Accounting Department

AUGUST 17, 2023

In today's rapidly evolving business landscape, it is crucial for organizations to future-proof their operations to ensure long-term success. One of the key pillars of achieving this is strategic financial planning and analysis.

Accounting 209

Accounting Accounting 209

Accounting Today

MARCH 11, 2024

President Joe Biden's budget proposal — which calls for sweeping tax increases on corporations and the wealthy — is the opening round of a looming tax fight set to consume Washington next year.

Tax 279

Tax Budgeting 279

Accounting Tools

APRIL 28, 2024

What are Short-Term Investments? Short-term investments are those that can be readily converted into cash. Most investments that are actively traded can be considered short-term investments, since they can be easily liquidated.

Corporate Finance 40

Corporate Finance Deposits Billing Accounting 40

Accounting Tools

APRIL 28, 2024

What is a Short-Term Liability? A short-term liability is a financial obligation that is to be paid within one year. Examples of short-term liabilities are as follows: Trade accounts payable. Short-term debt. Current portion of long-term debt. Includes all billed liabilities owed to the suppliers of a business.

Deposits 40

Deposits Accounts Payable Accounts Payable Tax 40

Accounting Tools

NOVEMBER 9, 2023

What are Long-Term Assets? Long-term assets are assets that are not expected to be consumed or converted into cash within one year. Examples of Long-Term Assets Common examples of long-term assets are fixed assets , intangible assets , and long-term investments.

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Accounting Tools

NOVEMBER 24, 2023

What is a Short Term Asset? A short term asset is an asset that is to be sold, converted to cash , or liquidated to pay for liabilities within one year. Later, when it is expected that they will be charged to expense within one year, they are reclassified at that time as short term assets.

Accounts Receivable 72

Accounts Receivable Accounts Receivable Account Receivables Accounting 72

Accounting Today

OCTOBER 24, 2023

Commissioner Werfel encouraged Congress to keep the money coming.

Tax 322

Tax 322

Accounting Tools

APRIL 29, 2024

What are Short-Term Employee Benefits? Short-term employee benefits are offered to employees within the current 12-month period. Compensated absences where payment is settled within 12 months of when employees render related services, for example, vacation, short-term disability, jury service, and military service.

Payroll 40

Payroll 40

Accounting Tools

JUNE 10, 2023

Related Courses Accountants’ Guidebook Payables Management What are Accounting Payment Terms? Accounting payment terms are the payment rules imposed by suppliers on their customers. Payment terms are imposed to ensure that payments are received by suppliers within a reasonable period of time.

Accounting 74

Accounting Accounting Cash Collection Accounts Payable 74

Accounting Tools

DECEMBER 28, 2023

What is the Long-Term Debt to Equity Ratio? The long-term debt to equity ratio is a method used to determine the leverage that a business has taken on. How to Calculate the Long-Term Debt to Equity Ratio To derive the ratio, divide the long-term debt of an entity by the aggregate amount of its common stock and preferred stock.

Financial Statements 75

Financial Statements 75

Accounting Tools

NOVEMBER 7, 2023

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What are Short Term Sources of Funds? There are many short-term sources of funds available to a company, which require varying levels of collateral , personal guarantees, and interest expense.

Accounts Receivable 75

Accounts Receivable Accounts Receivable Account Receivables Corporate Finance 75

CSI Accounting & Payroll

FEBRUARY 9, 2024

When our clients need to borrow money, they ask us: What are the long-term loan options for small businesses? What are the short-term loan options for small businesses? At CSI Accounting & Payroll, we’ve worked with small business finances for over 50 years. What is the best loan option? Can CSI help me get loans?

Payroll 52

Payroll Accounting Accounting 52

Compleatable

JUNE 12, 2023

it can be a daunting challenge to understand these terms and understand what they mean for your business. So, in this post we’ll delve into the 10 most common invoice payment terms and shed light on what they mean for your business. This term can be used with a custom order. Compleat could have the solution for you.

