Rental Property Accounting 101: What Landlords Should Know

When an improvement is a betterment, it falls into one of three categories. However, to take advantage of this provision, businesses must have a capitalization policy in place at the beginning of the tax year that specifies a dollar amount under which purchases will be expensed. It’s important to consult with an accounting professional to … Read more

What is a Sales Order? And How Do You Create One?

In accounting, when a sales invoice is recorded, it consists of a debit to the accounts receivable and a credit to the sales revenue. When a customer pays a sales invoice, it is recorded as a debit of cash and a credit of accounts receivable. This is the most common type of professional sales invoice … Read more

What Is a Good Debt-to-Equity Ratio and Why It Matters

Debt and equity are two common variables that compose a company’s capital structure or how it finances its operations. Investors typically look at a company’s balance sheet to understand the capital structure of a business. Assume another company, which has 6 kinds of debts and 4 kinds of equities on its balance sheet. https://intuit-payroll.org/ You … Read more

What Is a Good Debt-to-Equity Ratio and Why It Matters

Debt and equity are two common variables that compose a company’s capital structure or how it finances its operations. Investors typically look at a company’s balance sheet to understand the capital structure of a business. Assume another company, which has 6 kinds of debts and 4 kinds of equities on its balance sheet. https://intuit-payroll.org/ You … Read more

Factor of safety Wikipedia

Management uses this calculation to judge the risk of a department, operation, or product. The smaller the percentage or number of units, the riskier the operation is because there’s less room between profitability and loss. For instance, a department with a small buffer could have a loss for the period if it experienced a slight … Read more

What is MICR Toner and What is Magnetic Ink Used For?

Also, you should consider adding locking trays to help safeguard any preprinted or blank check stock. Implementing MICR technology can involve significant initial setup costs, including specialized printers, magnetic ink, and MICR readers. These costs deter smaller businesses and organizations with limited budgets. The use of magnetic ink and a specific font in MICR printing … Read more

MICR: What Is a Magnetic Ink Character Recognition Line?

Underneath the surface of every character printed with MICR ink lies a hidden magnetic code that is indecipherable to the human eye. Magnetic ink contains iron oxide particles that are magnetically charged when printed. Embracing MICR technology guarantees a reliable and efficient check processing system that benefits all stakeholders involved. Banks and financial institutions are … Read more

Bookkeeping for Startups: Everything You Need to Know

That’s because the startup is growing nicely with more than 2,000 accounting firms now using Pennylane as their main software tool. Our team loves working with startup companies, not only that, but Kruze cares more! We’ve got the experience to help you make critical financial decisions. We have former VCs on staff to help prepare … Read more

What is an Account Balance? Definition Meaning Example

For example, accounts receivable must be continually assessed for impairment and adjusted to reflect potential uncollectible accounts. Without knowing which receivables a company is likely to actually receive, a company must make estimates and reflect their best guess as part of the balance sheet. Different accounting systems and ways of dealing with depreciation and inventories … Read more