by How To Set Up | Nov 12, 2025 | Uncategorized
Consumable items used in daily operations, like paper, ink, or cleaning products. Supplies are assets until they are consumed. At usage, they are expensed.
by How To Set Up | Nov 12, 2025 | Uncategorized
Represents obligations to provide goods or services for gift cards sold but not yet redeemed. It remains a liability until redemption occurs. Important for revenue recognition compliance.
by How To Set Up | Nov 10, 2025 | Uncategorized
Company’s own shares that were repurchased from shareholders. It reduces equity since these shares are no longer outstanding. Often used for stock compensation or market stabilization.
by How To Set Up | Nov 10, 2025 | Uncategorized
A profitability ratio that shows how effectively assets generate net income. Calculated as Net Income ÷ Total Assets. Indicates efficiency in using resources.
by How To Set Up | Nov 9, 2025 | Uncategorized
Metrics displayed in the system to measure business performance, such as gross margin, collection days, or expense ratios. Accounting software often tracks KPIs in real time. Provides actionable insights for management.
