Accounting Tools

SEPTEMBER 18, 2023

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook The Balance Sheet What are Total Assets? Total assets refers to the total amount of assets owned by a person or entity. Assets are items of economic value, which are expended over time to yield a benefit for the owner.

Accounts Receivable 75

Accounts Receivable Accounts Receivable Account Receivables Bookkeeping 75

Accounting Tools

JULY 23, 2023

Related Courses The Balance Sheet The Interpretation of Financial Statements What are Net Quick Assets? Net quick assets are the aggregate amount of a firm’s cash, marketable securities , receivables , and current liabilities.

Financial Statements 40

Financial Statements Accounting Accounting 40

Accounting Tools

JUNE 16, 2023

Related Courses Business Ratios Guidebook The Interpretation of Financial Statements The current ratio and quick ratio are both designed to estimate the ability of a business to pay for its current liabilities. Consequently, the more reliable measure of short-term liquidity is the quick ratio.

Financial Statements 75

Financial Statements 75

Accounting Tools

MAY 13, 2024

A turnover ratio represents the amount of assets or liabilities that a company replaces in relation to its sales. The concept is useful for determining the efficiency with which a business utilizes its assets. It can be impacted by the use of throughput analysis , manufacturing outsourcing, capacity management, and other factors.

Accounts Payable 40

Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 40

Accounting Tools

JUNE 10, 2023

Related Courses The Interpretation of Financial Statements What are Quick Assets? Quick assets are any assets that can be converted into cash on short notice. The most likely quick assets are cash, marketable securities , and accounts receivable.

Financial Statements 40

Financial Statements Accounts Receivable Accounts Receivable Account Receivables 40

Accounting Tools

FEBRUARY 25, 2024

Related AccountingTools Courses Business Ratios Guidebook Credit and Collection Guidebook The Interpretation of Financial Statements Examples of Liquidity Ratios Ratios Examples of solvency ratios are noted below, where we describe the current ratio and quick ratio. The remaining assets in the numerator are more easily convertible into cash.

Financial Statements 74

Financial Statements Billing Budgeting Collections 74

Accounting Tools

OCTOBER 11, 2023

Financial ratios can be used to compare companies within an industry, since they generally have approximately the same operating models and use roughly the same proportions of assets in relation to their sales volume. The formula is current assets, divided by current liabilities. Quick ratio. Return on assets.

Financial Statements 75

Financial Statements Accruals Billing Collections 75

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is the Quick Ratio? The quick ratio is used to evaluate whether a business has enough liquid assets that can be converted into cash to pay its bills. What is Included in the Quick Ratio? Accrued liabilities.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Financial Statements 40

Accounting Tools

JULY 25, 2023

The main liquidity ratios are the cash ratio, current ratio, and quick ratio. Cash Ratio The cash ratio compares a company's most liquid assets to its current liabilities. Its main failing is that the inventory component of current assets can be difficult to sell off. It is the most conservative of all liquidity ratios.

Accounts Payable 40

Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 40

Accounting Tools

OCTOBER 13, 2023

A secured creditor is a lender that has placed a lien on certain assets of a borrower. A lien allows the creditor to seize those assets designated as being the collateral of the borrower. When a lien has been recorded against an asset, the creditor can move quickly to acquire the asset in the event of a payment default by the borrower.

Collections 40

Collections 40

Accounting Tools

AUGUST 8, 2023

Related Courses CFO Guidebook Corporate Finance Crowdfunding What is Asset Financing? Asset financing involves the use of existing assets as collateral in order to secure a loan. The most common use of asset financing involves the pledging of trade receivables, since receivables are easily convertible into cash.

Corporate Finance 40

Corporate Finance Accounts Receivable Accounts Receivable Account Receivables 40

Accounting Tools

OCTOBER 24, 2023

Related Courses The Balance Sheet What is a Current Asset? A current asset is an item on an entity's balance sheet that is either cash , a cash equivalent , or which can be converted into cash within one year. Examples of Current Assets There are many types of current assets, which vary by industry.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Collections 40

Accounting Tools

APRIL 25, 2024

Net working capital is defined as current assets minus current liabilities. The business would have to find a way to fund that increase in its working capital asset, perhaps by selling shares, increasing profits, selling assets, or incurring new debt. This is a source of cash, though suppliers may increase prices in response.

