Bookkeeping

Turnover Ratios: Meaning and Types in Financial Analysis

By contrast, turnover can refer to how quickly a company either has sold its inventory or is collecting payments compared with sales over a specific time period. Generally speaking, turnover looks at the speed and efficiency of a company’s operations. The reciprocal of the inventory turnover ratio (1/inventory turnover) is the days sales of inventory (DSI). This tells you how many days it takes, on...

Accounting and Corporate Regulatory Authority

Upon successful payment, an email on the guide for product download will be sent to you within 15 minutes. Alternatively, if the purchase is done via Singpass, you can login at ACRA BizFile+ portal, click on Messages to access the above same email message. Download for purchased product will expire 7 days from date of purchase, no further extension can be made. If you are planning to incorporate...

Why buy a bond at a premium?

The actual cash you put into Premium Bonds is safe and remains intact. I say it is a perk for some people because most of us have a personal savings allowance (PSA). Where buying Premium Bonds can really come in handy in this regard is if you have a large amount of money. There is also a Premium Bonds prize checker app available for iPhones and Androids. Your savings also aren’t protected from the...

20 Must Ask Bookkeeping Interview Questions With Answers

To address its increased recruitment needs and influx of applicants for roles that include customer support and leadership, Dyninno Group implemented TestGorilla. See how the Dyninno Group of companies improved candidate screening and recruitment productivity by 400%. Hiring the right bookkeeper for the job is always tricky, but TestGorilla can facilitate your hiring process. Will they complain when they...

Offshoring to India in 2023: Top trends, companies, pros, cons

The specialists provides high accuracy and they can arrange the data in easily accessible databases. Many clients have hired data entry specialists from TheTeamsHub and they have been more than satisfied with the results. The Serve Team provides data entry specialists who take care of the accuracy while sorting the database. All of the virtual data entry specialists have over 10+ years of experience in the...

What Is A Trend Analysis In Accounting? 2023

A company will look at one period (usually a year) and compare it to another period. For example, a company may compare sales from their current year to sales from the prior year. The trending of items on these financial statements can give a company valuable information on overall performance and specific areas for improvement. It is most valuable to do horizontal analysis for information over multiple...

Pay Your Water Bill

Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Run the system through all the zones to check if any heads have low pressure. This could indicate where you might have a break in the line. Add the amount of time the system is set to run for all the zones. To view the drinking water Annual Water Quality Report, please click on this link or...

Wisconsin State Taxes 2023: Income, Property and Sales

Depending on your industry, you may be required to complete continuing education courses each year to maintain your licenses. These are generally deductible expenses if they are necessary to operate in your profession. There are also some optional education expenses that may be deductible if they help further your career in a way that’s directly related to your current operations. Unfortunately, the...

Balance per Cash Book and Bank Statement Causes, Examples

If so, and the bank spots the error, the company must adjust its book balance to correct the error. The bank may also charge an NSF fee, which must be recorded in the company’s books. Bank balance can differ from the book balance kept by the account holder. The term book balance, which is also used in the bank reconciliation is the amount shown in the company's general ledger for the bank account. The...

Unearned Revenue: What It Is, How It Is Recorded and Reported

Before we understand what unearned revenue is, we must fully understand what revenue is. Then we can look at the difference, how it is treated in financial reports, and what it means for an organization’s ability to increase its competitive advantage. Accounts receivable are those receiving the goods or services before paying for them. Unearned amounts are when the customer pays before they receive the...

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