What is the book value of bonds payable?

When the bond matures, the discount will be zero and the bond’s carrying value will be the same as its principal amount. The discount amortized for the last payment may be slightly Valuing Bonds Payable different based on rounding. See Table 1 for interest expense calculated using the straight‐line method of amortization and carrying value […]Continue reading

Gross Profit vs Gross Margin Definition and Key Differences

When requesting a loan or line of credit from a bank, these numbers are key determinants of your store’s ability to repay. A company’s management can use its net profit margin to find inefficiencies and see whether its current business model is working. With Tesla margins now more like a traditional automaker, and with growth […]Continue reading

Xero Accounting Integration With Ekos Craft Beverage Software

Content Xero Expenses How Does The Joiin Xero App Work? Easy User Reviewsof Xero Xero Accounting Software Early Activities In Xero What Do Verified Users Say About Xero Ekos is syncing all of this into your Xero account, creating a seamless user experience for all your teams. Creating automated accounting processes, the Xero integration with […]Continue reading

6 Inspiring Customer Success Stories of Focus, Loyalty, and Teamwork

And this desire for trust has only been amplified during the pandemic. Turning a case study into a customer success story is done through a meticulous and investigative process. I’ve attached a few examples of previous success stories to get a feel for the final product. We also conduct a social media campaign so you […]Continue reading

Bookkeeper Job Description: Templates for Hiring at Your Business

On the downside, outsourcing accounting for your restaurant could lead to communication lapses, especially if they’re in a different time zone or city. You’ll also give them your financial information, trust their financial decisions, and might have to pay a higher price upfront. Ensure that you keep all https://www.bookstime.com/ receipts and invoices organized and record […]Continue reading

Financial Ratio Analysis: Definition, Types, Examples, and How to Use

They may also make financial ratios a part of your business loan agreement. For instance, they may require that you keep your equity above a certain percentage of your debt, or your current assets above a certain percentage of your current liabilities. Some of the important efficiency ratios include the asset turnover ratio, inventory turnover, […]Continue reading

How Much Should Accounting Cost a Small Business? Costs & Averages

Content What’s the True Cost of Doing Your Bookkeeping In-House? How Much Does it Cost to Outsource Bookkeeping? Full Charge Bookkeeper vs Outsourced Bookkeeping Part-Time Bookkeeping Cost Basic Bookkeeping Costs Per Month and Year They generally do all data entry into accounting ledgers or software. So you’ve concluded you can’t afford your own hourly rate […]Continue reading

How to Start Your Own Bookkeeping Business: Essential Tips

The template subtracts payments to show a running balance for each line item and displays the total amount due to all vendors at the top of the spreadsheet. This template includes a ledger for tracking customer payments and an accounts receivable aging tab to track outstanding payments. The template automatically populates the accounts receivable aging […]Continue reading