Category: Bookkeeping

A discounted payback period determines how long it will take for an investment’s discounted cash flows to equal its initial cost. The rule states that investment can only be considered if its discounted payback covers its initial cost before the cutoff time frame. The discounted payback period is a modified version of the payback period that… Continue reading Discounted Payback Period Formula + Calculator

Content Advantages and Disadvantages of Straight-Line Depreciation What are realistic assumptions in the straight-line method of depreciation? What is the Depreciable Value of Fixed Asset? ( Example and Calculation) Use of Contra Account Depreciation Concepts What is depreciation and how is it calculated? What Are the Benefits of Bonus Depreciation? Why do we use straight-line… Continue reading Depreciable Base

Content Books related to FULL CHARGE BOOKKEEPING, For the Beginner, Intermediate & Advanced Bookkeeper The Cost of Not Keeping Accurate Records What Skills and Training Are Needed to Be Full Charge? Detail-oriented Full Charge Bookkeeper Job Description The Windup: Full-charge Bookkeeping Full Charge Bookkeeper vs. Controller: What’s the Difference? This individual will train client personnel… Continue reading Full Charge Bookkeeper Job Description

Content Portfolio selection with transaction costs PTO Meaning – Definition of Paid Time Off Optimal asset location and allocation with taxable and tax-deferred investing Which Asset Does Not Depreciate? Capital market equilibrium with personal tax EFRAG draft comment letter on IAS 12 and pillar two income taxes A method established under the Modified Accelerated Cost… Continue reading MACRS Asset Life table

Content Understanding the Accounts Receivable Turnover Ratio Tracking Your Accounts Receivable Turnover Usefulness of the Accounts Receivables Turnover Ratio Accounts Receivable Turnover Ratio Template Maria’s average collection period, as computed above, is 60.83 days which means the company on average takes 60.83 days to collect a receivable. Whether a collection period of 60.83 days is… Continue reading Receivables turnover ratio definition, explanation, formula, example and interpretation

If you’re using the wrong credit or debit card, it could be costing you serious money. Our experts love this top pick, which features a 0% intro APR for 15 months, an insane cash back rate of up to 5%, and all somehow for no annual fee. If you’re calculating DSO for the month, you use the number of days… Continue reading What is days sales outstanding DSO? DSO Meaning

Content Florida gas prices unexpectedly rise 16 cents last week Fort Lauderdale Florida gas prices drop for 2nd straight week Florida gas prices on rise again due to OPEC decision: how much more you’ll pay Drivers across Florida are seeing higher gas prices as school is out and driving season is upon us, the American… Continue reading 10 states now have average gas prices above $5 : NPR