Momina Yousaf

Hal also points to OPS (other people’s skills) as a reason to get bookkeeping help sooner than later. The business owner is an expert in their business, and a good bookkeeper is an expert in processes and accounting. It’s worth the money to use OPS to do the things that you might not be good at …

Whats the Difference Between Payroll and Bookkeeping? Read More »

Doing so will help you see at a glance which expenses take up the largest percentage of your revenue. The income from selling the products or services will show up in operating profit. If it is declining, which is in the case of XYZ, Inc., there is less money for the shareholders and for any …

Common Size Analysis of Financial Statements Read More »

This is why it is very important for companies to carefully consider all options before making a capital expenditure decision. Capital expenditures are mostly considered irreversible decisions because they involve a long-term commitment of resources. In contrast, a low ratio shows that a company may not have enough funds available to make capital purchases. Capital …

Accounting For Capital And Revenue Expenditure Explanation And Examples Read More »