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Accounts Payable Sop Label

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Accounts Payable ProceduresAccounts Payable Procedures

Accounting / July 17, 2018 / Ariyah Lang

Under IFRS, there are two ways of presenting interest in the cash flow statement. Many companies present both the interest received and interest paid as operating cash flows. Others treat...

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Ratio ExamplesRatio Examples

Accounting / August 3, 2018 / Pearl Bailey

Accounts payable turnover ratio (also known as creditors turnover ratio or creditors’ velocity) is computed by dividing the net credit purchases by average accounts payable. It measures the number of...

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Logistic Regression ExampleLogistic Regression Example

Accounting / August 3, 2018 / Khloe Santiago

Cash from operating activities usually refers to the net cash inflow reported in the first section of the statement of cash flows. Cash from operating activities focuses on the cash...

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Year To Date Profit And Loss StatementYear To Date Profit And Loss Statement

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...

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Earning StatementEarning Statement

Accounting / August 3, 2018 / Pearl Bailey

A lender may offer you an unsecured amount of funds available for your business to draw on when capital is needed. This line of credit is considered a short-term funding...

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Recognition ExamplesRecognition Examples

Accounting / August 3, 2018 / Sharon Hardin

Because leases are legally binding agreements, your landlord can take legal action to recover back rent payments. In most cases, your landlord will win the lawsuit and a judge will...

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Accounting / August 3, 2018 / Khloe Santiago

The income statement is divided into two parts: operating and non-operating. The operating portion of the income statement discloses information about revenues and expenses that are a direct result of...

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Accounting / August 3, 2018 / Collins Barber

Reconciliation is particularly useful for explaining the difference between two financial records or account balances. Some differences may be acceptable due to the timing of payments and deposits. Unexplained or...

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