You would just select when you would like the reminder sent (i.e. 7 days past due) and your software will automatically send the email reminder for you. Once a month,... read more →
Cash runway is a company's time before it runs out of cash, assuming its current spending rate continues. Startups can reduce costs and conserve cash by laying off employees, paying... read more →
Following its acquisition in 2018,I started Future Firm to help accountants fast-track the growth of a modern, scalable accounting firm of their own. Remember that the decision to outsource your... read more →
Social Security benefits and Medicare claim remittances are paid electronically using ACH/EFT transactions. And once sent, funds from an erroneous or fraudster-requested wire transfer can’t be recovered because wire transfers... read more →
Fixed costs include periodic fixed expenses for facilities rent, equipment leases, insurance, utilities, general & administrative (G&A) expenses, research & development (R&D), and depreciation of equipment. Calculating contribution margin (the... read more →
Fixed costs include periodic fixed expenses for facilities rent, equipment leases, insurance, utilities, general & administrative (G&A) expenses, research & development (R&D), and depreciation of equipment. Calculating contribution margin (the... read more →
Our data reveals that 62 percent of workers in non-transparent company environments have shared their salary details, discovered their co-workers’ salaries, or both. Some respondents were unconcerned about their findings,... read more →
But there's a time lag so this information isn't always up to date. They disclose their holdings daily, allowing investors to see exactly what assets the fund holds at any... read more →
Such a package will perform all duties of an accountant and leave humans to perform more creative tasks. Accounting software provides a lot of benefits for companies and those working... read more →
Similarly, income statement accounts can be categorized into two categories. By maintaining a rigorous process, regular reviews, and using dependable accounting software, these common errors can be effectively avoided. No... read more →