September 02, 2020
Charles LutwidgeAccounting in Banks Simplified
Most people are confused by bank accounting. We know how a company accounting works because a lot of us have more or less experience with it. Bank accounting is different. At the same time, we are sure you will find...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
September 02, 2020
Charles LutwidgeSmall Business Guide for Invoice Payment Terms
Invoice Basics A business is setting up its expectations ahead with invoice payment terms. To do this you need to make sure that you cover exactly how and when you expect to be paid. So what do you do? You...
September 02, 2020
Charles LutwidgeWorking Capital Ratio: Definition and Example
Sometimes, it is not enough to say a business is in “good health” or “bad health”. Thus, the management and investors often turn to financial ratios to put a number on this health, properly evaluate it and make the right...
September 02, 2020
Charles LutwidgeBetter Bookkeepers Review
Good bookkeeping makes a great business. It is one of the most essential roles that must be taken care of if you want to stay in business. Yet, doing bookkeeping is likely not why you started your business. Then why...
September 02, 2020
Charles LutwidgeYour Guide to the Real Estate Capitalization Rate
Individuals who are relatively new to the world of real estate finance often do not really understand the concepts capitalization rates and how one applies them in commercial real estate. That is not a problem because this article will introduce...
September 02, 2020
Charles LutwidgeCompleted Contract Method
What is a Completed Contract Method? The completed contract method is very conservative. There is going to be no revenues recognized, no expenses recognized and certainly, no gross profit recognized until the contract is entirely complete. There is no spacing...
September 02, 2020
Charles LutwidgeMinimum Wages in the United States
We all want an economy that provides a higher standard of living for low-wage employees. Some argue that raising minimum wages is the way to go. Others believe that it hurts the people it is intended to help, making it...
September 02, 2020
Charles LutwidgeHow to Increase Your Business Profitability
Business and sales are moving faster today than ever before. Every day it becomes harder and harder to compete with your competition. At the same time, for every entrepreneur, profit is a crucial part of being in business. Fortunately, there...