Bookkeeping

These are costs composed of a mixture of both fixed and variable components. Costs are fixed for a set level of production or consumption and become variable after this production level is exceeded. To do this, divide the total variable cost for that category by the number of units produced. Variable costing focuses on calculating […]

It’s a specific amount that should decrease over time as the borrower pays back the lender for both the principal and interest amounts. A note payable is classified in the balance sheet as a short-term liability if it is due within the next 12 months, or as a long-term liability if it is due at

The debt/equity ratio calculates a company’s financial risk by dividing its total debt by total shareholder equity. An increase in the D/E ratio can be a sign that a company is taking on too much debt and may not be able to generate enough cash flow to cover its obligations. However, industries may have an

While specific dates could vary slightly from year to year, they will always fall in the middle of January, April, June, and September, typically on the 15th of the month. If the 15th falls on a weekend or federal holiday, the due date will typically be the next weekday. They’ll allow you to pay using

To streamline your invoicing efforts, make the payment process easy. Provide customers with an easy way to pay your invoice to encourage on-time payments and improve their experience with your company. Using QuickBooks, you can create electronic invoices and accept payments from one location, improving the overall transaction for your team and your clients. When