Accounting Tools

OCTOBER 11, 2023

Under the direct method, actual cash flows are presented for items that affect cash flow. Examples of the items that are usually presented under this approach are cash collected from customers , interest and dividends received, cash paid to employees , cash paid to suppliers , interest paid, and income taxes paid.

General Ledger 40

General Ledger Cash Collection Accruals Financial Statements 40

Accounting Tools

MARCH 2, 2024

Indirect Method To calculate operating cash flow under the indirect method, subtract all depreciation , amortization , income taxes, and finance-related income and expenses from the reported net income of a business. It reports net income of $100,000, depreciation of $8,000, and income taxes of $30,000.

Financial Statements 40

Financial Statements Accounts Payable Accounts Payable Accounts Receivable 40

Nanonets

APRIL 14, 2024

These tools range from accounts payable platforms to inventory management solutions and everything in between. Versapay Automated invoice delivery, payment processing, and account reconciliation capabilities take a lot of stress off of AR professionals.

AR 52

AR Payroll Data Entry Accounts Payable 52

Jetpack Workflow

JUNE 27, 2023

Clients can easily find alternative service providers for tasks like tax preparation or controller services. Stay Diligent on Compliance and Accuracy The regulatory landscape constantly changes, impacting tax plans, business finances, and other accounting matters. From there, it can add more options, like virtual CFO services.

Accounting 52

Accounting Accounting Financial Reporting Cash Collection 52