On the other hand, they do so with additional risk and represent a bet against lower interest rates. Those appealing short-term yields can end up costing investors in the long run. Before jumping into an investment in a callable bond, an investor must understand these instruments. They introduce a new[…]

The face value of a bond is the starting point for gauging whether or not it’s a good investment for you. Combined with other factors like the coupon rate and time to maturity, an investor can determine how much money a bond will ultimately generate and its value relative to[…]

It’s calculated by subtracting a company’s total liabilities from its total assets. Essentially, book value reflects the amount that would be left over for shareholders if a company were to liquidate all its assets and pay off all its debts. This measure provides insight into a company’s intrinsic value and[…]

This can be done in accounts ranging from bank accounts to inventory records. The first step in performing a bank reconciliation is to review the bank statement for any discrepancies or unidentified transactions. This includes reviewing all deposits, withdrawals, fees, and other bank charges made. If a company’s bank statements[…]

You can send recurring invoices, set time tracking to record billable hours, accept online payments through payment integrations and provide a customer self-service portal. Invoicely is a versatile invoicing software platform designed to cater to the needs of freelancers and small businesses. The software provides a user-friendly interface with robust[…]

Fees start at $31 for online setup but vary based on your income level, how much you owe, how you pay and how you set up the long-term payment plan. One reason to file back taxes is to collect any tax refunds you may be owed due to overpaid taxes.[…]

Dividend account is credited to record the closing entry for dividends. Another essential component of the Highradius suite is the Journal Entry Management module. This module automates the creation and management of journal entries, ensuring consistency and accuracy in your financial statements. Organizations can achieve up to 95% journal posting[…]

A business transaction will fall into one of these categories, providing an easily understood breakdown of all financial transactions conducted during a specific accounting period. Both formats are suitable for financial presentations in Excel, but the Accounting format provides additional features tailored to accounting and financial statements. Your choice between[…]

The transactions result from normal business activities such as billing customers or purchasing inventory. They can also result from journal entries, such as recording depreciation. To create a ledger in accounting, you should first divide each account into two columns. Balancing Ledger Accounts A General Ledger is a record of[…]