Accounting FAQs: What is a Liability?

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Simply put, a business should have enough assets (items of financial value) to pay off its debt. These are just two current liabilities examples that you should monitor regularly. If your business cannot pay its current liabilities in full, you will not be able to run your business correctly. Liability gives important information helpful in […]

Budget vs Forecast: Key Differences to Know

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To learn more about how your organization can streamline and improve budgeting and forecasting, contact us today for a free demo. While a budget is typically short-term, financial forecasting happens both short-term and long-term, which takes more time. Also, companies need to create multiple forecasts to have the most accurate predictions of their business conditions. […]

Harvard Business Services, Inc

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The Delaware Franchise Tax for a corporation is based on your corporation type and the number of authorized shares your company has. The total cost of the corporation’s Delaware Franchise Tax consists of an annual report fee and the actual tax due. A non-stock/non-profit company is considered exempt by the State of Delaware. This type […]

QuickBooks POS Review for 2023: Cost, Pros, Cons

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For example, QuickBooks doesn’t offer an in-house kitchen display system or separate customer-facing display screen, a potential deal-breaker for cafes and restaurants. Simple Start runs basic reports, including cash flow statements, profit and loss (P&L) statements, and balance sheets. Some of the other 20-plus built-in standard reports available include P&L by month and customer, quarterly […]

Ставка ФРС выросла до 4,5% Сможет ли рынок США избежать рецессии? РБК Инвестиции

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Американский доллар находился в состоянии медленного, но упорного ралли вплоть до начала октября. Позже индекс доллара взял паузу в ожидании ключевой статистики и решений ЦБ. Поэтому в случае реальной угрозы повышения ставок ралли доллара может обрести второе дыхание, и мы увидим как изначальный сильный импульс, так и последующее плавное повышение на возобновившемся https://capitalprof.space/ керри-трейд. Вся […]

Accounting basics: What is accrual accounting?

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The move offers church accounting expertise from tax professionals, and it will reduce expenses and increase revenue. When a company receives cash before a good has been delivered or a service has been provided, it creates an account called deferred revenue, also referred to as unearned revenue. This account is a liability because the company […]