Category Archives: Bookkeeping

Noncumulative preferred stock definition

Then multiply by the dividend rate for the preferred stock, and that will give you the amount of the dividend the company must pay before restoring a dividend to common shareholders. Unlike cumulative preferred stock, noncumulative preferred stock does not utilize the dividend in arrears account for unpaid dividends. Noncumulative preferred stockholders have priority over […]

How to handle Stale checks from prior financial years

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Financial Statement Analysis: How Its Done, by Statement Type

By using a number of techniques, such as horizontal, vertical, or ratio analysis, investors may develop a more nuanced picture of a company’s financial profile. Some examples of important profitability ratios include the return on equity ratio, return on assets, profit margin, gross margin, and return on capital employed. To calculate financial ratios, an analyst […]

‎INVOICE SIMPLE on the App Store

Using sales invoice templates aren’t the most efficient invoicing method. When you don’t have much time and are on the move, using invoicing software like Bookipi Invoice is the most convenient invoicing solution. Save your business details, customer information, and common invoice items in your account so that anything can be added to new invoices with a […]

3 Best Accounting Firms in Lincoln, NE Expert Recommendations

Our firm’s reputation reflects the high standards we demand of ourselves. Effective January 1, 2024, new reporting rules are Bookkeeping Services in Lincoln in place under the Corporate Transparency Act (CTA). These reports, known as Beneficial Ownership Information (BOI) reports, must be filed electronically through the FinCEN website. It’s crucial for businesses to comply with […]

8 Notable Areas of Accounts Receivable Management for Doctor Practices

In our experience, the most fraudulent activity happens in or during the billing process. Unfortunately, patients have been known to file false medical billing claims in an effort to defraud the state or federally funded programs for money. It is also unfortunate https://www.bookstime.com/ that abuse and fraud are committed by medical office staff members. Common […]