by webf | Aug 20, 2024 | Bookkeeping
Failure to pay property taxes could lead to a fine, a lien being placed on your home or even foreclosure. If their analysis shows they’ve collected too little, you’ll need to cover the difference. You may be given options to make a one-time payment or increase the...
by webf | Feb 12, 2024 | Bookkeeping
CPAs may also be required to maintain active membership in the Association of International Certified Professional Accountants (AICPA) or similar professional organizations to qualify for renewal. While the CPA Exam is the same for all candidates, other requirements...
by webf | Jan 30, 2024 | Bookkeeping
Write-offs affect both balance sheet and income statement accounts on your financial statement, so it’s important to be accurate when handling bad debt write-offs. While the direct write-off method is the easiest way to eliminate bad debt, it should be used...
by webf | Dec 31, 2021 | Bookkeeping
The first part, operating and investment cash flow (free cash flow) is discounted at cost of equity (instead of weighted average cost of capital). The tax shield is quantified as the sum of taxes paid on interest (corporate tax rate times interest). Financial effect...
by webf | Dec 9, 2021 | Bookkeeping
By evaluating its DPO, it can project its creditworthiness, liquidity, and financial health. When a company’s DPO is high, this may either mean the company is struggling to pay bills on time or is effectively using credit terms. A company with a higher value of...
by webf | Sep 20, 2021 | Bookkeeping
With Bench, you get a team of real, expert bookkeepers in addition to software. You’ll always have the human support you need, and a mobile friendly platform to access your up-to-date financials. There are some times that bookkeepers in seattle washington we’ll...
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