3. For hours of support and how to contact support,click here. 4. With our Tax Penalty Protection: If you receive a tax notice and send it to us within 15-days of the tax notice we will cover the payroll tax penalty, up to $25,000. Additional conditions and restrictions apply. See...
Assets can be intellectual property or physical property, such as equipment or buildings. The depreciation process of intellectual property is referred to as amortization. Calculation of depreciation begins with the asset’s capitalization date when it’s put into service. It spreads over the useful ...
The current ratio, also known as a liquidity ratio, is a simple concept that requires only two pieces of data to compute: the totalcurrent assetsand the totalcurrent liabilities. Current assets include only those assets that take the form of cash orcash equivalents, such as stocks or othermar...
Explain the debt to total assets ratio. How is it calculated? How is the accounts receivable turnover computed? What information does this ratio provide? How do you compute the unadjusted cost of goods sold? 1. What are some types of receivables for accounting? 2. How does accounts receiva...
Subtract a positive change and add a negative change in working capital, which is the difference between current assets and current liabilities. Deduct planned capital expenditures, such as renovations and maintenance, to get the cash flow projection for each year. Residual Value Estima...
Focusing first on individual assets is an indispensable and great way to start understanding your portfolio’s overall performance. One basic measure comes from calculating each asset’sreturn on investment(ROI), which establishes how effectively an asset is putting your money to work. ...
When you sell your house, you are liable to pay tax. Gains or Loss which arise from the sale of capital assets,such as Gold, Debt Mutual Fund and Property etc are subject to tax under the Income-tax Act, under the head Capital gains. The tax paid on this amount of capital gains is...
1. Assets:Assets represent everything that a company owns and can include tangible assets (such as inventory, property, and equipment) as well as intangible assets (such as patents and trademarks). Within the assets section of the balance sheet, we are particularly interested in the inventory,...
Instead of using a spreadsheet or pen and paper, we would always advise business owners to compute average inventory using a dependable inventory management program. The calculation of average inventory can be made extremely simple, automatic, and less prone to errors with the use of inventory mana...
Click on the Confirm button to confirm the vendor bill. The screen will show a new smart button named Assets as soon as you validate the bill. If the bill has been generated for multiple quantities, the smart button will show assets for each quantity separately. ...