Accounting Tools

MAY 13, 2024

Impact on Loan Ratios If an entity has been issued a loan by a lender , the agreement may include a restriction on the allowable proportions of current assets to current liabilities. If the entity cannot meet the target ratio, the lender can call the loan.

Tax 69

Tax Financial Reporting Auditing Accounting 69

Accounting Tools

OCTOBER 7, 2023

Related Courses Business Ratios Guidebook Financial Analysis The Interpretation of Financial Statements What is Ratio Analysis? Financial ratios compare the results in different line items of the financial statements. The most important of these ratios are the gross profit ratio and net profit ratio.

Financial Statements 40

Financial Statements General Ledger Financial Analysis Customer Service 40

Counto

FEBRUARY 7, 2024

Understanding the Foreign Worker Quota The Foreign Worker Quota, also known as the dependency ratio ceiling (DRC), sets the maximum ratio of foreign employees to the total workforce that a company in a specific sector can employ. Discover a smarter way to outsource your accounting with confidence.

Computation 52

Computation Financial Services Tax Accounting 52

Counto

MAY 4, 2024

Quotas and Levies: Dependency Ratio Ceiling (DRC): This regulates the proportion of foreign workers a company can employ, varying by sector. Here’s an overview of the different work passes required based on the category of foreign talent you plan to hire in Singapore. Let our pro team handle your payroll from start to finish.

Payroll 52

Payroll Corporation Tax Bookkeeping Tax 52

Accounting Tools

AUGUST 31, 2023

The bulk of all cash flows will likely be reported within this category. When a business only sells to customers in excellent financial condition, the payments from them are much more likely to arrive on time. The interest payments made also reduce its cash reserve, making the organization less financially viable.

Accruals 75

Accruals Financial Statements Accounts Payable Accounts Payable 75

Counto

JANUARY 16, 2024

Grants are a valuable form of financial support offered by the government to empower businesses across various sectors. This unparalleled benefit can significantly alleviate the financial strain associated with business expansion and development, offering a helping hand without the worry of payback. What is a business grant?

Collections 52

Collections Accounting Accounting 52

Remote Quality Bookkeeping

JUNE 19, 2023

If your expense-to-sales ratio isn’t good enough, it may not matter how many sales you make. This article will explore some of the most common expenses related to running a small business and how you should categorize them when trying to get an accurate picture of the expense side of your business. Is now the time to invest and grow?

Bookkeeping 52

Bookkeeping Budgeting Tax Payroll 52