The Trucker CFO Team understands and appreciates that bookkeeping for your business is challenging when you’re on the road. You can email us or you can upload your business receipts to a secure portal. We’ll enter them into your specific account so you see the current financial status of your business in real time. Bookkeepers …
Two features of a bond—credit quality and time to maturity—are the principal determinants of a bond’s coupon rate. If the issuer has a poor credit rating, the risk of default is greater, and these bonds pay more interest. Bonds that have a very long maturity date also usually pay a higher interest rate. This higher …
Term Versus Serial Bonds Definition and Examples Read More »
If a company’s current ratio is less than one, it may have more bills to pay than easily accessible resources to pay those bills. Company A has more accounts payable, while Company B has a greater amount in short-term notes payable. This would be worth more investigation because it is likely that the accounts payable …
SOLVED: What is the Liability to Equity ratio of Chester? 1 31 .38 1.81 2.55 Read More »
To identify your average collection period, divide the number of days in your accounting cycle by the receivables turnover ratio. Cloud-based accounting software, like QuickBooks Online, makes the process of billing and collecting payments easy. Automate your collections process, track receivables, and monitor cash flow in one place. You can find all the information you …
Accounts Receivable Turnover: What’s a Good Turnover Ratio? Read More »
To identify your average collection period, divide the number of days in your accounting cycle by the receivables turnover ratio. Cloud-based accounting software, like QuickBooks Online, makes the process of billing and collecting payments easy. Automate your collections process, track receivables, and monitor cash flow in one place. You can find all the information you …
Accounts Receivable Turnover: What’s a Good Turnover Ratio? Read More »
Therefore, it takes this business’s customers an average of 11.5 days to pay their bills. In this guide, we’ll break down everything you need to know about what a receivables turnover ratio is, how to calculate it, and how you can use it to improve your business. Low A/R turnover stems from inefficient collection methods, …
Accounts Receivable Turnover Ratio Formula and Calculation Read More »
This cost per unit indicates that any car sold above $1200 will be a profitable deal. Any car sold at this CPU will be a break-even (no-profit-no-loss) deal. People sometimes fail to assess the cost per unit accurately as they fail to understand or incorrectly evaluate its components. Further, building strategic and long-lasting relationships is …
Content Example of a balance sheet using the account form What Are the Components of Balance Sheet Report? The balance sheet What is a Balance Sheet? Key Takeaways Current (Short-Term) Liabilities Now that we have seen some sample balance sheets, we will describe each section of the balance sheet in detail. Prepaid expenses includes any …
Content Booking and Reservation Software Outsourced accounting services for travel agencies: Accounting System Similar Accounting Software For Travel Agency: Accounting Management Therefore, travel agencies, regardless of their size, should seriously consider integrating a robust accounting software solution into their operations to stay competitive and ensure sustainable growth. OTRAMS is a versatile, cloud-based solution ideal for …
#1 TRAVEL ACCOUNTING SOFTWARE FOR TRAVEL & TOUR AGENCY Read More »
Content OUR PROFESSIONALS Outsourced Accounting Services Financial Planning & Analysis Preserving the value of your business Services Audit & accounting You can identify your strengths and weaknesses and create your own course of study through books, training courses, and mentorship to fill out your advisory toolbox. Advisory services can give you an amazing opportunity to …