by Danielle Riggs | Jan 18, 2024 | Bookkeeping
For example, imagine a company invests $200,000 in new manufacturing equipment which results in a positive cash flow of $50,000 per year. As you can see, using this payback period calculator you a percentage as an answer. Multiply this percentage by 365 and you will...
by Danielle Riggs | Dec 11, 2023 | Bookkeeping
In addition, Xero accounting and bookkeeping partners can offer bare-bones plans for businesses that need only the basics. We’re upfront about pricing, and provide full details of our pricing plans and optional extras. In regions where a feature is listed as an add-on...
by Danielle Riggs | Nov 23, 2023 | Bookkeeping
Calculate contribution margin for the overall business, for each product, and as a contribution margin ratio. Calculations with given assumptions follow in the Examples of Contribution Margin section. The contribution margin can also be used to quickly determine the...
by Danielle Riggs | Nov 6, 2023 | Bookkeeping
You can raise cash fast by assigning your business accounts receivables or factoring your receivables. Assigning and factoring accounts receivables are popular because they provide off-balance sheet financing. The transaction normally does not appear in your financial...
by Danielle Riggs | Oct 13, 2023 | Bookkeeping
Modern payroll services provide companies and employees with a cloud-based portal where they can set up and view their benefits and salaries. Set up an expense account and liability account within your chart of accounts. Payroll expenses refer to all costs incurred...
by Danielle Riggs | Oct 11, 2023 | Bookkeeping
Vtiger offers various ways to collaborate across teams, automate tasks and learn to provide the best customer experience you can. The Xero integrations let you sync your saved information from your Business and the related Contacts, Products, Services, Payments, and...