Invoicing 100

Invoicing Invoice Processing Accounting Accounting 100

Compleatable

SEPTEMBER 27, 2023

The post Compleat Software as a Service (SaaS) Service Terms first appeared on Compleat Software. NOTE COMPLEAT has no control over or responsibility for the continued availability of any Third Party Service(s) or any functionality or facility of or upgrade to any such service. Last updated: November 2021.

Computation 100

Computation Accounting Accounting 100

Accounting Tools

OCTOBER 24, 2023

Related Courses The Balance Sheet What is the Current Portion of Long-Term Debt? The current portion of long-term debt is a amount of principal that will be due for payment within one year of the balance sheet date. Related Articles Long-Term Liabilities It is stated in a separate line item in the balance sheet.

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Invoicera

NOVEMBER 9, 2023

Not adding clear payment terms.” Moving forward, in this blog post, we will cover every minor and significant detail about invoice payment terms to help you safeguard your business. Here’s what we will explore: What are payment terms, and how do you add them to invoices? Which terms are important to mention? Chaos, right?

Invoicing 59

Invoicing Financial Operations Financial Operations Tax 59

Invoicera

NOVEMBER 9, 2023

Not adding clear payment terms.” Moving forward, in this blog post, we will cover every minor and significant detail about invoice payment terms to help you safeguard your business. Here’s what we will explore: What are payment terms, and how do you add them to invoices? Which terms are important to mention? Chaos, right?

Invoicing 52

Invoicing Financial Operations Financial Operations Tax 52

Compleatable

MARCH 15, 2023

The post Compleat Software as a Service (SaaS) Service Terms first appeared on Compleat Software. NOTE COMPLEAT has no control over or responsibility for the continued availability of any Third Party Service(s) or any functionality or facility of or upgrade to any such service. Last updated: November 2021.

Computation 100

Computation Accounting Accounting 100

SMB Accounting and Consulting

MARCH 6, 2024

Accounting operates within its own language, a system of terms and conventions that serve as the backbone of financial communication and analysis. However, it may distort long-term financial health. Understanding these common accounting terms is essential for sound financial management and decision-making in business.

Accruals 52

Accruals Accounts Payable Accounts Payable Accounting 52

Invoicera

JANUARY 8, 2024

If you’re experiencing this too, it might be due to unclear specifications of net terms in your invoices. Understanding and effectively using net terms can be the key to streamlining your income, ensuring a more predictable cash flow. This guide aims to help you utilize net terms effectively, preventing future payment delays.

Invoicing 52

Invoicing Record Keeping Invoice Processing Billing 52

Accounting Tools

OCTOBER 11, 2023

Related Courses Credit and Collection Guidebook Effective Collections What are Invoice Payment Terms? Invoice payment terms are an integral part of any bills issued by a business to its customers. These terms state the date by which the invoice is to be paid and any discounts that may apply to an early payment.

Invoicing 40

Invoicing Collections Billing 40

Accounting Tools

JANUARY 30, 2024

What are Credit Application Terms? A clause could state that the person signing the application does have the authority to agree to the terms and conditions stated in the application. The credit application can be considered a legal document, since it may be signed by the applicant. Several examples are noted below.

Collections 40

Collections Invoicing Accounting Accounting 40

Analytix Finance & Accounting

FEBRUARY 12, 2024

Financial strategy and long-term planning, with the assistance of a chief financial officer (CFO) advisory services, can help businesses shape their financial health and success. Financial Strategy Development Contribute to the development of a comprehensive financial strategy outlining the steps required for long-term success.

Financial Analysis 52

Financial Analysis Accounting Accounting 52

Accounting Tools

NOVEMBER 26, 2023

What are Short Term Notes Payable? Short term notes payable are obligations to pay a specified sum, plus interest , within one year. These notes payable usually refer to the repayment of loaned funds in the near term. Short term notes can be negotiable.

