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Accounts

February 14, 2023
how to make your business recession proof

How To Make Your Business Recession Proof In 2023

In the ever-volatile global economy, recessions remain a possibility. You cannot turn blind to the likelihood of an economic downturn and envision an ideal tomorrow. The […]
February 3, 2023

What Is Perpetuity? A Complete Guide

A security or bond that pays dividends or returns ad infinitum is perpetuity. In the business world, the term helps businesses know their market value and […]
February 2, 2023
what is a deferral in accounting

Deferral In Accounting Defined: What Is It & Why Use It?

Accrual-based accounting is the go-to method for public and private businesses as it is simple. However, tracking finances this way is easier said than done, as […]
January 26, 2023
marginal cost formula

What Is Marginal Cost, Its Formula, And How To Calculate It?

Small and medium businesses long for ways to win a competitive edge and beat the market. Economies of scale enable them to do the same and […]
January 19, 2023
what-is-cash-disbursements-journal

What Is Cash Disbursements Journal In Accounting?

You cannot overstate how vital cash disbursements journal is for small and medium-sized businesses. This journal records the cash payments made through a check, e-check, or […]
December 21, 2022
Trailing Twelve Months In Finance

Importance Of Trailing Twelve Months In Finance

Being a small business owner, it is extremely important to compile and report your financial data accurately. When you have complete clarity about your finances, you […]
December 15, 2022
Good Liquidity

Understanding Good Liquidity And Its Ratios

It is extremely vital for a business to have a clear understanding of the company’s accounting liquidity. In order to achieve that, you need to explore […]
December 14, 2022

Opening Balance Equity And Its Importance

Accounting software are gaining popularity rapidly, especially among small and large enterprises. However, there are a lot of accounts that are unfamiliar to business owners; one […]
December 9, 2022
Profitability Models

Profitability Models – How They Help In Forecasting The Future

“Startups don’t fail because they lack a product; they fail because they lack customers and a profitable business model.” -Steve Blank Profitability models matter regardless of […]