Secured credit cards help build credit, and if you can’t get a regular checking account, try second chance checking. These accounts provide another shot at mainstream banking and its perks. For that reason, a prepaid plan doesn’t necessarily mean [...]

If you’re still having issues with these liabilities after trying the recommendations from my colleague, then I suggest contacting our Customer Support Team. They’ll be able to do a screen share to review your account to see why this [...]

The accounts receivable department is responsible for managing these receivables. Peakflo’s Invoice module allows you to create and send professional invoices automatically with customizable line items, discounts, and tax rates. It also allows accounts receivable teams to track invoice [...]

That’s why heads like CFO and controller play a very important part in the functioning and decision-making of an organization. A company should start thinking about bringing on a part- or full-time controller when they reach $1 to $5 [...]

Content EFRAG endorsement status report 10 November 2022 Create a free account to unlock this Template Company B Income Statement The Balance Sheet Fourth: Cash Flow Statement Overview of financial statements Investing cash activities primarily focus on assets and [...]

A company’s shareholders’ equity tells the investor how effectively a company is using the money it raises from its investors in order to generate a profit. Since debts are subtracted from the number, it also implies whether or not [...]

You can use only one effective date for a liability adjustment. If you need to make adjustments for more than one period, then you must use a separate adjustment transaction for each period. Make sure that the adjustments are [...]

Someone on our team will connect you with a financial professional in our network holding the correct designation and expertise. Ask a question about your financial situation providing as much detail as possible. Our mission is to empower readers [...]

Since the risk profiles of both bonds are different, the yields provided by both bonds are also quite different. On the other hand, revenue bonds may be quite risky, and hence, sometimes, their yield can be quite close to [...]

In this example, the $85,200 total is the net realizable value, or the amount of accounts anticipated to be collected. However, the company is owed $90,000 and will still try to collect the entire $90,000 and not just the [...]