Evaluating Accounts Receivable

ContentWho Uses the Direct Write-Off Method in Their Business? – Introduction to the Direct Write-Off Method for BeginnersWrite-off EntriesThe Difference Between Interest Receivable & Interest RevenueIt writes off the true balance, not an estimateResources...

Operating Expenses vs SG&A

Selling expenses included in SG&A are often divided into direct and indirect costs. SG&A is both critical to the success of a business and vulnerable to cost-cutting. Cutting the cost of goods sold (COGS) can be tough to do without damaging the quality of the...

Pro Forma Financial Statements

ContentSubmitting the APT to ESFAProforma InvoiceWhy use pro forma invoices?Pro-forma Disbursement Accounts3 Additional needs funding9 ‘Other adjustments to 22-23 budget shares’ (column AA)28 ‘Commentary’ worksheet If L1 is greater than N1, the value calculated is the...

Accounting Principles II: Understanding Notes Payable

ContentExamples on Notes PayableUnderstanding Notes PayableAlert: highest cash back card we’ve seen now has 0% intro APR until 2024Can you include notes payable when projecting expenses?What type of account do notes payable fall under?Notes payable Example 1:...

How Much Does an Accountant Cost

ContentHow CPAs bill for services on averageHow much does it cost to hire an accountant for bookkeeping services?Additional Business ServicesFAQs for New York City Income Tax AuditsHow much does a CPA cost to do taxes?Time required We’ll explain the monthly cost and...

Small Business Payroll Services 1 49 Employees

ContentRippling Payroll Features For Small Business PayrollCompliance supportPaycor: Best for reporting and analyticsHow FirstBlood’s switch to Ramp sped up their monthly closeBest practices for setting up small business payrollValue-added servicesQuickBooks Payroll...