6 Best Accounting Software for Small Businesses 2024

Mint is a great place for households to start when it comes to budgeting and bill tracking and is the best in our review for home use. Since Mint is completely free, it is worth trying out before moving to the more robust and costly personal finance software. Founded in 2003 in Toronto, FreshBooks started […]

What Is QuickBooks & What Does It Do?

Additionally, some users like that QuickBooks Desktop allows them to customize, memorize, and schedule reports easily. QuickBooks Desktop indeed has advanced reporting features, but you must upgrade to Advanced to access them. If you sell products and your state requires that you collect sales taxes, you will need to set up your sales tax. QuickBooks […]

Earnings Per Share EPS: What It Means and How to Calculate It

A higher EPS generally indicates a higher value and profits relative to a company’s stock price, though there’s no number set as a “good” EPS. Instead, consider EPS trends over time and how a company’s EPS compares to that of its peers. Additionally, you can evaluate EPS based on how it compares to industry peers […]

9 1: Use a Problem Solving Strategy Part 1 Mathematics LibreTexts

You have also translated word sentences into algebraic equations and solved some word problems. The word problems applied math to everyday situations. You had to restate the situation in one sentence, assign a variable, and then write an equation to solve. This method works as long as the situation is familiar to you and the […]

What Book Value Means to Investors

You could certainly calculate the book value of a personal asset, like a car. However, this calculation would be somewhat pointless since only business assets offer tax benefits for depreciation. You can’t use the depreciation of your personal car to reduce your annual taxable income—the government doesn’t consider the two things related. Companies report their […]

What is a Carrying Value of a Bond? Definition Meaning Example

CV is based on the asset’s book value, which depends on the asset’s initial cost and depreciation schedule. For example, let’s assume an asset bought at $1,000,000 in 2015 has a carrying value of $500,000 as per the books. But the fair value of the same asset can be $800,000, which depends on the current […]

What Does an Accountant Do? Responsibilities, Skills & Trends

Specialties include general financial planning, career development, lending, retirement, tax preparation, and credit. Accept online payments directly from your invoice by integrating your credit card. Not only will it make paying convenient for your client, but it will also speed up the payment process. Simply connect your FreshBooks account to FreshBooks Payments to accept payment […]