Free cash flow is left over after a company pays for its operating expenses and CapEx. The bottom line reports the overall change in the company’s cash and its equivalents over the last period. The difference between the current CCE and that of the previous…
So the retained earnings calculation is one indicator of a business’s financial health, but it isn’t the whole story. It’s easy to understand the math if you think about what retained earnings actually are—the earnings that a company has kept…
The software covers all the accounting bases as well as invoicing, expense tracking, accounts payable, contact management, project management, inventory, budgeting, and more. Its highest-tiered plan is the Advanced option, which costs $100 per month for the first three months,…
While this, again, can come down to user preference, present value of a single amount I like the ability to just jump in and get started. One of the major differences between Xero and QuickBooks Online is the setup process.…
Save time when completing weekly reconciliations with this standardized and repeatable workflow. This includes verifying that you have documentation to back up all transactions. Over time, these assets lose value due to wear and tear, obsolescence, or other factors. When…
A gain results when an asset is disposed of in exchange for something of greater value. The double-declining balance method is typically used when the asset, like a vehicle, will depreciate faster in the early years of its life before…
The team you select needs to be cross-functional because expertise and perceptions from all levels of the organization are necessary to minimize the chances of failure. Explore this survey of over 5,000 C-suite tech leaders for insights about leading technology…