by Tina | Nov 1, 2024 | Bookkeeping
Some people have what’s called “silent heart attacks,” where they t account example don’t experience any pain at all. But those who do experience pain during a heart attack can feel it anywhere in their chest, typically across an area roughly the size of their fist or...
by Tina | Jul 16, 2024 | Bookkeeping
This structured data format allows investors and regulators to analyze the information efficiently. This category covers specialized reports required by agencies outside the financial and tax spheres, often focused on public welfare and specific industry oversight....
by Tina | Nov 14, 2023 | Bookkeeping
Xero is a cloud-based accounting software designed to make small business accounting easier. Other focal points included maintaining financial records through regular bookkeeping, preparing financial statements, and complying with tax laws. Financial reports are...
by Tina | Mar 2, 2023 | Bookkeeping
That’s distinct from retained earnings, which are calculated to-date. Retained earnings are an important part of accounting—and not just for linking your income statements with your balance sheets. Retained earnings are a critical part of your accounting cycle that...
by Tina | Nov 28, 2022 | Bookkeeping
This has no immediate impact on cash flow, but it does further delay the inflow of cash. Accounts receivable, like notes receivable, impact cash flow by delaying the receipt of cash from customers. When you collect on a note received, both principal and interest...
by Tina | Feb 28, 2022 | Bookkeeping
This report differentiates revenues and expenses in order to see how much net income has been generated. That in turn, allows you to analyze how well your startup performed during that time period. This data needs to get organized into something more useful for the...
