Bookkeeping
What is Your Tax Liability? Here’s A Complete Analysis
A self-employment tax liability is equal to 15.3% of your net income. You can pay your self-employment taxes through estimated tax paym...
Introduction to Capital Planning Metrics: NPV, IRR, PI CFI
Learn about its definition, components, and formula in this comprehensive guide. CFI’s in-depth IRR guide walks you through the formula...
QuickBooks Online Pricing: Cost Comparison Guide 2025
Setting up the software involves plenty of one-time tasks that you’ll want to get right the first time, like connecting your bank accou...
Bookkeeping Journal Entries for Asset Depreciation and Write-off
The depreciation expense needs to spread over the lifetime of the asset. When an asset with a loan is sold, they debit Cash for the amo...
Rent Accounting for ASC 842: Prepaid Rent, Journal Entries, and More
Picture it as a treasure chest nestled in the financial landscape, waiting to be unlocked as time unfolds. This classification reflects...
Dividend Journal Entry Declared Paid Example
Taken together, these five items -- assets, expenses, liabilities, equity and revenues -- are the pillars of corporate financial statem...
Payroll Outsourcing Services: An Ultimate Guide
Your employees will typically be able to access their payslips through a self-service platform. We pre-vetted and verified talents and ...
Gross profit ratio: What is it and how to use it
Net profit margin is a crucial financial indicator for assessing a company’s overall financial health. It measures the percentage of ne...
What are period costs in accounting? California Learning Resource Network
They are capitalized to inventory because when a product is in the process of being manufactured, work in process costs are being incur...
Debt to Equity Ratio D E Formula + Calculator
The Times Interest Earned ratio serves as an essential tool in financial analysis, providing crucial insights into a company’s debt ser...