June 06, 2022Charles Lutwidge
June 03, 2022Charles Lutwidge
Companies can strive if they have bookkeepers keeping their documentation. It’s crucial to find the right person when hiring an employee or finding a contractor. People responsible for bookkeeping will be working with documents to help the business record all financial..
June 02, 2022Charles Lutwidge
Shares Outstanding (SO) are held by the company’s shareholders at a given time after excluding ones repurchased by the company and are shown as equity part in the company’s balance sheet liabilities. The company also frequently holds SO portion in its..
June 01, 2022Charles Lutwidge
A Schedule K-1 is a tax form to report income, losses, and dividends of a business’s or enterprise’s partners. It’s also used to report income, losses, and dividends to S corporation’s shareholders. Partners in a business have to file the form..
May 30, 2022Charles Lutwidge
The amount billed by a business to customers for the goods and services supply in the ordinary business course is called trade receivables. These are usually documented in official invoices, summarized in the Accounts Receivable Aging Statement. Staff commonly uses this..
May 27, 2022Charles Lutwidge
Managing small businesses’ finances may become a nightmare without proper software. Companies can still record financial operations manually by using spreadsheets. Even though it’s a free option, it takes time and effort. If you don’t have the funds to buy a..
May 26, 2022Charles Lutwidge
Typically, businesses have problems with cash flow. On paper, the company may have success, but in reality, clients are late with covering invoices. As a result, companies have to face the consequences. In some cases, these consequences lead to bankruptcy. Instead..
May 25, 2022Charles Lutwidge
Such terms as stocks and bonds often pop up when people talk about investments on the market. However, it’s critical to understand the difference between these terms since they pose different risks and returns. We have prepared this article to help..
May 24, 2022Charles Lutwidge
Many businesses prefer to award their employees by using different means, such as paying a commission on sales. The calculation formula depends on several factors. We have prepared an article to figure out all the details. You will learn what factors..