The Reference no. is normally used for numbering the invoice received from your creditors. If meals are already included as part of a conference or event, employees may not be…
If the t-statistic is larger than a predetermined value, the null hypothesis is rejected and the variable is found to have explanatory power, with its coefficient significantly different from zero.…
If you deducted an incorrect amount of depreciation in any year, you may be able to make a correction by filing an amended return for that year. If you are…
If you’re paying your taxes in instalments, quarterly and even monthly financial reports can really come in handy. A clear picture of your income within a specific quarter makes it…
It's also used to understand a company's capital structure and debt-to-equity ratio. Let's suppose company ABC issues a $100 million bond that matures in 10 years with the covenant that it…
The only way to keep the records is to have a very well-organised filing and archiving system. A box or basket full of randomly placed papers makes it much harder…
As a business owner or accountant, keeping track of cash disbursements is essential for maintaining accurate financial records. QuickBooks’s Cash Disbursement Journal helps streamline and simplify the recording and managing…
Double taxation is an unfavorable outcome but the ability to reinvest earnings after taxes in the company's projects at a lower corporate tax rate is an advantage. When deciding whether…