Alabama and Texas, for example, call it a "certificate of formation." Some states also have publication requirements, which means you need to publish an announcement of your new business in a newspaper. First, you'll need to ensure that the name you
Read MoreArchive for category Bookkeeping
They are vital components of a balance sheet, which is one of the primary financial statements used by stakeholders to assess a company’s performance and sustainability. A liability is something that a person or company owes, usually a sum of money.
Read MoreHer expertise is in personal finance and investing, and real estate. Kelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer
Read MoreElectronic invoicing opens the door to eliminating paper use from your AR operations entirely, a change that can help reduce your costs and carbon footprint. Reputable platforms like Invoicera have customer support teams to assist with technical issues.
Read MoreManagement accounting concentrations include additional courses in controllership, internal and operational auditing, accounting and reporting issues, and advanced management accounting. Managerial accounting is the process of identifying and analyzing
Read MoreWhile an annuity table provides a quick and easy way to calculate the present value of an annuity, it’s not the only method. The table simplifies this calculation by telling you the present value interest factor, accounting for how your interest rate
Read MoreCost accountants want to be able to estimate and allocate overhead costs like rent, utilities, and property taxes to the production processes that use these expenses indirectly. For instance, it has been the traditional practice to absorb overheads
Read MoreCloud manufacturing systems can help track COGM by keeping track of raw materials as they pass through each stage of production and into the finished goods inventory. COGM is a useful accounting metric because it can be used to measure the performance
Read MoreIf a company’s stock is publicly traded, earnings per share must appear on the face of the income statement. The balance sheet is also known as the statement of financial position and it reflects the accounting equation. The balance sheet reports
Read MoreThis is because the income tax laws allow these costs to be written off over a minimum of five years. The procedures to form a corporation and subsequently to conduct business are a function of state law, and as you might expect, all states have somewhat
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