BooksTime  ➞  Charles Lutwidge

Charles Lutwidge

bookstime

Charles Lutwidge is a writer with a passion for helping small businesses succeed. Having worked at multiple startups, Charles understands the unique challenges that entrepreneurs face. He writes about a wide range of topics, from management to bookkeeping to technology — all with a focus on helping business owners overcome key obstacles to growth.

Email: charles@bookstime.com
Phone: 8889026657

June 14, 2021

Charles Lutwidge
Asset Turnover Ratio Explanation and Example

Asset Turnover Ratio Explanation and Example

To improve the efficiency of using the company’s own funds, timely analysis of performance indicators, including the calculation of asset turnover, is required. In the article, we will tell you how to correctly calculate the asset turnover ratio, explain what the..

Reading Time 4 mins
0 / 5 (0 voted)

Articles

June 11, 2021

Charles Lutwidge
Simple Explanation of the Periodic Inventory System

Simple Explanation of the Periodic Inventory System

Inventory is a way of verifying the actual availability of valuables listed in the organization’s accounting records, their condition and correct storage, and so on with accounting data. The purpose of the inventory is to ensure the reliability of accounting and..

Reading Time 3 mins
0 / 5 (0 voted)

Articles

June 07, 2021

Charles Lutwidge
The Beginner’s Tutorial to Bookkeeping

The Beginner’s Tutorial to Bookkeeping

Bookkeeping in its essence is the activity of keeping a record of economic activities transactions of a company in a documentary form. It facilitates the management of economic activities, payment of salaries, calculation and payment of taxes, and other mandatory cash..

Reading Time 8 mins
0 / 5 (0 voted)

Articles

June 06, 2021

Charles Lutwidge
Accrued Payroll Explanation

Accrued Payroll Explanation

Definition Every business owner will likely come across the term accrued payroll sooner or later. As you probably know, wages and salaries mean the same thing. This is the amount you pay your employees. At the same time, wages may vary..

Reading Time 3 mins
2 / 5 (1 voted)

Articles

June 05, 2021

Charles Lutwidge
LIFO Reserve Explained with Example

LIFO Reserve Explained with Example

Definition It often happens that companies choose to have the accounting records to be maintained based on methods that are not allowed by the law to be used for reports meant for tax returns or financing. Yet, these methods often prove..

Reading Time 3 mins
0 / 5 (0 voted)

Articles

June 04, 2021

Charles Lutwidge
What Is the Payback Period?

What Is the Payback Period?

The return on investment comes with complex planning, accounting, calculation, and analysis process. To get a return on investment, you need to have experience and certain knowledge, otherwise, this task will be very difficult. Each investor is interested when their capital..

Reading Time 3 mins
0 / 5 (0 voted)

Articles

June 03, 2021

Charles Lutwidge
Units of Production Method of Depreciation: Explanation and Calculation

Units of Production Method of Depreciation: Explanation and Calculation

Definition One of the main tasks of the business owners, especially in the current conditions, is to preserve the financial capabilities of the enterprise – to pay wages, vacation and other payments to employees, taxes to the budget, and solve other..

Reading Time 3 mins
0 / 5 (0 voted)

Articles

May 29, 2021

Charles Lutwidge
An Easy to Understand Explanation of a Debit Memo with an Example

An Easy to Understand Explanation of a Debit Memo with an Example

Overview When dealing with merchandise inventory, some of the new terminology you might come across is debit and credit memo. What exactly does a debit memo mean? When a buyer purchases something from a business on a credit, both make records..

Reading Time 2 mins
0 / 5 (0 voted)

Articles

May 28, 2021

Charles Lutwidge
What Are Investing Activities in Accounting?

What Are Investing Activities in Accounting?

Definition Investing activities are a type of cash flow activities. Accordingly, you will see an investing activities section in the cash flow financial statement. They reflect changes to fixed assets, meaning transactions that increase and decrease the company’s long-term assets. The..

Reading Time 2 mins
0 / 5 (0 voted)

Articles

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53

Talk To A Bookkeeping Expert

A bookkeeping expert will contact you during business hours to discuss your needs.

QB_enterprise
QB_Advanced
QB_Desktop
QB_PointofSale
Billcom
BBB
Hubdoc
Founders_Pledge
Mindbody
Expensify
GustoPartner
Xero
Shopify Partner
CF_Partner
wboa