With real-time insights, you can make on-the-fly decisions about where to spend and where to save, helping your business stay on budget. You might have an unexpected downturn in sales due to uncontrollable external circumstances, or maybe you need a financial boost during slow periods in a seasonal business. Brands with big growth goals often […]
Category Archives: Bookkeeping
The Home Depot’s Summer Internship program offers college students an opportunity to develop leadership skills and gain hands on experience in a corporate environment. Interns will learn more about our retail business and our corporate offices while having the opportunity to work on a pre-assigned project that impacts the function they are supporting. Additionally, interns […]
No, setting up a credit sale is relatively simple provided that there is an agreement in place detailing the terms of the sale. For example, at the end of 2019, Sears, Roebuck, and Company’s accounts receivable totaled over $15 billion, and IBM’s totaled over $6 billion. As a result, some firms have a substantial portion […]
Yes, there are accounting programs specifically designed for photographers, such as FreshBooks and Wave Financial. These programs offer a range of features tailored to address the unique financial management needs of photography businesses, from invoicing clients to tracking expenses and income. Properly managing the finances of your photography business is essential for improving cash flow […]
Subtracting accumulated depreciation from an asset’s cost results in the asset’s book value or carrying value. Hence, the credit balance in the account Accumulated Depreciation cannot exceed the debit balance in the related asset account. Accumulated Depreciation is credited when Depreciation Expense is debited each accounting period. Your accounting software stores your accumulated depreciation balance, […]