Category: Bookkeeping

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Tracking Your Gyms Financial Performance

Analyzing the revenue generated from corporate partnerships can help gym owners assess the success of these programs and make informed decisions about future partnerships. Discover various gym financial statement examples to gain insights into the financial health of your fitness business. Learn how to create gym financial statements and get some ideas from the below […]

CONTINUE READING Tracking Your Gyms Financial Performance 4 min read
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Sales Tax Calculator: Estimate Your Sales Tax

Even in those states that have sales taxes, they don’t usually apply to every product or service. Most states don’t charge sales taxes on groceries or prescription drugs. Additionally, some states add clothing and medical devices to the list of items that aren’t subject accounting services for startups to sales taxes. With QuickBooks, sales tax […]

CONTINUE READING Sales Tax Calculator: Estimate Your Sales Tax 6 min read
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Sales Tax Calculator: Estimate Your Sales Tax

Even in those states that have sales taxes, they don’t usually apply to every product or service. Most states don’t charge sales taxes on groceries or prescription drugs. Additionally, some states add clothing and medical devices to the list of items that aren’t subject accounting services for startups to sales taxes. With QuickBooks, sales tax […]

CONTINUE READING Sales Tax Calculator: Estimate Your Sales Tax 6 min read
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IFRS 14 Regulatory Deferral Accounts

By accounting for the expense of the packing material in this way, you can more clearly track your company’s profits and expenses. If the entire cost for the material was accounted for in January, the income statement for January might appear deferral in accounting skewed in a negative direction, with costs and expenses outweighing revenue. […]

CONTINUE READING IFRS 14 Regulatory Deferral Accounts 1 min read
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Dividends in Arrears Defnition, Link With Preferred Shares

For example, real estate investment trusts (REITs) are legally obligated to distribute at least 90% of earnings to shareholders as they enjoy special tax exemptions. Master limited partnerships (MLPs) tend to have high payout ratios, as well. A growth investor interested in a company’s expansion prospects is more likely to look at the retention ratio, while an […]

CONTINUE READING Dividends in Arrears Defnition, Link With Preferred Shares 7 min read
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Understanding Capital Budgeting: Making Informed Financial Decisions

In taking on a project, the company involves itself in a financial commitment and does so on a long-term basis, which may affect future projects. Payback analysis is the simplest form of capital budgeting analysis, but it’s also the least accurate. It is still widely used because it’s quick and can give managers a “back […]

CONTINUE READING Understanding Capital Budgeting: Making Informed Financial Decisions 4 min read
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