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Articles

February 18, 2022

Charles Lutwidge
Accrued Vacation Pay: Meaning and Calculation

Accrued Vacation Pay: Meaning and Calculation

Overview Every employee deserves to get some rest from work. Many employers offer their employees paid vacation time. This means that the employee will continue to receive their salary or be paid wages as if they worked a normal day without..

Reading Time 3 mins
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Articles

February 17, 2022

Charles Lutwidge
What Is Days Sales Outstanding?

What Is Days Sales Outstanding?

Definition Selling products and services on credit is almost a must these days if you want to have more customers and generate more money. Unfortunately, making a sale is only half of the work. The other half is making the buyer..

Reading Time 5 mins
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Articles

February 16, 2022

Charles Lutwidge
What is Equity Multiplier?

What is Equity Multiplier?

Definition The equity multiplier, which represents what part of all of the company’s available assets were acquired thanks to the equity. It shows how well a company is doing in regards to its debt management strategy. To find the value of..

Reading Time 4 mins
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Articles

February 15, 2022

Charles Lutwidge
What Is Consolidation Accounting?

What Is Consolidation Accounting?

Definition Large enterprises are often groups of enterprises that include a parent company and subsidiaries. The creation of groups of enterprises opens up wide opportunities for the members of the group. So, for example, thanks to intra-group operations, there are opportunities..

Reading Time 4 mins
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Articles

February 14, 2022

Charles Lutwidge
What to Do If You Missed 1099 Deadline

What to Do If You Missed 1099 Deadline

Small businesses often use the services of contractors or non-employees to save the budget. But in that case, they have to file a 1099 form to the IRS. Study the article to learn what are 1099 forms. What is a 1099..

Reading Time 4 mins
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Articles

February 11, 2022

Charles Lutwidge
What Is Expense Management and Why Is It Important

What Is Expense Management and Why Is It Important

Managing business expenses is a must for every business, organization, and even self-employed person. It’s a rather tedious and challenging process, even if a business is small. It is possible to track expenses manually or with the aid of software. Whether..

Reading Time 5 mins
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Articles

February 07, 2022

Charles Lutwidge
What Is Inventory Tracking

What Is Inventory Tracking

Supply chains all around the world keep facing disruption issues. That’s a serious problem but the solution was found. There are great ways of tracking a company’s inventory so that managers react on time and offer supply to customers’ demands. Failing..

Reading Time 7 mins
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Articles

February 04, 2022

Charles Lutwidge
What Is a Sole Proprietorship

What Is a Sole Proprietorship

Starting a business can be both an intimidating and exciting process. On the one hand, it’s fun to make a dream come true. But on the other, you have to register a business, pay taxes, manage finances, etc. Choosing a business..

Reading Time 5 mins
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Articles

January 28, 2022

Charles Lutwidge
Grant Accounting

Grant Accounting

Organizations that depend on grants should consider grant accounting to register financial statements properly. Grant accounting is a method used to record government grants and other types of assistance. Businesses use the grant accounting method to keep track of grant or..

Reading Time 3 mins
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Articles

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