Accounts Payable 40

Accounts Payable Accounts Payable Auditing Accounting 40

Accounting Tools

AUGUST 28, 2023

Related Courses Business Combinations and Consolidations CPA Firm Mergers and Acquisitions Divestitures and Spin-Offs Mergers and Acquisitions What is an Acquisition Term Sheet? A draft of the term sheet is usually circulated among the parties and their attorneys for changes to be negotiated before a final version is signed.

Financial Statements 40

Financial Statements CPA Auditing Tax 40

Counto

FEBRUARY 22, 2024

10 Essential Accounting Terms Every Small Business Owner Should Know As a small business owner, understanding basic accounting terms is crucial for managing your finances effectively. It’s essential to monitor your cash flow regularly to ensure you have enough funds to cover expenses and invest in growth opportunities.

Accruals 52

Accruals Financial Statements Accounting Accounting 52

Accounting Tools

APRIL 29, 2023

Related Courses How to Audit Liabilities The Balance Sheet What is Long-Term Debt? Long-term debt is a financial obligation for which payments will be required after one year from the measurement date. This information is used by investors , creditors , and lenders when examining the long-term liquidity of a business.

Auditing 40

Auditing 40

Accounting Tools

APRIL 29, 2023

Related Courses How to Audit Liabilities The Balance Sheet What are Long-Term Liabilities? Long-term liabilities are those obligations of a business that are not due for payment within the next twelve months. Terms Similar to Long-Term Liabilities Long-term liabilities are also known as noncurrent liabilities and long-term debt.

Financial Statements 40

Financial Statements Auditing Tax 40

FundThrough

FEBRUARY 17, 2023

One way to get funding in a hurry is short term financing. It can help business owners cover unexpected costs or losses, bridge cash flow gaps, or take advantage of timely opportunities while limiting […] The post 6 Short Term Financing Options for Growing SMBs appeared first on FundThrough.

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Accounting Tools

JULY 24, 2023

Related Courses Corporate Finance Credit and Collection Guidebook Treasurer's Guidebook What are Credit Terms? Credit terms are the payment requirements stated on an invoice. It is fairly common for sellers to offer early payment terms to their customers in order to accelerate the flow of inbound cash.

Corporate Finance 40

Corporate Finance Invoicing Accounts Receivable Accounts Receivable 40

FundThrough

FEBRUARY 23, 2023

One way to get funding in a hurry is short term financing. It can help business owners cover unexpected costs or losses, bridge cash flow gaps, or take advantage of timely opportunities while limiting […] The post 6 Short Term Financing Options for Growing SMBs appeared first on FundThrough.

Invoicing 52

Invoicing 52

Billah and Associates

AUGUST 1, 2023

Discover the long-term effects of professional accounting services and how they can positively impact your business’s financial health. Conclusion Professional accounting services not only save you time but also unlock numerous long-term benefits for your business’s bottom line.

Payroll 52

Payroll Bookkeeping Accounting Accounting 52

Accounting Today

OCTOBER 31, 2022

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Accounting 208

Accounting Accounting 208

Accounting Tools

MAY 21, 2023

Related Courses Accounting for Freight Accounting for Inventory Inventory Management The term FOB is an abbreviation of free on board. The terms FOB destination and FOB shipping point often indicate a specific location at which title to the goods is transferred, such as FOB Denver.

Accounting 40

Accounting Accounting 40

Nanonets

SEPTEMBER 21, 2023

When it comes to managing your business finances, it's essential to understand crucial accounting terms like accrual and deferral. These terms define how you recognize revenue and expenses, and they play a significant role in  financial reporting. This can make it difficult to manage short-term cash flow needs.

Accruals 40

Accruals Financial Statements Accounting Accounting 40

Insightful Accountant

JULY 31, 2023

A new webinar by LeaseCrunch will help guide attendees through preparing for the next chapter of ASC 842 lease accounting implementation. See how to sign up today.

Accounting 81

Accounting Accounting 81