Ultimately, all this may veer you away from your core function and lead to increased operational costs. Machine learning and artificial intelligence are also important trends in finance and accounting. AI, for example, can help companies efficiently compile big data,…

For this reason, it seems ill-advised to rely on a goodness-of-fit test alone in determining if the specified parametric form is reasonable. There are 4 main methodological considerations in the analysis of time to event or survival data. It is…

While the Wave Pro plan includes unlimited mobile receipt scanning, Wave Starter users must pay $11 per month (or $96 per year) to access the same feature. Plus, Wave Pro users can access discounted payment transaction fees while Wave Starter…

Thus, 20% of each sales dollar represents the variable cost of the item and 80% of the sales dollar is margin. Just as each product or service has its own contribution margin on a per unit basis, each has a…

You must file your annual report if your business is a corporation and pay your franchise tax and filing fee by March 1. All LLCs, Limited Partnerships, and General Partnerships formed in Delaware are required to pay the annual franchise…

QuickBooks Enterprise is one of Intuit’s most robust business accounting products and offers a host of additional services, like access to more than 200 report templates and priority 24/7 customer support. Plans support up to 40 users and business owners…

The template includes lines for assets such as cash, accounts receivable, inventory, and investments, along with liabilities, including accounts payable, loans, and payroll. Add your own line items to this Excel sheet, and the template will automatically calculate the totals.…

Using a break even point calculator can help you determine if your sales will be enough to cover your costs and to what degree. With this calculator, you’ll startup bookkeeping be able to figure out how many products you must…

You can also browse the Xero Central support database for articles and guides on your issues. Xero and Sage’s main selling point is their intuitive invoicing systems. Sage lets you create invoices directly from quotes and estimates, send them to…

The Accounts Receivable test evaluates candidates’ skills in identifying, recording, and managing a company’s incoming payments and outstanding invoices. It helps you find skilled accountants who can effectively maintain financial records and ensure accurate tracking of your transactions. Accounts Receivable…