The solvency ratio represents the ability of a company to pay it’s long term obligations. This ratio compares your company’s non-cash expenses and net income after taxes to your total liabilities . The cash ratio is different from both the quick and current ratios in that it only takes into account assets that are the easiest to …
First, there is the liability that you could incur if you make any errors that result in additional interest and penalties. As discussed previously, you will need to purchase professional liability insurance to ensure you are covered.
They’re responsible for recording every financial transaction in your general ledger using …
Net pay is what an employee gets to take home at the end of the day after taxes, deductions, and other withholdings. This dollar amount appears front and center on the check, and is the number most familiar to people. If your employer can’t or won’t generate your pay stubs for you, there is another way.
Plus, expense data can be …
Note that the process differs slightly for hourly and salaried employees. Hourly employees clock in and out, and their pay stubs may vary a bit from pay period to pay period. Salaried employees earn a set wage that doesn’t change from week to week. Payroll is the reason each new hire needs to fill out and submit a W-4 tax form (or …
The more demand we have, the greater our ability to make more shoes (this includes making men’s versions of our women’s shoes and visa versa). The more demand we have for particular shoes or colors, the more we’re able to offer. Most of them are wearing the product with our sandals, but we know of some who wear CorrectToes with our …
You can’t run a business these days without an Internet connection, but free Wi-Fi hotspots are not going to cut it. First, free access points are typically not reliable enough for business work. Technology is a powerful thing for small business owners, regardless what type of business they run.
When buying equipment, consider the …