Content Maximize Billable Time & Cash Flow Invoices done for you What are some common mistakes made in bookkeeping for a law firm? Learn More About Law Firm Bookkeeping From the Supporting Strategies Team Get more from your law software, including time tracking and billing Clear financial data reporting and analysis provides confidence in operational […]
Bookkeeping
What is retained earnings? How to calculate them
Content Example Retained Earnings Calculations What is retained earnings? How to calculate them Reporting Requirements for Retained Earnings Drive Business Performance With Datarails Retained earnings vs. cash flow How Dividends Impact Retained Earnings To calculate retained earnings, generate other financial statements, and prepare the report, you need accurate financial data. Without it, you’ll make costly […]
Direct Vs Indirect Cash Flow: Do You Know the Difference?
Content How the Cash Flow Statement Is Used Further reading: Why use the indirect cash flow method? Introduction to cash flow statements Difference Between Direct and Indirect Cash Flow Cash and cash equivalents include currency, petty cash, bank accounts, and other highly liquid, short-term investments. Examples of cash equivalents include commercial paper, Treasury bills, and […]
Filing Past Due Tax Returns Internal Revenue Service
Content How Many Years Can You File Back Taxes For? How Long Is the Statute of Limitations for IRS? An Installment Agreement Can a Company’s Tax Debt Be Personally Assessed After Bankruptcy? Why Should You Work With an Enrolled Agent at BC Tax? An installment agreement can give you up to 72 months to pay, […]
What Is Net Working Capital? With Definitions And Formulas
Content Change in Net Working Capital Formula Calculator Negative Examples of Change in Net Working Capital Formula (With Excel Template) What are the accounts that are included in the statement of changes in working capital? Statement of Changes in Working Capital Everything You Need To Master Financial Modeling Reasons Salespeople Should Be Making More Cold […]
Adjusted Trial Balance Example, Purpose, Preparation, Errors, Next Step
Content Best accounting software for preparing an adjusted trial balance Does Balance Step 2: Enter adjusting journal entries AccountingTools Thus, for US companies, the first category always seen on a Balance Sheet is Current Assets, and the first account balance reported is cash. The accounts of a Balance Sheet using IFRS might appear as shown […]
Accounting for Medical Practices: Tips and Best Practices Bench Accounting
Content Accounting for Medical Practices How Accounts Receivable works in Medical Practices Commingling business and personal expenses Medical Billing Software vs. Medical Billing Services Expertise Accelerated’s accounting solutions What Sort of Accounting Information Does a Doctor Use in His Business? For doctors just starting out, it pays to create solid systems from the time you […]