Collections 40

Collections Accounts Payable Accounts Payable Accounts Receivable 40

Counto

JANUARY 8, 2024

In this article, we’ll compare Sole Proprietorship and Pte Ltd in Singapore across various aspects to help you decide which structure suits your business best. This unlimited liability can put the owner’s personal assets at risk in case of financial difficulties.

Corporation Tax 52

Corporation Tax Tax Financial Records Accounting 52

Accounting Tools

MARCH 8, 2024

Among the more common reports are the accounts receivable aging report , accounts payable aging report , fixed asset depreciation schedule, current inventory report, fixed asset depreciation report, trial balance , and financial statements. It can also produce reports much more quickly than a manual system.

General Ledger 40

General Ledger Accounting Accounting Accounts Payable 40

Accounting Tools

DECEMBER 22, 2023

Examples of Non-Operating Expenses Examples of non-operating expenses are interest expense , derivatives expense, lawsuit settlement expense, loss on disposition of assets, obsolete inventory charges, and restructuring expense.

Financial Analysis 40

Financial Analysis Financial Statements 40

Accounting Tools

NOVEMBER 3, 2023

Liquidation value is the amount at which a company could sell its assets and settle liabilities on a rush basis. If more buyers had been made aware of the sale, they might bid asset purchase prices up to higher levels. Related Articles Asset Valuation Fair Value Accounting The Difference Between Book Value and Market Value

Accounting 40

Accounting Accounting 40

Accounting Tools

OCTOBER 7, 2023

The analysis of these ratios is designed to draw conclusions regarding the financial performance, liquidity , leverage , and asset usage of a business. Chief among these ratios are the current ratio and quick ratio , which compare certain current assets to current liabilities.

Financial Statements 40

Financial Statements General Ledger Financial Analysis Customer Service 40

Accounting Tools

JULY 10, 2023

It does so by comparing the total investment in assets to the total amount of equity. If the outcome of the calculation is high, this implies that management has minimized the use of debt to fund its asset requirements, which represents a conservative way to run the entity. The main goal is to reduce the amount of debt outstanding.

Collections 40

Collections Financial Statements Accounts Receivable Accounts Receivable 40

Accounting Tools

OCTOBER 8, 2023

Working capital is the amount of an entity's current assets minus its current liabilities. This represents the amount of assets that can be liquidated in the near future to pay off a firm’s more pressing obligations. A working capital analysis of this type should be conducted at ongoing, regular intervals.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Accounts Payable 40

Accounting Tools

JUNE 15, 2023

The cash ratio compares a company's most liquid assets to its current liabilities. It is the most conservative of all the liquidity measurements, since it excludes inventory (which is included in the current ratio ) and accounts receivable (which is included in the quick ratio ).

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Financial Statements 40

Outsourced Bookeeping

APRIL 4, 2024

We’ll explore five essential suggestions in this article, each specifically designed to meet the particular requirements of the sector. For construction firms to do well, effective financial management is essential. Establish a policy to incentivize staff members to quickly report any questionable activity.

Bookkeeping 52

Bookkeeping Outsourced Bookkeeping Budgeting Data Entry 52

Counto

JANUARY 7, 2024

Understanding the Company Constitution A company constitution, sometimes referred to as the articles of association, is a written document that governs the internal affairs of a company. Distribution of Surplus Assets: Provisions outlining the distribution of surplus assets in the event of the company’s dissolution.

52

52

Counto

JANUARY 8, 2024

Step 3: Transfer Business Assets Close sole proprietorship bank accounts and open new ones for the Pte Ltd company. Settle sole proprietorship debts, converting remaining assets into capital. Novate or re-sign contracts, service agreements, or leases. Reapply for licenses or permits that are not transferable.

Corporation Tax 52

Corporation Tax Tax Accounting Accounting 52

Accounting Tools

JULY 24, 2023

Investigate Asset, Liability, and Equity Account Balances Verify that the contents of all asset, liability, and equity accounts for both the subsidiaries and the corporate parent are correct, and adjust as necessary. Related Articles Consolidated Balance Sheet Consolidated Financial Statements Consolidated Group

Financial Statements 75

Financial Statements Accounting Accounting Payroll 75

Accounting Tools

MARCH 29, 2024

First, it is a quick and easy way to develop a forecast within a short period of time. Many balance sheet items also do not correlate with sales, such as fixed assets and debt. And second, it can yield high-quality forecasts for those items that closely correlate with sales.

