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Category: Bookkeeping

NOI In Real Estate: Net Operating Income Explained

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And it comes in handy when comparing both NOI and operating expenses to typical standards or the overall market. Reserves for Replacement – Reserves are funds set aside for major future maintenance items, such as a roof replacement, or air conditioning repair. While the textbook definitions... Continue reading

What is the Cost of Sales? Formula and Calculation

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For example, if you pay employees to assemble your product, both the product’s raw materials and the employees’ wages are included in your cost of goods sold. These expenses are also known as direct expenses since they relate directly to your product’s creation. The time... Continue reading

Equity Statement Definition, Example, Item Explained

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Private equity is often sold to funds and investors that specialize in direct investments in private companies or that engage in leveraged buyouts (LBOs) of public companies. In an LBO transaction, a company receives a loan from a private equity firm to fund the acquisition... Continue reading

What Is the Net Working Capital Ratio?

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Therefore, this results in decreased liquidity and makes your business less competitive. So, it becomes very important to quickly convert inventory into cash. Thus, it is important to calculate changes in the Net Working Capital. This is to ensure that your business maintains a sufficient... Continue reading

QuickBooks Accountant Desktop Accounting Software Intuit

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While QuickBooks Online is only 50 cents more than Xero, note that that is the introductory cost for the first three months. QuickBooks Online goes to $30 per month after that and is easily our most expensive option. Intuit reports that 94% of accounting professionals... Continue reading

Gross Profit vs Net Profit Explained Simply

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At Sunwise Capital, we understand that an astute awareness of this can fuel strategic planning. Consequently, analyzing returns within the context of gross and net sales provides invaluable insights. Returns must be diligently subtracted from the initial sales figures to arrive at net sales, and... Continue reading

Pricing and subscription levels for QuickBooks Online

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If you previously purchased QuickBooks Desktop licensing, you can continue to use the software as long as you like. However, be aware that support for your product will end three years after its release. Most importantly, ask yourself if the benefits of Enterprise outweigh the... Continue reading
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