If you only work part-time, divide your annual wage by the number of hours you worked per week to get your hourly wage. In general, income is money you receive from working, providing a good or service, or investing. In other words, it’s any money you gain that you can put in the plus or […]
Archivos de la categoría: Bookkeeping
Understanding Levered vs Unlevered Free Cash Flow
Finally, the calculation of these metrics can be complex and require detailed financial information, which may not always be readily available, especially for private properties or companies. Levered free cash flow is considered the more important figure for investors to examine since it is a better indicator of the actual level of a company’s profitability. […]
Services Invoice Template & Sample Invoice for Easy Billing Management
A brand or company logo defines your brand’s identity and makes it stand out from other competitors. Include the date of the invoice and make sure it is the same as when the invoice was created. The due dates to be added to the invoice must be discussed with the customer before offering a cleaning […]
How do you record a payment for insurance?
Unearned premiums are the portion of the premium that corresponds to the unexpired part of the policy period. Premiums have not been fully “earned” by the insurance company until the policy expires. If a policy is canceled before it expires, part of the original premium payment must be returned to the policyholder. While insurance premiums […]
Should I be Taking A Salary Or A Draw: Tax Implications for Business Owners
The salary your received as the owner comes to you as a paycheck by direct deposit or other payment method. You can set owners draw vs salary llc it up to automatically deduct payroll taxes (just like any other employer) through a payroll tool, like Collective Payroll. Most businesses opt to be recognized as sole […]