Anfisa is a talented accountant.
In this blog she talks about accounting services, payroll, investment consulting, tax training and much more.
AnfisaWDmitrieva@www.business-accounting.net
Phone: 303-647-3438
President Joe Biden this morning ordered 50 million barrels of oil released from the strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India and the U.K. Is the official legal paper for Fulton County, Georgia’s largest metropolitan area. “Inventory” lists the machines and tools assigned to a team for the recording of operating times. The Daily Business Report features the most significant news about m […]
Overview of what is financial modeling, how & why to build a model. A non-operating expense is an expense incurred by a business that is unrelated to its core operations. What are the two types of income statements? The income statement comes in two forms, multi-step and single-step. The multi-step income statement includes four measures of profitability: gross, operating, pretax, and after tax. The income statement measures profitability and not cash flow. In this article, we w […]
This might limit the potential benefits to investment-oriented banks of diversifying into non-interest income. Overall, therefore, our paper implies that it is important to distinguish between retail- and investment-oriented banks when drawing general conclusions regarding the impact of non-interest income on bank risk. The non-interest income is the revenue earned through fees other than interest income on loans. Examples of non-interest income include origination fees on mortgages, (more&hell […]
The annuity usually offers a death benefit, under which the beneficiary of the investor is paid a certain amount if the investor dies prematurely. Also, any investment income earned under the annuity plan is tax deferred until such time as the investor is paid . This is a way to structure a DIA and can only be used in a qualified retirement account . It can be set up joint life with your spouse even though it’s in your IRA. This DIA provides a lifetime stream of income starting at a futur […]
Cash accounting is also beneficial because you can look at your bank balance at any time to understand the amount of money available. Since revenue isn’t recognized until the cash is paid, there are no income taxes until the money is in your bank account. You recognize revenue when cash is received and expenses when … Continue reading “Law Firm Bookkeeping 101”
The bag is weighed, and the machine halts the checkout when the weight of something in the bag does not match the weight in the inventory database. Normally, an employee is watching over several such checkouts to prevent theft or exploitation of the machines’ weaknesses . Payment on these machines is accepted by debit card/credit card, or cash via coin slot and bank note scanner. Use the number keys to type in the exact amount of the item. Typically (more…) […]
During the lease term, the lessor receives interest income, calculated by taking the internal rate of return of the asset. The cash inflow equals the lease payments and the cash outflow is equal to the book value of the asset.
The net investment in the lease at the end of Year 1 is determined to be $712,599. The carrying value of net investment in the lease at December 31, Year 1 equals $712,599. Alyssa Pfaff is a trainee accountant in the financial planning and analysis department of Bunge Co […]
Revenue is reported first on a profit and loss statement for small businesses and includes all income items. This entry on the P&L may be referred to as sales, gross receipts, fees, or any other term to describe the company’s operating revenue. Operating revenue is typically broken out from non-operating sources of income, like interest. A profit and loss statement (P&L) sets out your company income versus expenses, to help calculate profit. You’ll sometimes see profit and […]
For example, employees may remit cash to the employer to cover the taxes, or the employer may withhold some of the newly vested shares with a value equal to the amount of the taxes. Another reason, especially for small tech-based startups, is to avoid paying out cash. For many small companies, cash may be exceptionally tight, and paying employees in the form of stock offers payment tomorrow for work today. This can cut expenses for the company in the short-term and be exceptionally profitable f […]
Second, it can refer to the practice of expensing the cost of an intangible asset over time. The IRS has schedules that dictate the total number of years in which to expense tangible and intangible assets for tax purposes. Another definition of amortization is the process used for paying off loans. The loan amortization process includes fixed payments each pay period with varying interest, depending on the balance. Negative amortization for loans happens when the payments are smaller (more&hell […]
