Bookkeeping Headlines

By yavor

Calculating Present and Future Value of Annuities

January 12, 2024

This annuity has an Bookkeeping for Consultants annual compound interest of 8% and he wants to know how much he would get at the end of year 5. An annuity due, however, is a payment that is made at the beginning of a period. Though it may not seem like much of a distinction, there […]

By yavor

How Long to Keep Invoices: Financial Record Guidelines

February 8, 2022

That’s why most ants recommend that you hold on to your tax return and all ing documentation for seven years from filing. Each business within the VAT group uses a different type of sales or purchase ledger software to digitally record sales and purchases. Invoices are automatically emailed to customers in PDF format once an […]

By yavor

ing Equation Definitions, Formula and Examples

December 17, 2021

Let us imagine a business is set up and enters into a series of transactions over the first period. All transactions are recorded by the ing system and used to produce an income statement, balance sheet and cash flow statement. The purpose of the ing equation is that it lays the framework for the ing […]

By yavor

A R Days Formula + Calculator

February 26, 2021

Medicare, Medicaid, or capitated payers generally pay fast, but mostly pay less than the actual cost of care. The quick payments made by these payers might show a sharp drop in your AR days. For instance, a clinic receives a medical necessity denial ar days simple from a payer. Now, instead of taking a few minutes […]