Retained Earnings: Calculation, Formula & Examples

In terms of financial statements, you can find your retained earnings account (sometimes called Member Capital) on your balance sheet in the equity section, alongside shareholders’ equity. In rare cases, companies include retained earnings on their income statements. This statement of retained earnings can appear as a separate statement or as inclusion on either a … Continue reading Retained Earnings: Calculation, Formula & Examples

What is Accounts Payable: Definition, Process, and Examples

You’ll need to ensure that a centralized invoice processing system is in place. The accounts payable account also includes the trades payable from your business, because this refers to the amount of money that you owe your suppliers for products related to inventory. An ideal accounts payable process begins with a proper chart of accounts, … Continue reading What is Accounts Payable: Definition, Process, and Examples

Cross Border CPA San Jose CPA Silicon Valley CPA Firm

Alam One Stop Tax and Accounting Services is an enrolled agent firm serving individuals and businesses in San Jose. Its services include data entry, invoicing and bill paying, bank and credit card reconciliation, internal accounting reports, and tax reports. The firm is headed by Mahbub Alam, a certified public accountant who is proficient in Quick … Continue reading Cross Border CPA San Jose CPA Silicon Valley CPA Firm

Oil and gas companies have so much cash they’re cutting back on borrowing

CapEx (Capital expenditure) refers to investments to a business long term. OpEx (operating expenses) refer to the everyday expenses a business incurs capex meaning throughout standard operation. Again, capital expenditures refer to long-term investments related to your business over a multi-year timeline. Let’s now talk about a few highlights from the quarter from a product … Continue reading Oil and gas companies have so much cash they’re cutting back on borrowing

Small Business Accounting Services: LYFE Accounting

Although 1-800Accountant offers a dedicated bookkeeper and a number to call, it doesn’t offer video meetings or unlimited meetings, which is why it scored lower in the personal bookkeeper category. A good alternative is QuickBooks Live, which provides video meetings and unlimited meetings in general. In addition, Brainy Advisors gives you the ability to create … Continue reading Small Business Accounting Services: LYFE Accounting

The difference between accruals and deferrals

Revenue is deferred when payment is received before the goods or services are delivered. The timing difference in deferral accounting is the recognition of revenue and expenses after cash has actually been exchanged. Accruals and deferrals are the basis of the accrual method of accounting, the preferred method by generally accepted accounting principles (GAAP). For … Continue reading The difference between accruals and deferrals

What are ACH payments? A business owners guide

These include requirements that data be encrypted both in transit and at rest, risk https://pcnews.ru/news/kaseya_obnovila_svou_produktovuu_linejku_do_versii_70-540493.html management protocols, and adherence to consumer protection regulations. ACH further secures customer data via the employment of multifactor authentication, routine security audits, and strict access controls throughout the transaction. ACH can be a great low-cost alternative to credit cards, but … Continue reading What are ACH payments? A business owners guide

Problem 101 Consider the generic ionic compo .. FREE SOLUTION

All data that is stored by Google is encrypted at the storage layer using the Advanced Encryption Standard (AES) algorithm, AES-256. It is important to note that A2X customer data is encrypted not just while it’s stored, but also during the transfer process. Yes, every bottle of A2X has a tamper-proof seal on the outside … Continue reading Problem 101 Consider the generic ionic compo .. FREE SOLUTION