A related concept is that of net operating cycle which is also called the cash conversion cycle. The net operating cycle subtracts the days a company takes in paying its suppliers from the sum of days inventories outstanding and days sales outstanding. Calculating the inventory period is a key step in understanding a business’s operating […]
Category Archives: Bookkeeping
Nonprofits that rely on grants often deal with requirements and deadlines they have to meet for each grant. Fund accounting for nonprofit organizations ensures funds are used according to those requirements and within the agreed deadlines. It’s hard to turn away money, but think things through before accepting restricted funds if you’re a small organization. […]
When you compare HES’s P/E of 31 to MPC’s of 7, HES’s stock could appear substantially overvalued relative to the S&P 500 and MPC. Alternatively, HES’s higher P/E might mean that investors expect much higher earnings growth in the future than MPC. The stock price (P) can be found simply by searching a stock’s ticker […]
You will be responsible for using bookkeeping software like QuickBooks to record transactions, produce reports, and check financial information for accuracy. You will handle expenses, receipts, payables, and accounts receivable. In addition, you may also help with payroll, purchasing, and outstanding accounts. Simple, straightforward pricing for everything your business needs. Its bookkeepers help businesses have […]
The latest issue appears to involve actual cash and elected Republican Treasurer Curtis Loftis, whose job is to write checks for the state. The average salary for an accountant in Georgia is around $74,700 per year. Chief Financial Officers (CFOs) in Georgia enjoy top pay for their industry-specific expertise, business acumen, and the CPA license […]