BooksTime  ➞  Charles Lutwidge

Charles Lutwidge

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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

March 03, 2021

Charles Lutwidge
What is another name for a bookkeeper?

What is another name for a bookkeeper?

A bookkeeper tracks, organizes, and records transactions and tracks the income and expenses of a business for tax season. Let’s see what other names the bookkeeper can be referred to. Clerk A clerk is a person that is usually hired...

Reading Time 2 mins
0 / 5 (0 voted)
Never Worry About Your Bookkeeping Again
Never Worry About Your Bookkeeping Again

Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.

January 19, 2021

Charles Lutwidge
What are Depreciable Assets for a Business?

What are Depreciable Assets for a Business?

Assets are resources that bring value to the company. They are items that you buy to use in your business to help generate income over an extended period (more than 12 months).  Non-current assets fluctuate in value over their lifespan....

Reading Time 3 mins
0 / 5 (0 voted)

January 12, 2021

Charles Lutwidge
BooksTime vs. QuickBooks Live

BooksTime vs. QuickBooks Live

What is QuickBooks Live? QuickBooks is best known as accounting software makers. Recently, they started offering something new: a bookkeeping service called QuickBooks Live. The service is simple: they give you a bookkeeper who uses the QuickBooks app to keep...

Reading Time 3 mins
4 / 5 (4 voted)

December 28, 2020

Charles Lutwidge
Contribution Margin Ratio

Contribution Margin Ratio

Introduction Profit (contribution) margin is the difference between sales revenue and variable costs. Moreover, both of these indicators – revenue and costs – are taken for a specific volume of production. We can also say that marginal profit is the...

Reading Time 2 mins
0 / 5 (0 voted)

December 25, 2020

Charles Lutwidge
Accounts Receivable Turnover Ratio

Accounts Receivable Turnover Ratio

The impact of accounts receivable on the company’s financial position is ambiguous. A significant amount of accounts receivable can lead to a need to attract additional funds due to the outflow of the company’s own cash. On the other hand,...

Reading Time 3 mins
0 / 5 (0 voted)

December 23, 2020

Charles Lutwidge
A Guide to Notes Payable

A Guide to Notes Payable

Definition The definition of Notes payable is a formal debt in which a note is signed for the repayment of any obligations due to the creditor. In other words, we are owning money or something to a creditor (someone else)....

Reading Time 2 mins
0 / 5 (0 voted)

December 22, 2020

Charles Lutwidge
Accounting Basics for Beginners

Accounting Basics for Beginners

All enterprises, regardless of their type and forms of ownership, maintain accounting records in accordance with the current legislation. If you are in a position where you will be using the financial data to make management decisions, knowing at least...

Reading Time 3 mins
0 / 5 (0 voted)

December 14, 2020

Charles Lutwidge
Quick Ratio

Quick Ratio

Definition The quick liquidity ratio (QR) is an indicator that shows the solvency of a business entity in the short term. This indicator shows whether it will be able to pay off its short-term liabilities at the expense of the...

Reading Time 2 mins
0 / 5 (0 voted)
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