Category: Bookkeeping

Proper management of the burn rate allows companies to maintain a strong financial position and attract investors, leading to long-term success. Companies with high burn rates may also require additional funding in order to sustain their operations. This can be a difficult task, as investors Navigating Financial Growth: Leveraging Bookkeeping and Accounting Services for Startups…

Another popular iteration of the ratio is the long-term-debt-to-equity ratio which uses only long-term debt in the numerator instead of total debt or total liabilities. This second classification of short-term debt is carved out of long-term debt and is reclassified as a current liability called current portion of long-term debt (or a similar name). The…

Estimate costs and expenses For a SaaS business COGS are different compared to ‘normal’ businesses as there is no regular production or service delivery process involved. However, also SaaS companies definitely incur COGS, such as hosting costs, customer support and onboarding costs, and online payment costs. From these examples you can notice that all of…

Who licenses CPAs? However, many factors can impact how much an accountant will charge you for tax assistance. For an accurate price estimate, request quotes from several certified public accountants (CPAs) near you. Accountants are financial professionals who have received an accounting degree from a four-year university or college. By trade, accountants prepare, maintain and examine the…

In the assets section of the balance sheet, you will notice that there are current and long-term assets. Additional paid-in capital or capital surplus represents the amount shareholders have invested in excess of the common or preferred stock accounts, which are based on par value rather than market price. Shareholder equity is not directly related…