Change in net working capital: Change in Net Working Capital Formula Calculator Excel Template

 Posted on Posted on: 25.05.2023Categories Bookkeeping 101

A change in the net working capital can have a remarkable effect on the business’s financial health and performance. That is why it becomes important to understand what net working capital is, how to calculate it, and what changes it can undergo. Once you understand that, you can then focus on improving your NWC. Below … Continue reading “Change in net working capital: Change in Net Working Capital Formula Calculator Excel Template”

Cost of debt: Cost of Debt How to Calculate the Cost of Debt for a Company

 Posted on Posted on: 25.05.2023Categories Bookkeeping 101

The other approach is to look at the credit rating of the firm found from credit rating agencies such as S&P, Moody’s, and Fitch. A yield spread over US treasuries can be determined based on that given rating. That yield spread can then be added to the risk-free rate to find the cost of debt … Continue reading “Cost of debt: Cost of Debt How to Calculate the Cost of Debt for a Company”

Certified bookkeeper: How To Become a Certified Bookkeeper

 Posted on Posted on: 25.05.2023Categories Bookkeeping 101

This course is completely online, so there’s no need to show up to a classroom in person. You can access your lectures, readings and assignments anytime and anywhere via the web or your mobile device. Let us know what type of degree you’re looking into, and we’ll find a list of the best programs to … Continue reading “Certified bookkeeper: How To Become a Certified Bookkeeper”

Cash flow problems: 6 Reasons Companies Experience Cash Flow Problems

 Posted on Posted on: 25.05.2023Categories Bookkeeping 101

If your overhead costs are too high, your small business is going to experience cash flow problems. Costs like high rental costs, expensive car leases and travel can eat into your profits quickly. When you have high overhead costs you’re fighting an uphill battle. You have to sell more just to cover your overhead costs … Continue reading “Cash flow problems: 6 Reasons Companies Experience Cash Flow Problems”

Cash flow from financing activities: Cash Flow from Financing CFF Formula + Example

 Posted on Posted on: 25.05.2023Categories Bookkeeping 101

In other words, such assets are expected to deliver value and benefits in the long run. It provides insight into all the cash that enters and leaves the business through its operating, investing, and financing activities. Similarly, the statement of cash flow portrays the company’s net cash flow for a certain financial period. Merchants may … Continue reading “Cash flow from financing activities: Cash Flow from Financing CFF Formula + Example”

Business process automation: 13 Business Process Automation Benefits to Your Company

 Posted on Posted on: 24.05.2023Categories Bookkeeping 101

When you automate a business process, you can expect a consistent standard of outcomes every time. Standardization helps position your organization as reliable, which in turn can help increase your customer base. With business process automation, every detail of a particular business process is recorded. It is a cloud-based, no-code application, which doesn’t require extensive … Continue reading “Business process automation: 13 Business Process Automation Benefits to Your Company”

Business bookkeeping: Small Business Bookkeeping 2023 Guide

 Posted on Posted on: 24.05.2023Categories Bookkeeping 101

Bookkeeping is different from accounting in that it is the critical first step in tracking all business activities. While bookkeeping provides oversight into each individual transaction (in order to catch discrepancies and correct mistakes), accounting provides a thorough analysis of these numbers. For instance, ever looked at your bank statements and thought, Where is all … Continue reading “Business bookkeeping: Small Business Bookkeeping 2023 Guide”

Business accounting: Free Accounting Software for Small Businesses

 Posted on Posted on: 24.05.2023Categories Bookkeeping 101

Once you have a set process for documenting and reporting your finances, stick to it. Liabilities are everything that your company owes in the long or short term. Your liabilities could include a credit card balance, payroll, taxes, or a loan. The frequency in which you review and evaluate your methods is bound to be … Continue reading “Business accounting: Free Accounting Software for Small Businesses”

Burn rate: Burn Rate Formula + Calculator

 Posted on Posted on: 24.05.2023Categories Bookkeeping 101

However, one factor that needs to be controlled is the variability in revenue. A fall in revenue with no change in costs can lead to a higher burn rate. It’s often expressed in dollars per month, though it can be expressed in any timeframe. The burn rate is an important calculation for startup businesses because … Continue reading “Burn rate: Burn Rate Formula + Calculator”

Bookkeeping for shopify: The Best Accounting Software For Shopify 2023 Review

 Posted on Posted on: 24.05.2023Categories Bookkeeping 101

Start your free trial, then enjoy a month of Shopify for €1 when you sign up for a monthly Basic or Starter plan. The biggest difference between fast-growing eCommerce businesses who are able to sustain that momentum for a long… Whether it is dealing with chargebacks or a rogue employee embezzling from your company – … Continue reading “Bookkeeping for shopify: The Best Accounting Software For Shopify 2023 Review”