by How To Set Up | Dec 30, 2025 | Uncategorized
Revenue earned but not yet billed or collected. For example, consulting services provided in December but invoiced in January. Recognized under accrual accounting.
by How To Set Up | Dec 28, 2025 | Uncategorized
In sole proprietorships, this represents the owner’s initial and ongoing contributions. It reflects investment and retained profits. Balances with drawings or withdrawals.
by How To Set Up | Dec 28, 2025 | Uncategorized
Measures how effectively a company generates profit from shareholders’ investments. Calculated as Net Income ÷ Shareholders’ Equity. A key metric for investors.
by How To Set Up | Dec 27, 2025 | Uncategorized
The ability to upload bulk journal entries, usually via spreadsheets or API connections. Essential for companies migrating from older systems or handling high-volume adjustments. Ensures efficiency and accuracy.
by How To Set Up | Dec 27, 2025 | Uncategorized
Physical structures owned by the company used for operations. Buildings are depreciated over their useful life. Maintenance is expensed, while improvements are capitalized.