Budgeting 40

Budgeting Financial Statements Accounts Payable Accounts Payable 40

Counto

JANUARY 7, 2024

This legal separation allows parent companies to limit their liabilities and risks to the subsidiary’s assets, shielding them from potential financial implications. In this article, we’ll guide you through the essential documents needed to establish a subsidiary in Singapore successfully.

Record Keeping 52

Record Keeping Financial Records Accounting Accounting 52

Counto

FEBRUARY 22, 2024

Balance Sheet: A balance sheet provides a snapshot of your business’s financial position, including its assets, liabilities, and equity. Understanding marginal costs can help you make pricing and production decisions that maximize profitability. Burn Rate: Burn rate refers to how quickly your business is spending its cash reserves.

Accruals 52

Accruals Financial Statements Accounting Accounting 52

Accounting Tools

AUGUST 28, 2023

Liquidation Value Liquidation value is the amount of funds that would be collected if all assets and liabilities of the target company were to be sold off or settled. Generally, liquidation value varies depending upon the time allowed to sell assets. This estimation is based on a sampling of licensing deals for similar assets.

CPA 75

CPA Collections Accounting Accounting 75

Accounting Tools

SEPTEMBER 8, 2023

Since current liabilities are typically paid by liquidating current assets , the presence of a large amount of current liabilities calls attention to the size and prospective liquidity of the offsetting amount of current assets listed on a company's balance sheet. This is current assets divided by current liabilities.

Accounts Payable 40

Accounts Payable Accounts Payable Computation Deposits 40

Counto

JANUARY 3, 2024

Capital Gains : Specifying how capital gains from the sale of assets are taxed. Here are some articles you might find helpful: Registering your company in Singapore SSIC codes Company name The post Navigating Singapore’s Double Tax Treaties appeared first on Welcome to Counto Singapore.

Tax 52

Tax 52

Accounting Tools

MAY 18, 2024

However, buying another entity can put the acquirer at financial risk, since it must pay the shareholders of the acquiree a substantial amount of assets. Related Articles Growth Rate Sustainable Growth Rate Inorganic growth tends to be more rapid than organic growth, since large blocks of revenue can be acquired quickly.

Financial Statements 40

Financial Statements Financial Analysis 40

Counto

FEBRUARY 3, 2024

Unnecessary Investments: Overspending on non-essential assets can drain your funds. Here’s an article you might find helpful: Preventing payment delays The post Improving Cash Flow: Your Key to Business Success appeared first on Welcome to Counto Singapore. Discover a smarter way to outsource your accounting with confidence.

Financial Statements 52

Financial Statements Invoicing Tax Accounting 52

Accounting Tools

JUNE 14, 2023

The acid-test ratio compares a company’s most short-term assets to its short-term liabilities. However, even with such a favorable ratio, it is possible that timing differences will exist, such as a large liability that is due for payment within the next few days, while the offsetting assets may not be liquidated for another few weeks.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Financial Statements 40

Accounting Tools

FEBRUARY 9, 2024

Working capital is the amount of an entity's current assets minus its current liabilities. Note: Current assets are any assets considered to be collectible within one year, while current liabilities are any liabilities expected to be settled within one year. What is Working Capital?

Accounts Payable 40

Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 40

Accounting Tools

SEPTEMBER 11, 2023

For example, one can calculate a company's quick ratio to estimate its ability to pay its immediate liabilities , or its debt to equity ratio to see if it has taken on too much debt. Quick ratio. Measures the amount of time required to convert assets into cash. Fixed asset turnover ratio. Return on net assets.

Financial Statements 40

Financial Statements Financial Analysis Accounts Receivable Accounts Receivable 40

Accounting Tools

SEPTEMBER 4, 2023

While accomplishing this mission, the treasurer must engage in considerable prudence to ensure that existing assets are safeguarded through the use of safe forms of investment and hedging activities. Use various hedging and netting strategies to reduce risk related to changes in asset values, interest rates , and foreign currency holdings.

Budgeting 40

Budgeting Accounts Receivable Accounts Receivable Account Receivables 40