Bookkeeping 101

Zelle® is free to use in the Capital One Mobile app. … They can enroll at zellepay.com—then they’ll be set to receive payments when you send money with Zelle®….

To cancel your subscription at any time go to Account & Settings in QuickBooks and select “Cancel.” Your QuickBooks cancellation will become effective at the end of the monthly billing period. You will not receive a pro-rated refund; your access …

Quickbooks online doesn’t fit our needs on the invoicing because you can’t customize invoices. We bill on milestone, % based invoicing, and QB’s only does product invoicing….

The distribution lines are exported into a CSV file that can be imported into the external application and used to create accounting. The Create Accounting process evaluates conditions based on the priority of the rule detail. Mapping sets can be use…

Retained earnings represent a portion of net income that the company keeps after dividends are paid to shareholders. The statement of retained earnings shows changes in a corporation’s retained earnings account for a certain period. The statement sta…

Vertical Analysis: In this type of analysis, figures in the financial statement for a single year are analysed. It involves the study of relationship between various items of Balance Sheet or statement of Profit & Loss of a single year or period….

If the Johnson kitchen addition, as mentioned above, requires 50 labor hours, and Susie needs to decide on a labor rate per hour. She also needs to budget for all materials, including a cost per square foot for lumber. A labor shortage, for example, …

Once the value per dollar of cash flows is found, the actual periodic cash flows can be multiplied by the per dollar amount to find the present value of the annuity. Time value of money is the concept that a dollar received at a future date is worth …

You’ll learn about the most widely used financial statements to complete the analysis. We’ll also discuss how to calculate vertical analysis and interpret the results. So, for example, when analyzing an income statement, the first line item, sales, w…

An annuity is essentially a loan, a multi-period investment that is paid back over a fixed period of time. The amount paid back over time is relative to the amount of time it takes to pay it back, the interest rate being applied, and the principal . …