Category Bookkeeping

The company has been working toward integrating Hubdoc and Xero so that accountants, bookkeepers, and small businesses worldwide can benefit from seamless bookkeeping. Hubdoc helps you to stay organised by allowing you to store all of your documents in one…

Tracking metrics such as quote turnaround times and payment collection rates allows you to fix bottlenecks and make data-driven decisions. Predictive analytics further enhance QTC by forecasting demand and refining pricing strategies, driving efficiency and growth. Maintaining a reliable QTC…

And if dividends are not assumed to be reinvested, are they paid out or are they left in cash? IRR and other assumptions are particularly important on instruments like whole life insurance policies and annuities, where the cash flows can…

Pay close attention to the deposit amount and the account to which it is assigned. Make any necessary adjustments or additions to the transaction to ensure it aligns with your 4 types of responsibility centres bank statement. In this guide,…

CoConstruct is your partner in managing unlimited construction projects with its four-part software platform. The platform starts with preconstruction details that include a cost catalog, lead management and a section for proposals and contracts. When you’re done with the preconstruction…

The format of a double-column cash book given above has six columns on both debit and credit sides. The purpose of cash and bank columns has already been explained at the start of this article. The purpose of the date,…

The contribution margin ratio refers to the difference between your sales and variable expenses expressed as a percentage. That is, this ratio calculates the percentage of the contribution margin compared to your company’s net sales. As shown in the formula…