A change to property, plant, and equipment (PPE), a large line item on the balance sheet, is considered an investing activity. When investors and analysts want to know how much a company spends on PPE, they can look for the sources and uses of funds in the investing section of the cash flow statement. Unlike […]

A bookkeeper is responsible for recording daily financial transactions, updating a general ledger and preparing trial balances for perusal by accountants. They monitor cash flow and produce financial reports to assist managers in taking strategic decisions. Bookkeepers may also assist in running payroll and generating invoices for your company. Transactions include purchases, sales, receipts and […]

We looked at dozens of third-party user reviews to see if the providers live up to their marketing claims. This helped to gauge the quality of each product further and provide deeper insights into what each does well—and where they fall short. Here are the metrics we used to evaluate the leading accounting software companies. […]

If the value of the home of your dreams comes in low, you still have options — but just the same, I hope this isn’t a problem you face. The report notes that 86% of respondents said the typical cost is $400 or more, so you should probably budget what are some examples of investing […]

As an eBay seller, you’re responsible for reporting your income and paying applicable taxes, including any GST, PST, or HST taxes that may apply to your products. For this reason, you must keep in-depth records of your sales and expenses throughout the year to simplify tax preparation. Consulting a tax professional before tax season also […]

Regarding tax deadline management, QuickBooks Online‘s automated reminders and filing assistance stand out, whereas QuickBooks Desktop requires more manual tracking. These disparities understanding progressive tax rates contribute to the distinct experiences users encounter when managing payroll liabilities in each platform. Users can access the Pay Liabilities feature to calculate taxes accurately, including federal and state […]

Access and download collection of free Templates to help power your productivity and performance. Ask a question about your financial situation providing as much detail as possible. Our goal is to deliver the most understandable and comprehensive explanations of financial topics using simple writing complemented by helpful graphics and animation videos. We follow strict ethical […]

Currently, it is among the largest companies providing all-around business solutions. While ADP primarily operates in the business services sector and thus has few warehouse roles, if they do exist, they would likely be subjected to drug tests due to the safety-sensitive nature of warehouse work. The ADP Employment Report is usually published two days […]

Does this mean that everyone who plays violent video games will go out and attack someone? It just means that there is some kind of relationship between playing the video games and violence. Let’s say that for our newborn experiment we found that as soon as the loud noise occurred, the newborn cried and that […]

On the other hand, additional paid-in capital only includes the amount in excess of the par value of the stocks. Shareholder’s equity is a section that includes capital contributed to the company plus its retained earnings from all prior years in business. It is equivalent to the company’s assets minus its liabilities – the other […]