Self Employed Accounting Software Wave Financial

« It’s not just a cool piece of software, it is giving peace of mind to people.” You deserve to know your taxes aren’t something you have to sweat over the entire calendar year. » Monitor your cash flow, stay organized, and stop sweating tax season. Say #sorrynotsorry to your spreadsheets and shoeboxes. This makes Wave unable […]

What is BPO Financial Accounting, and How Does It Work?

A BPO company usually specializes in one service or group of services, such as back-office support or, in the case of RPOs, biotech research. These lists are not comprehensive, as new companies crop up weekly, and companies frequently merge. The future of BPO is similar to that of many industries in that automation will be […]

Gearing Ratios: What Is a Good Ratio, and How to Calculate It

A company with too much debt might be at risk of default or bankruptcy especially if the loans have variable interest rates and there’s a sudden jump in rates. It’s important to compare the net gearing ratios of competing companies—that is, companies that operate within the same industry. That’s because each industry has its own capital needs and relies on different growth […]

Which QuickBooks Functions Most Useful For Business

This cloud-based product is perfect for freelancers seeking a simplified accounting solution. Invite your accountant, bookkeeper, or other users to collaborate on your books. Send invoices, record transactions and adjust reports in different currencies and assign currencies to different customers. Get set for tax time with all your expenses organised in one place. Could you […]

Net Working Capital NWC Formula + Calculator

If this company’s liabilities exceeded their assets, the working capital would be negative and therefore lack short-term liquidity for now. To calculate working capital, you’ll need to understand your business’s current assets and current liabilities. If you’ve ever created a balance sheet for your business, you may be familiar with assets and liabilities. A healthy […]

Gross Profit Margin Formula, Example, and Interpretation

Gross profit margin divides that by revenue and multiplies it by 100% to give a percentage. They will tell you the same basic relationship of revenues to costs but expressed in different ways. Let us say that a company called Dog Necessities sells dog accessories, treats, and customized products and its income statement is as […]