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HomeAccrual Basis Label

Accrual Basis Label

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Accrual Basis Of AccountingAccrual Basis Of Accounting

Accounting / April 17, 2018 / Pearl Bailey

These represent your small business’s obligations to pay debts owed to lenders, suppliers, and creditors. Sometimes referred to as AP or AP for short, these liabilities can be short or...

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Accounting / June 21, 2018 / Khloe Santiago

This can be calculated as total sales (income) less the costs (expenses) directly related to those sales. Raw materials, manufacturing expenses, labor costs, marketing, and transportation of goods are all...

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Accounting / August 3, 2018 / Khloe Santiago

Banks are keenly interested in their net interest margins because they lend at one rate and pay depositors at another. However, comparisons between net interest margins of different banks are...

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Accounting / August 3, 2018 / Pearl Bailey

If at any point you decide to pursue financing for your business in the form of a business loan or by working with an investor, you might find yourself faced...

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Accounting / August 3, 2018 / Holly Mercer

Reconciling accounts and comparing transactions also helps your accountants produce reliable, accurate, and high-quality financial statements. Since your company balance sheet reflects all money spent—whether cash, credit, or loans—and all...

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Accounting / August 3, 2018 / Pearl Bailey

Some analysts use free cash flow instead of cash flow from operations because that measure subtracts cash used for capital expenditures. Using free cash flow instead of cash flow from...

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Accounting / August 3, 2018 / Sharon Hardin

Business financial statements use the terms "sales" and "receipts" in their reporting, depending on the type of statement and the accounting system of the business. While the terms sound similar,...

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Accounting / August 3, 2018 / Pearl Bailey

Cost of Sales For a manufacturer, cost of sales is the expense incurred for labor, raw materials, and manufacturing overhead used in the production of goods. While it may be...

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Accounting / August 3, 2018 / Khloe Santiago

Along with three other reports relating to the financial health of your small business, the balance sheet is essential information that gives a "snapshot" of the company’s net worth at...

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