Accounting / August 2, 2018 / Holly Mercer
Two departments, Accounts Payable (what you owe) and Accounts Receivable (what you’re owed), are responsible for keeping track of money coming in and money going out of your business.
Accounting / August 1, 2018 / Pearl Bailey
Refers to the overall wealth of a business as demonstrated by its cash accounts, assets, and investments. Often called "fixed capital," it refers to the long-term worth of the business....
Accounting / July 28, 2018 / Leah Johns
Interest Expense This item reflects the costs of a company's borrowings. Sometimes companies record a net figure here for interest expense and interest income from invested funds....
Accounting / August 3, 2018 / Collins Barber
Debit to cash flow ratio - more simply known as debt ratio - is a comparison of a company's operating cash flow to it's overall debt. The purpose of...
Accounting / August 3, 2018 / Khloe Santiago
The cash flow statement is one of the three main financial statements that show the state of a company's financial health, the other two being the balance sheet and income...
Accounting / August 3, 2018 / Ariyah Lang
Unlike the balance sheet, which covers one moment in time, the income statement provides performance information about a time period. It begins with sales and works down to net income...
Accounting / August 3, 2018 / Pearl Bailey
This will save your company from paying overdraft fees, help catch improper spending and serious issues such as embezzlement before they get out of control, and keep transactions error-free....
Accounting / August 3, 2018 / Sharon Hardin
When one thinks of how successful or unsuccessful a business is doing, it’s natural to lean towards the strategic elements of an organization that ensure profits come in: investments, funding...
Accounting / August 3, 2018 / Holly Mercer
The DSCR is the ratio of cash your small business has available for paying or servicing its debt. Debt payments include making principal and interest payments on the loan you...