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April 14, 2023
In finance and accounting, numerous metrics and concepts are essential for businesses to understand to remain financially healthy and profitable. One such concept is net working […]
April 13, 2023
If you’re a small business owner, you might have heard of “intangible assets” but may not fully understand what it means. Intangible assets refer to non-physical […]
April 12, 2023
In accounting, liabilities refer to the obligations a company or individual owes to others. These obligations arise from past transactions or events and require the entity […]
April 10, 2023
Whether you’re an entrepreneur, or a business owner, understanding how to calculate CapEx is crucial to managing finances and making informed investment decisions. Capital Expenditure refers […]
April 6, 2023
What is the Difference Between Revenue and Profit? As a business owner or entrepreneur, one’s ultimate goal is to maximize their profits and grow revenue. But despite […]
March 23, 2023
Have you ever found yourself buried under a pile of receipts, invoices, and financial statements, struggling to keep up with your business’s bookkeeping? If so, you’re […]
March 17, 2023
1. What is Accounting Equation? The Accounting Equation is a fundamental principle in accounting that represents the relationship between a company’s assets, liabilities, and Equity. The […]
March 16, 2023
What Is Supplemental Pay? Supplemental pay is any form of compensation, paid to employees apart from their regular wages or salary. That includes bonuses, overtime pay, […]
March 15, 2023
Expense report is a document used to record and report business expenses incurred by an employee during work-related activities. It typically includes information such as the […]