Bookkeeping

By comparing the current assets of a particular company to its current liabilities, the working capital metric is comparing the resources with positive economic value to its short-term obligations. Working Capital is a measure of short-term liquidity and calculated by

There is no definite answer to "what is a good margin" — the answer you will get will vary depending on whom you ask, and your type of business. Firstly, you should never have a negative gross or net profit

The most useful tool for monitoring receivables is the accounts receivable turnover ratio. The cash is received in April, but the revenue is correctly recorded in March. Using accounts receivable posts the revenue in the month earned, and your accounting

For example, if a small business in your list just added lots of new employees, you could reach out and offer to help with their new payroll needs. While following up is important, accounting firms have more specific windows when