These are more narrowly focused ledgers that contain more detailed information about the various master accounts in the general ledger. But simple ledger accounts may have a hard time keeping up with a business as it grows in complexity and scale. There may be a large volume of items to organize or complex transactions that …
Subledger vs General Ledger: What’s The Difference? : Planergy Software Read More »
Notes receivable and accounts receivable both show up on your balance sheet as assets. Notes receivable does too, but this category only includes debts that have a promissory note attached. Debts entered as notes receivable are usually paid back over a longer period. Managing and monitoring accounts receivable is essential for maintaining a healthy cash …
If the buyer is no longer available or is not able to pay, the supplier can also be liable for back taxes. Establish goals and measure source data accuracy. Setting goals, measuring, and creating a feedback loop can create a process for continuous improvement. Too often, problems that are easy to address are simply fixed …
Get instant access to video lessons taught by experienced investment bankers. Learn financial statement modeling, DCF, M&A, LBO, Comps and Excel shortcuts. You can set the default content filter to expand search across territories. These materials were downloaded from PwC’s Viewpoint (viewpoint.pwc.com) under license. Join our community to get finance, operations, and procurement resources straight …
Whereas something like a proposed gold mine in a developing country would have a large risk premium due to substantial uncertainty from commodity prices, geopolitical concerns, and operational risks. This is usually calculated by blending together a company’s funding sources such as debt, preferred stock, and common equity. At a minimum, a project should deliver …
High-Water Mark vs Hurdle Rate: What’s the Difference? Read More »
Attach Form 4562 to your tax return for the current tax year if you are claiming any of the following items. You repair a small section on one corner of the roof of a rental house. However, if you completely replace the roof, the new roof is an improvement because it is a restoration of …
IRS Releases Rev Proc. 2020-25: Qualified Improvement Property QIP Guidance Read More »
Big and small companies alike can benefit from making small friendly gestures like a friendly call or e-mail to check in. QuickBooks Online offers good sales and accounts receivable management in an easy to use application. Good for small and growing businesses, QuickBooks Online includes excellent reporting capability. As such, investors should be wary of …