenses related to individual projects, including materials, labor, subcontractors, and overhead costs, can result in inaccurate financial reports. Proper job costing ensures that each project’s true profitability is understood and helps prevent cost overruns. Construction Bookkeeping Services are essential for streamlining financial management in the construction industry. These services focus on […]
Accounting & Bookkeeping for Construction Companies
Because the costs can quickly go up due to circumstances (e.g. COVID-19 pandemic, recession), you run the risk of using up all the budget and being left with no capital. When this happens, you have no choice but to cover the remaining expenditures out of your own pocket. No mobile information will be shared with […]
Best Receipt Scanner Apps 2024
Stop looking under couch cushions—access your receipts digitally, in one place. Check out our Getting Started Guide for lots of quick tips and tricks to make your record keeping a breeze. Neat is perfect for small businesses needing to share files and collaborate with team members. All you need to do is simply click « Make […]
Accounting Principles: What They Are and How GAAP and IFRS Work
While revenue figures are reported on the income statement, footnotes often disclose specific accounting methods used by a company to recognize revenue. For instance, companies may disclose if they use the percentage-of-completion method or completed-contract method for long-term construction projects. This transparency allows investors to evaluate how conservative or aggressive a company’s revenue recognition practices […]
