Though this report is disseminated to all the customers simultaneously, not all customers may receive this report at the same time. We will not treat recipients as customers by virtue of their... Read more »

As you deliver the service, debit deferred revenue and credit earned revenue. They schedule spending to match actual cash availability instead of expected earnings. Managing deferred revenue shapes how businesses plan finances... Read more »

The WorkMax mobile app from Foundation Software is an easy-to-use time tracking software that collects field data in real time, so you can be confident that your workers are in the right... Read more »

The short workings refers to the difference between the actual royalty and the minimum rent. Recoupment of short workings is when the lessee is given an opportunity to recover any excess payment... Read more »

Also, if there are other businesses that may be affected in case of bankruptcy, then this could impact whether any claims would be paid back in full or just partially. The same... Read more »

•   If you wrote the check, calling a payee to remind them that a check is outstanding is a wise tactic. •   Keeping a balanced checkbook goes a long way toward preventing... Read more »

An even better option is to digitize your bookkeeping by using a system such as Stessa. You can use Stessa to connect accounts quickly and securely so that income and expenses are... Read more »

Step cost (or stepped cost) reflects the behavior of the total cost of an operation/ activity at various levels. Step costs are expenses that remain constant for a range of workload. The... Read more »

A popular add-on is the payroll feature where you can run payroll and access benefits in one convenient place. It does cost more to access this, which is approximately $22.50 more per... Read more »