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Businesses run on revenue, and accurate startup financial projections are a vital tool that allows you to make major business decisions with confidence. Financial projections break down your estimated sales, expenses, profit, and cash flow to create a vision of your potential future. We’ve collected the top free financial projection and forecasting templates. These templates …

Financial Projections for Startups Template + Course Included Lire la suite »

We would then take the 90 units from January 22nd, and 50 units from January 12th. Auto dealerships often store their most recently acquired vehicles on their lots, and these vehicles are more likely to be sold first. Similarly, retailers dealing with items such as clothing, electronics, or snowmobiles often follow the LIFO method, as …

Lifo and Fifo Calculator to calculate ending Inventory Lire la suite »

If you manage a rental property (or more), collect rent and pay taxes, Hammock is for you. Hammock will then automatically monitor your rental payments, send you notifications as they happen (or as soon as they’re late/missing) and reconcile transactions in real-time. Nickname the bank account to identify the rental property (such as 1945 Jasper …

Landlords Guide to Rental Property Accounting Lire la suite »

These include about us purchase price, shipping, fees, tariff and duty payments, and more. You may reside in one state but have sales tax nexus in another, which means you’ll need to register for a sales tax permit in that state and collect sales tax from buyers in that state. This article and related content …

UK Amazon Accountant Expert Accounting for FBA Sellers Lire la suite »

Most invoices are due within 30 days, noted as « Net 30 » at the bottom of your invoice. Without a due date, you will have more trouble forecasting 5 missteps to avoid when evaluating internal controls monthly revenue. Some CPAs and bookkeepers require a retainer if you want monthly assistance, but many simply charge by the …

Small Business Accounting Guide Lire la suite »